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All Weekly Tips

All Weekly Tips

  • How to Build Credit from Scratch
    Apr 27, 2016
    It really is a classic Catch-22. You've got to have credit to get credit. So if you have no credit history at all, how should you go about building a good credit score from scratch? The tactics...
  • Pay Rent With Credit Cards and Earn Big Rewards
    Apr 19, 2016
    If you rent an apartment, the largest expense in your monthly budget is most likely your rent.  So would you put your rent on a credit card if you could?  If you plan to pay off your...
  • Think Twice Before Paying Taxes with Your Credit Card
    Apr 01, 2016
    Tax time is upon us yet again, which means many of you will be scrambling over the next few weeks to get your tax returns done and cut a check to old Uncle Sam. However, in recent years the IRS has...
  • What's the Best Way to Pay Off Credit Card Debt?
    Mar 16, 2016
    If the only thing that matters to you is saving dollars and cents, the payment strategy that clearly makes the most financial sense is paying off your balance with the highest interest rate first....
  • Leaving Monthly Balances Won't Boost Credit Scores
    Mar 15, 2016
    You've probably had friends tell you how they established their credit history faster by leaving monthly balances on credit cards instead of paying balances in full. I hope you didn't fall...
  • Don't Sweat the Soft Inquiries
    Mar 14, 2016
    A soft inquiry is recorded on your credit report when an existing creditor reviews your file, a prospective creditor pulls your report for marketing purposes, or you order your own credit report for...
  • How Much Does an Inquiry Hurt Your FICO Score?
    Mar 03, 2016
    A hard inquiry occurs when you apply for credit and the lender pulls your credit scores as part of the application process.  Credit reports include records of all hard inquiries for up to 2...
  • Should I Add My Child as an Authorized User on Credit Cards?
    Feb 22, 2016
    If you care about the financial future of your children, then you know how important it is to begin helping them build good credit from an early age.  One of the best and safest ways to do that...
  • Foreclosure and Your FICO Credit Scores
    Feb 04, 2016
    A foreclosure ranks high among the most damaging hits to your credit score. In fact, FICO has stated that foreclosures will typically result in a loss of 85 to 105 points for someone with a 680...
  • Will too much plastic hurt my credit score?
    Jan 18, 2016
    In order to have a great credit score, it's important to have some credit cards in your wallet and a lot of available credit to use. So, will having too much plastic in your pocket hurt...
  • Weekly Tip: Don’t let your credit cards collect dust.
    Jan 04, 2016
    If you have a lot of credit cards, or even just some you use more than others, it’s easy to forget about certain cards. They then end up collecting dust for years. And although you may have...
  • Weekly Tip: Pay back your student loans in a timely manner.
    Dec 28, 2015
    Do you have student loans? If you’re one of the many Americans who was forced to take out loans in order to afford the exorbitant price of college, you might want to consider paying back...
  • Weekly Tip: Look out for key terms in credit card agreements
    Dec 21, 2015
    Can you say that you’ve honestly read your entire credit card agreement? With the number of pages and insanely tiny print, reading through the fine print seems awfully similar to reading the...
  • Weekly Tip: Think about adding annuities to your retirement fund.
    Sep 30, 2015
    A secure retirement requires planning now. Many investors have grown financial assets in the stock market. As retirement approaches, you may want to think about buying an annuity. There are two...
  • Weekly Tip: Alternative Loan Tips for Millennials
    Aug 12, 2015
    As a result of the financial drawback, banks have tightened up their belts regarding how much they are willing to loan to new borrowers. Some will not lend money out at all to unknown borrowers...
  • Weekly Tip: Be proactive about your credit card security.
    Jul 05, 2015
    Identity theft is a huge problem in today’s world. According to the Federal Trade Commission, 9 million Americans fall victim to identity theft every year. This is a huge number, and although...
  • Weekly Tip: Prioritize your debt.
    Jun 22, 2015
    Depending on how much debt you have and how many bills you need to pay, it may be impossible to pay it all off at once. Instead, it is necessary to prioritize the ones that are most in need of being...
  • Weekly Tip: Lower your debts.
    May 15, 2015
    Everyone has gone through moments in life when bills just add up to the point where there's not enough income to pay everything on time. For anyone that is struggling with money as of late,...
  • Weekly Tip: Last-Minute Tax Tips
    Apr 14, 2015
    If you haven’t filed your taxes yet, here are some last minute tips to help you before Tax Day (April 15): Watch for errors: Even though you don’t have a lot of time left, it is...
  • Weekly Tip: Buy local.
    Apr 03, 2015
    Locally owned companies frequently use suppliers and service providers in the area. All of the income is spent by local family members and employees. It's true that chain stores benefit the...
  • Weekly Tip: Think about waiting before collecting Social Security benefits.
    Mar 20, 2015
    Although you may start collecting Social Security retirement benefits as early as age 62, you may not want to. Obviously if you really need to, it is important to start receiving those benefits....
  • Weekly Tip: Find out whether you are affected by the Obamacare Penalty.
    Feb 13, 2015
    Obamacare has been one of the central topics of Obama’s presidency. And now with the healthcare deadline approaching on February 15th, everyone is scrambling to apply and get covered. That...
  • Weekly Tip: Check your credit score before getting Into holiday debt
    Dec 15, 2014
    The holidays are in full swing. With Thanksgiving behind us and Black Friday something of a memory, all of our efforts are placed on Christmas. And now that it is only a matter of weeks away, the...
  • Weekly Tip: Be careful of online scams on Cyber Monday.
    Dec 01, 2014
    Today is Cyber Monday, and that means lots of people will be buying online. And while there might be plenty of good deals, there are also a lot of online scams. So before you buy just anything, it...
  • Weekly Tip: Use coupons to save money when buying.
    Oct 16, 2014
    The average American consumer spends a lot of money at stores. There’s around $150 a week on food. Then there’s pharmacy costs, clothing, entertainment, and everything else. Using...
  • Weekly Tip: Learn about your rights under the Credit Repair Organizations Act.
    Sep 12, 2014
    The Credit Repair Organizations Act, also known as CROA, is a section of the Consumer Credit Protection Act that protects consumers from credit repair scams. Credit repair organizations can be an...
  • Weekly Tip: Think about buying secondhand.
    Aug 29, 2014
    Although you might want something new, do you really need it? Oftentimes, buying secondhand can result in huge savings with little or no difference in quality. Used goods can be hundreds, even...
  • Weekly Tip: Avoid overdraft fees.
    Aug 15, 2014
    Although it may seem obvious to avoid overdraft fees, many people overcharge their credit card and end up paying for it. One time might be okay, but these charges add up fast. And if you are...
  • Weekly Tip: Start teaching your children about money early.
    Aug 08, 2014
    When should you start teaching your children about money? Many parents simply take care of their family finances, but it is important to educate your children about money early on. You don’t...
  • Weekly Tip: Buy generic.
    Aug 01, 2014
    Should you get Advil or the CVS version?   A recent study, from economists at Tilburg University in the Netherlands and the University of Chicago, found that smart people tend to buy...
  • Weekly Tip: Beware of credit repair scams.
    Jul 25, 2014
    If you have bad credit, you probably want to fix it quickly so that you can start getting approved for loans with low interest rates, rent properties, get a credit card, and more. Bad credit can...
  • Weekly Tip: Buy your plane ticket early, but not too early.
    Jul 17, 2014
    When should you book your travel tickets?   If you’re planning a trip, you know how hard this question is to answer. Clearly, you want to buy your airline tickets in advance, so...
  • Weekly Tip: Make budgeting a habit.
    Jul 11, 2014
    Waking up, brushing your teeth, taking a shower - these are all things that you don’t even think about. They have become so ingrained in your head that they are now habits. You automatically...
  • Weekly Tip: Use an app to help you manage your finances.
    Jul 02, 2014
    Although it’s easy to swipe your credit card for everything you need, it is important to monitor your spending habits. And what better way to do that then using your smartphone. In the past...
  • Weekly Tip: Carry only the credit cards you need.
    Jun 20, 2014
    If you have a lot of credit cards, you probably have them in your wallet. It’s easy to keep them all in one safe place, but is it the best place for safekeeping?   Although that...
  • Weekly Tip: Protect your smartphone with a password.
    Jun 10, 2014
    Most people have smartphones these days. And most people have personal information on those smartphones - phone contacts, emails, social media accounts, maybe even credit card numbers... It’...
  • Weekly Tip: Contact your credit card issuer to get a lower interest rate.
    Jun 03, 2014
    Are you sick and tired of having a high interest rate? If you have a good payment history with your credit card issuer, you may just want to call and talk to them. Simply asking for a lower...
  • Weekly Tip: Avoid paying unnecessary ATM fees.
    May 28, 2014
    Today consumers are paying billions of dollars a year unnecessarily to banks in the form of ATM fees. If you want to get cash from a bank that is not affiliated with your bank, chances are both...
  • Weekly Tip: Use a credit card with no foreign transaction fees when traveling overseas.
    May 15, 2014
    Traveling internationally is expensive. Travelers have to pay for costly flight tickets and lodging, plus the food, entertainment, and more once they get overseas. And with the U.S. dollar being...
  • Weekly Tip: Start saving for retirement early.
    May 07, 2014
    Retirement may seem like a lifetime away, so many people assume they can hold off on saving now and make it up later. But it is important to start saving as early as you can. Waiting too long can...