credit

I Don’t Need An Emergency Fund – I Have Credit!

February 2, 2012

I heard someone tell me that they don’t need an emergency fund because they have enough cash advance credit limit on their credit cards to use them as emergency funds. While the statement can be true, it is a response of a typical financially irresponsible person. The general rule of thumb is to have at [...]

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Can My Identity Be Stolen Using Information On My Bank Check?

January 16, 2012

After I had signed up for my 12th credit card, I needed a spreadsheet to keep track of all of them. I needed a document that included all the due dates of each of the credit cards. There’s no way I would be able to remember without writing them down somewhere. So now that each [...]

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How To Build Credit As A College Student

November 9, 2011

When I was a student at my college 15 years ago, my campus was flooded with credit card vendors, offering free T-shirts and other goodies to woo the students into signing up for credit cards. I must have signed up for at least 5 cards during my freshmen year to get the free stuff. But [...]

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Debit Cards Not Free Anymore

October 3, 2011

Bank of America said they will start charging for their debit card services. Banks until now had the option of making many of the banking services free to their customers. However, with the economy taking a huge toll on the financial sector the past few years, banks are desperately trying to make some changes in [...]

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What Not To Do After Becoming Debt Free

June 20, 2011

Over the course of my life, I have been on many diets in order to shed a few pounds so I can feel good about myself. I’ve been on all-cereal diet where I eat cereal for breakfast, lunch, and dinner. I’ve also been on no meat diets, salad diets, and simply other various versions of [...]