Why You Should Follow the IRS on Social Media

The Internal Revenue Service just wants to be like everyone else – accessible on Facebook or Twitter, available to chat with you about whatever’s on your mind. The IRS has jumped into the social media scene in an effort to make tax time as painless for you as possible. The agency wants to be your friend and offers many solid reasons why you should accept the invitation.   Advantages of Following... Continue reading

What to Expect When Transferring a Credit Card Balance

If you’re like many Americans, you’ve probably received a credit card offer in the mail and thought, “Sure, why not?” The interest rate might be exorbitant, but you figure you’ll use the card only sparingly. The next thing you know, you’re pushing up against your credit limit and paying a king’s ransom in interest.  A credit card balance transfer moves the amount you owe one lender to a new card... Continue reading

How Once-Weekly Meal Prep Saves on Groceries

The average American spends $1,200 a year on fast food, as reported by the Daily Mail. That may not sound like a big chunk of your annual budget, but it’s $4,800 for a family of four – more than enough to fund a vacation instead of wolfing down food that’s not even particularly good for you. Cooking meals at home is far cheaper once you get organized and make the time. Continue reading

Should You Ever Cancel a Credit Card?

You may want to simplify your financial life by closing some of your accounts if you've built up a collection of credit cards. Keeping a credit card open, even if you don't use it, will usually positively impact your credit score. However, in some circumstances, you may have a good reason to cancel a card to help your credit score or your financial peace of mind.   Benefits of Keep Cards Keeping... Continue reading

How Credit Card Balance Transfers Work

If you're tired of paying extremely high interest rates on your credit card balance, a balance transfer might be for you. You might even qualify for a special low introductory rate if you have a good credit score. Even if your credit isn't perfect, you might still be able to get a lower interest rate than the rate charged by your current card.   Balance Transfer Mechanics To initiate a balance... Continue reading

Pricey Bills You Can Lower by Just Calling

Date: September 13, 2016 When it comes to paying bills, many consumers simply pay the rates required by service providers and other merchants with an “it is what it is” mentality. Less than half of them even bother to attempt a little negotiating, according to Consumer Reports, but those who do are often successful because it costs businesses much more to get a new customer than to keep an... Continue reading
When Balance Transfers Are a Good Option

When Balance Transfers Are a Good Option

To transfer or not to transfer: that is the question. It can be expensive to carry credit card debt, so when you're offered a new card with zero percent interest on transferred balances, it can look like the perfect solution to your short-term goals. The wisdom of the transfer depends on other terms of the credit card agreement and these are often found in the fine print.   Look Before You Leap... Continue reading

Why Credit Card Debt Isn't Necessarily Bad Debt

September 29, 2016 If there's one thing people love, it's their credit cards. A 2015 survey conducted by Harris Poll and NerdWallet showed that the average U.S. household carries $15,355 in credit card debt. Certainly, going into debt for shoes and the latest electronic gadgets can't be good for your household finances, but there are times when having some credit card debt may be better than... Continue reading

Ways to Better Organize Your Bills

Keeping track of bills can be stressful, but developing a system to pay them on time at least ensures that you won't be hit with late fees and penalties. Here are some tips for a better payment experience to streamline your finances. Continue reading