Finance Globe Blog

U.S. financial and economic topics from several finance writers.

Debit Cards vs. Credit Cards

credit-cards-wallet-251
This might be common knowledge to many, but there are people who have asked me what the differences are in debit cards and credit cards. Also if you want to teach your kids, below can be a reference guide to discuss the differences between a debit card and a credit card. Debit cards look and feel similar to credit cards . They are issued by major banks, such as Bank of America and Wells Fargo,...
Continue reading
  69 Hits
  1 Comment
Recent comment in this post
Wanderer
As an addition to the difference between Debit Cards and Credit Cards is the liabilities in case of loss, identity theft and so on... Read More
Friday, 03 August 2018 05:09
69 Hits
1 Comment

How to Avoid a Credit Card Late Fee

debit-or-credit1
Do you often worry about paying your credit card after the due date? Are you concerned about the impact it will have on your finances, including a late fee and red mark on your credit report? Since these are legitimate concerns, it’s time to strongly consider the many strategies you can employ to avoid late payments. Here are three to consider: 1. Conduct Regular Account Reviews As the month wears on, you should regularly review...
Continue reading
  99 Hits
  0 Comments
99 Hits
0 Comments

Tips for Traveling on a Budget

travel-on-a-budget
More often than not, I find myself dreaming of vacation. Booking an incredible vacation doesn't have to cost a fortune. Here are some tips for how to travel on a budget. In order to find the most affordable flights, you will need to be flexible about your travel. Plan trips in the off-season. Not only will you find better deals for travel, but you'll experience fewer crowds. Visiting Tokyo, Japan during cherry blossom season sounds...
Continue reading
  126 Hits
  0 Comments
126 Hits
0 Comments

How to Get a Lower Rate on Your Current Credit Card

credit-card-sliced
Have you come to find that the interest rate attached to your current credit card is entirely too high? Do you enjoy everything else about your credit card? If you answered yes to both of these questions, you may want to contact your credit card company to see if there is anything they can do to help. By help, we mean one thing: lowering your interest rate. There is no guarantee that your credit card...
Continue reading
  103 Hits
  1 Comment
Recent comment in this post
Frank
definitely recommend to get the phone and call. This has worked for me dozens of times.
Thursday, 19 July 2018 15:51
103 Hits
1 Comment

5 Easy Ways to Protect Your Finances

rules-money-management1
Remember the saying, “An ounce of prevention is worth a pound of cure”? That goes for your finances too. Whether you have a little money or a lot of it, taking steps to safeguard your finances is important for your future. Here are five easy ways to protect your finances. Choose FDIC-insured banks. The Federal Deposit Insurance Corporation, or FDIC, is a government agency that ensures your bank deposits won't be lost in the event...
Continue reading
  110 Hits
  1 Comment
Recent comment in this post
Frank
I would add credit monitoring as well. This helps you in case of fraudulent activity.
Wednesday, 18 July 2018 11:56
110 Hits
1 Comment

Simple Ways to Save Money on Groceries

grocery-shopping-reading-label
Do you often walk away from the checkout line at the grocery store and wonder what happened? Do you immediately begin to think about the steps you could have taken to save money? In today’s day and age, with grocery prices on the rise, it’s more difficult than ever before to stay within your budget. Fortunately, you can make some basic changes to your strategy in order to save money and feel better about every...
Continue reading
  181 Hits
  1 Comment
Recent comment in this post
Frank
I spend roughly $100 a week for 2 people. We try to buy generic when we can, but vegetables/fruits add up so its hard to decrease ... Read More
Wednesday, 18 July 2018 11:48
181 Hits
1 Comment

Are Co-Branded Credit Cards Worth It?

credit-card-cash1
Some of your favorite brands and retailers offer co-branded credit cards. These are credit cards that are partnered with a major retailer in addition to the bank who issues the credit card. Co-branded credit cards are similar to closed-loop store credit cards in that you can earn more rewards for shopping with that brand of store. But, co-branded credit cards are partnered with a major credit card processing network - American Express, Discover, MasterCard, or...
Continue reading
  302 Hits
  1 Comment
Recent comment in this post
Frank
I sue target/visa credit card a lot because I spend a lot of money there. Otherwise I don't like co-branded credit cards.
Friday, 29 June 2018 11:20
302 Hits
1 Comment

5 Reasons Your Credit Card Was Declined

gold-credit-card-holding-hand
Having your credit card declined is both embarrassing and inconvenience. It’s not always necessarily your fault - sometimes there’s a problem on the credit card issuer’s end. Even the merchant may have technical issues that can cause your credit card to be declined. Before you panic, here are some reasons that explain why your credit card could be declined. You don’t have enough available credit . Some credit card issuers will allow you to exceed...
Continue reading
  227 Hits
  1 Comment
Recent comment in this post
Frank
I always recommend to call the credit card and they should be able to give you a reason on why you were denied.
Friday, 29 June 2018 11:18
227 Hits
1 Comment

Rising Gas Prices: A Credit Card Can Reduce the Pain at the Pump

gas-pumps-paying-credit-card
In the past several weeks, you’ve probably noticed your gas prices creeping higher and higher each time you visit the gas pump. You’re especially feeling the pinch if you have an SUV or a vehicle that requires premium gas. Crude oil prices are at the highest level in more than three years, which means increasing gas prices may not slow down any time soon. Choosing the right credit card can help you alleviate some of...
Continue reading
  151 Hits
  1 Comment
Recent comment in this post
Frank
Gas credit cards should have at a minimum of 5% cash back/rebate. I have even seen some for 10% back.
Friday, 29 June 2018 11:15
151 Hits
1 Comment

Don’t Make Any of These Credit Card Mistakes

contact-credit-card-company1
Carrying a credit card is a big responsibility, as there are a variety of potential mistakes lurking around every corner. Knowledge of these mistakes can go a long way in helping you avoid trouble, thus getting more out of your credit card and the many features it offers. Here are six credit card mistakes to avoid at all costs: •    Spending more than you can comfortably afford to pay back when your next bill comes...
Continue reading
  190 Hits
  1 Comment
Recent comment in this post
Frank
I would add if you aren't paying off your credit card in full every month, then you are not using your credit card correctly.... Read More
Friday, 29 June 2018 11:13
190 Hits
1 Comment