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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.
Continue ReadingThinking about accepting a credit line increase (CLI) from your credit card company, but you’re not convinced it’s a good idea? Have you received an email from them stating that you’re pre-approved for a CLI, but something’s keeping you from clicking the “accept” button?
We all know why we should save money. Doing so can provide us with additional security, freedom, choices, power, and more. But knowing why we should do something doesn’t necessarily make the process any easier or more enjoyable. So, in an attempt to provide a jolt of motivation to encourage you to save more, here are five reasons to embrace the actual process of putting money aside for your future.
With that last bottle of champagne or sparkling cider in the recycling bin and out on the curb, the holiday season is officially gone and the next big one is upon us: tax season. This season is typically less joyous than its predecessor—particularly if you owe Uncle Sam—but also because, with a U.S. tax code that’s thousands of pages long, it’s a confusing time of year for many of us. And with President Trump’s signing of a tax reform plan into law that goes into effect in 2018, confusion levels appear to be higher than ever.
Much of what you read these days about credit cards focuses on the negative: fees, interest rates, consumer debt, etc. But those little 3.37” x 2.125” pieces of plastic are neither inherently bad nor good. They’re simply a tool that can be used, at your discretion, to purchase items with an instant, no-collateral-required loan—which, when you think about it, is really kind of awesome.
In 2016, the typical American household spent $6,224 on food. Think of how much more money you’d have in your pocket (or your savings account) if you could cut down your weekly grocery bill. If you are wondering how to save money on groceries, use these simple tips. When you proactively seek out grocery deals, implement smart shopping habits, and use the right credit cards, you can stay well within your budget.
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.