Did you splurge a little or a little too much for the Holidays? Did you set a limit this year, and if so, did you spend above it? In the coming weeks, the news will be filled with statistics about whether holiday spending was up or down this year and how retailers were affected. But […]
Tag Archives: Credit Cards
People buy a lot of things that they don’t need, and in some cases don’t even want, and they often buy them with credit. It’s interesting that people who use cash spend less on average than people using debit or credit cards. Apparently we’re less likely to buy when we see the money that we’re […]
There is a lot of interest right now in reducing debt, and that’s a good thing. And there are several debt reduction approaches that have proven successful for many people. We can focus on paying the smallest debt, the largest debt, or the debt with the highest interest rate. Or we can use debt consolidation […]
We’re often surprised by our credit card statements, and not just because of how much we’re charging. The balance amount always seems to be a number that we wouldn’t have guessed, and some purchases that we expect to see aren’t on the statement, and some that we don’t expect to see are listed. This is […]
There are several debt reduction approaches that have proven successful for many people. We can concentrate or focus on paying the smallest debt, the largest debt, or the debt with the highest interest rate. Or we can use debt consolidation and simplify the situation with a single bill each month. To compare the methods, let’s […]
There are several debt reduction approaches that have proven successful for many people. We can concentrate or focus on paying the smallest debt, the largest debt, or the debt with the highest interest rate. Or we can use debt consolidation and simplify the situation with a single bill each month. To compare the methods, let’s assume […]
Since credit allows us to stretch out the cost of an item with payments over a period of time, this makes purchases on credit seem more affordable. Maybe I can’t afford $650.00 today, but I think that I can afford $65.00 a month for ten months, and so I buy the item using credit. I […]
We’re often surprised by our credit card statements, and not just because of how much we’re charging. The balance amount always seems to be a number that we wouldn’t have guessed, and some purchases that we expect to see aren’t on the statement, and some that we don’t expect to see are listed. This is […]
People buy a lot of things that they don’t need, and in some cases don’t even want, and they often buy them with credit. It’s interesting that people who use cash spend less on average than people using debit or credit cards. Apparently we’re less likely to buy when we see the money that we’re spending, […]
Personal Finance Simply Understood 