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How Many Credit Cards Are Too Many?
Credit cards can increase your purchasing power, but how many credit cards are too many? There are both pros and cons of having multiple cards.
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7 Things to Pay Attention to On Your Credit Card Statement
When you get your credit card statement each month, do you look at the balance, decide how much of a payment to make, and then toss the statement aside? If you don’t take the time to carefully review your statement each month, you might be missing out on important information that could help you manage your finances better.
Finding a Job During the COVID-19 Pandemic
Millions of people have filed for unemployment since the coronavirus hit the United States, pushing the country’s unemployment rate up to nearly 15 percent at the time of this writing and leaving countless families wondering how they’re going to make ends meet. If your employment situation has been affected by the COVID-19 pandemic, here are a few tips to help you find a job during these tough times.
Which Types of Interest Are Tax Deductible?
Interest charges can take a big bite out of most any budget. But did you know that certain interest payments could actually help lower your income tax bill? When you itemize eligible interest expenses on your federal income tax return, you may be able to keep more cash in your bank account by reducing your IRS tax liability.
When Should I Get My First Credit Card?
Think you’re ready for your first credit card? Whether you want to establish and build a solid credit history, earn rewards, keep a card on hand for emergencies, or use your card as a convenient payment alternative to cash, it’s important to consider whether you’re prepared for the responsibility of possessing a credit card before applying for your first one. Because, once you open a credit card account, the way you use that credit card could have a lasting impact on your finances—for better or worse.
Will This Appear In My Credit Report? [Quiz]
Your credit reports contain useful information that paints a picture of your “creditworthiness.” But, like any type of report, credit reports don’t tell a reader the complete story about you, your life, or how you’re living it. For that, they’ll have to read your autobiography.
This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.