I am a big fan of rewards credit cards, especially the ones that offer bonus categories that give up to 5% back on purchases. But if you have several of these credit cards, how do you keep up with all various bonus categories that typically change on a quarterly basis? Here’s the solution I have [...]
|
||||||
|
Many of us have them: unused credit cards that we opened for whatever reason that we don’t use anymore and just have stuffed in a sock drawer or a desk. We may keep them because we think it will hurt our credit scores to cancel them, or for emergencies, or just because we are too [...] For all you fine folks out there who play by the rules and are waiting for your bailout, here it is. The U.S. Mint has been trying for years to promote the usage of dollar coins, and you can profit from their latest program to get more of these coins into circulation. Here is the write-up from [...] Imagine owing $360 on a credit card with an $8,600 limit, only to have the limit cut to $300 and then be assessed a $35 over-the-limit fee. That’s what happened to Paul Pensabene of Saratoga Springs, N.Y., according to this article from SmartMoney.com. Thankfully for Paul he was able to get the fee waived and [...] I posted a couple of weeks ago about my fear of the devaluation of points in Citi’s Thank You rewards program, and that I had cashed out most of my points for the mortgage payment reward. At least as of now, the mortgage payment reward is $0.007987 per point, or 93,900 points for a $750 reward. [...] I got myself into a mini-debate over on SlickDeals a while back about people who write checks at retail stores. I’m not a terribly patient person anyway, so retail check writers annoy me to no end. It takes much longer to write out a check than it does to swipe a card or even count out [...] Frequent readers of my blog know that I am an accountant (note: I don’t offer accounting or investing advice; please consult your own accountant and/or financial advisor). In the corporate accounting world, one of the hot topics is discussion of counterparty risk, which is basically the risk that the people you do business with will [...] Here’s a gem for you, courtesy of USAToday.com: apparently Chase is assessing new fees and raising minimum payments on credit card customers who are floating balances under promotional fixed rates. In the latest fee rolled out by a bank, JPMorgan Chase, the nation’s largest card issuer, has begun charging hundreds of thousands of borrowers a [...] There was an interesting series of tips over on CNNMoney entitled Get a Financial Life. It lays out a series of tips to get your financial house in order in 7 short weeks, with one task per week. Here are their tips, and my thoughts on them. Talk about your goals with your partner. If [...] Here is a cautionary tale from our friend at Debt to Dreams. Our friend was apparently playing the credit card arbitrage game, which is where you take a no/low fee balance transfer at 0% on your credit card and put the money in an insured savings account to earn interest. It is a great game [...] |
||||||
|
Copyright © 2013 Frugal living tips @ CheapEncounters.com - All Rights Reserved |
||||||