This past Saturday was a sad day. I spent part of it helping my mother-in-law, who is in her eighties, with a financial problem. It took me about two hours to figure out everything she had done. The brief:
She purchased 4 curtains by phone from a catalog company
She returned two of the curtains to the [...]
If you’re a small business owner like I am ( sole proprietor, LLC, or even S Corp ), then you probably need a business credit card. Nearly every bank offers one or more choices - some better than others. Just like personal credit cards, some business cards offer rewards such as cash [...]
Nowadays, it seems easier and easier to get credit cards with astronomical limits - provided you have good credit and the income to support it. The question is, why would you want a credit card with a $20, 30, or even $40,000 limit? Certainly you wouldn’t want to charge $30,000 worth of, well, [...]
Many folks have jumped on the bandwagon of applying for credit cards to receive the bonuses. The big ones lately have all been business credit cards, which anyone can apply for ( as a sole proprietor ). Some of the bonuses run in the hundreds of dollars, and it can be very [...]
Credit cards can be an incredibly useful and convenient tool when used properly. The problem is that most of us don’t do that. Some folks know they’re using their cards improperly, while some don’t have a clue. Here’s my list of top 5 credit card mistakes so you can do your best [...]
This is part 2 of 2 of 20 real answers to the 20 dumbest finance questions. The questions come from a post called the 20 dumbest personal finance questions at Punny Money. I covered the first 10 questions in the first post and we’ll tie up the last 10 in this one.
Q: How [...]
If Nick at Punny Money does one thing well, it’s creating humor where there sometimes isn’t. His recent post about the 20 dumbest personal finance questions had me laughing with it’s “here’s your sign” sort of answers. Then I got to thinking. Before I started seeking answers to my financial questions, I [...]
If you don’t have a credit card, you are probably the luckiest person I know. You’ve skipped all the pain and suffering that having one can give you. Pains like high interest, horrible fees, and hidden costs. Not to mention the added suffering of having all that revolving, unsecured debt hanging over [...]
FYGO, the newest site in the social networking borrowing and lending arena officially launched into public beta last Wednesday. Somewhat similar to Prosper, FYGO is based on a much closer network of people.
The power of FYGO lies in your relationships - trusted financial collaboration networks deliver unprecedented value to participants. At FYGO, our online financial [...]
Let this serve as a warning to all you college bound people this year. If you do nothing else with your college career, do not do these things.
This one is the most important. Avoid credit card debt like the plague. The less of it you have, the more fun stuff you can [...]
