There are so many different kinds of credit cards available right now it’s nuts. There are credit cards for people with bad credit. There are credit cards that offer a percentage cash back for each dollar you charge to them. Other cards that lets you rack up airline miles towards free travel.
This brings up a couple questions most people have. How many credit cards should I have? How many credit cards are too many?
Shopping and how we buy products have changed immensely in a few short years. The internet has enabled buying just about anything we can imagine with a few clicks of the mouse or swipes on our phones. There are now over 100 million Amazon Prime members who happily pay $119 a year simply so they can get their purchases shipped free and in their hands in two days.
Whether you choose to do your shopping online or in traditional retail stores, there are pros and cons to both. Here are some insights to both options and how you can use their advantages to save some money.
A high credit score is more than a number to impress your golfing buddies or people at your office Christmas party. While you can brag about having an 800+ credit score to show off your financial acuity, a good credit rating does have a practical purpose.
Lenders use your credit score to determine how responsible you are with money and whether you will pay your bills on time. An outstanding score means you can get the lowest interest rates on credit cards, auto loans, mortgages, or business loans. It could even get you better rates on your car insurance.
Heating water is the second-largest energy expense in a household, accounting for almost 18% of your total energy bill behind space heating. These costs add up quickly, with the average household spending between $400-$600 a year on water heating.
If opening your monthly electric or gas bill sends a chill down your spine worst than a cold shower in the middle of winter, here are some simple tweaks and some changes in your usage habits that could result in some substantial money savings on your water heating costs.
If you are looking for the best way to save the most money for retirement, you need to take advantage of all the different types of accounts that are available. Unless your earnings are high enough to where you can max out every account, you need to prioritize.
Here is the best order of contributions or optimal order of priority to save for retirement. Use these steps to maximize your tax-free and tax-deferred contributions.
Last week I stopped into Aldi and found a couple things on special, with one being whole milk for 79 cents a gallon. That’s not a typo. $0.79 as in less than a dollar for a whole gallon! So bought three extra gallons and ended up with double the amount of milk we normally drank. What to do with all that extra milk before it spoils? Freeze it, of course.
Just like how you can freeze meats, vegetables, and prepared foods so they’d last longer before spoiling, it is perfectly safe to freeze milk so it doesn’t go bad before you can use it. Here’s how.
On October 1, Charles Schwab announced that they were reducing their online trading commissions for U.S. and Canadian-listed stocks, options, and ETFs to $0, effective October 7. That’s zero dollars, as in completely free. Schwab previously charged commissions of $4.95 per trade before this announcement. In rapid succession, other major brokerage firms announced they too will be eliminating trading commissions.
Eliminating trading fees may have cost the major discount brokers each hundreds of millions of dollars a year in revenue, this is actually great news for the individual investor. Here is a list of online brokers who’ve dropped trading fees, and find out how this is possible.
Popular in Europe and Japan, a tankless or on-demand water heater is exactly what it sounds like. Instead of a giant storage tank holding 30 to 80 gallons of hot water, a tankless water heater circulates cold water through a series of coils called a heat exchanger where the cold water is heated by electric elements or gas burners on demand.
Whether you are looking to replace your current traditional water heater or putting in a tankless water heater in a newly constructed home, here are some myths, advantages, and disadvantages between the two different types of water heaters to get the most value for your money.
In a January 2019 survey, Bankrate found that 60% of Americans were unable to pay an unexpected $1,000 expense. That is a lot of people who are living paycheck to paycheck and barely saving any money. The survey also revealed that 77% of respondents said that either they or an immediate family member had to deal with a financial emergency in the last year that was $1,000 or more, with 36% of those facing a bill greater than $5,000.
This brings up a couple questions. How can one increase their savings? What can we do when 1 in 5 working Americans aren’t saving any money at all?
How many times have you been to the grocery store and after getting everything in your cart scanned, was surprised by the total price displayed on the checkout screen?
There are many ways you can save money when it comes to food. You can use coupons, phone apps, meal planning, online ordering, sales, and more. Here are some simple tips to save money on food no matter how big or small your food budget.