paying minimum payments on everything but the little one. You throw all you’ve got at that smallest balance until it’s gone. When it’s paid in full, take the amount you were paying on it and throw it at the next-smallest debt. Remember: The more you pay off, the more money you...
I used to be guilty of having a scarcity mindset. At one time, I was so defensive financially that I missed out on several opportunities to make a lot of money. Unfortunately, my money mindset was so focused on not spending money that it ended up costing me money and opportunity in the...
Her main tip for anyone considering getting a student credit card is to make sure you never put yourself in the position of spending more than you can pay back in full when the next statement arrives. That means treating a credit card like a debit card — any money being put on the ...
In 2009, Jennifer Freitas walked into a bank to secure a loan for her clean beauty business. She was only 29 at the time but was in a better financial position than most of her peers: no debt and enough money in her account to guarantee the loan. Still, she was denied. A second ba...
(no case) or an iPhone 12 or newer with a MagSafe, MagSafe wallets in this post have a strong enough magnet, MagSafe compatible wallet that attaches firmly to your iPhone, Secrid Miniwallet Quick Card Access with Vintage Good Looks, Ekster AirTag Cardholder Slim Design, Easy Access, Trackable...
Budgeting for teens can be a helpful way to develop responsible money habits and plan for the future. Learn some tips on how your teen can budget their money.
You can also use your debit card to request cash back when you run your weekly errands, or make other planned purchases, so you never find yourself without cash on hand and can avoid ATM fees. “Thanks to many stores being flexible in accepting cards for even small-dollar transactions, I...
Banks used to be in the business of gathering deposits and making loans. Today, they are in the business of gathering fees and making trades. Being an American banker today means living under the thumb of regulators who demand that you lend money at extr
A credit card lets you borrow money, but a debit card is connected to the checking or savings account where you have cash. Your debit card allows you to access the money you have in your bank account so you can buy things without physically carrying cash around. The bank withdraws funds...
Money Market Accounts We can't write about the money market without devoting a little time tomoney market accounts. These are deposit accounts, just like checking and traditional savings accounts that are insured by theFederal Deposit Insurance Corporation (FDIC), and are different from money market...