Finance Globe

If you are young and healthy, you probably are not that concerned about medical coverage. However, that doesn’t mean you won’t have an unexpected medical emergency and get you stuck with a huge medical bill. Some medical expenses can be so high they reach over 5 figures. Below are a few helpful tips and ideas. Please feel free to write any questions in the comments section below. Understand what happens when bills go unpaid: After a...

Comparing credit cards is both easier and more difficult than ever before. On the plus side, there are two things working in your favor: •    The large number of credit card offers to compare and choose from •    The ability to gather information online Conversely, a large number of credit card offers can also lead to frustration, as there’s always something else to consider. This can lead to a situation in which you’re afraid to take...

Cash advances are one of the most expensive types of credit card transactions. These transactions come with a higher interest rate and a cash advance fee. With most credit cards, you don't get a grace period to pay off the advance and avoid paying a fee. Most people think of a cash advance as using a credit card to get cash from an ATM. Your credit card issuer may treat other types of cash transactions as cash advances....

Wasting food is money wasted. Follow these simple, environmentally-friendly tips to help reduce food waste and save money Shop smart. While buying in bulk is convenient, it is more likely to lead to food waste. Frequent trips to the grocery store every few days, rather than one bulk shopping trip, can help to avoid buying more food than you need.  Make a shopping list and stick to it. This will help you to buy only what...

When you make frequent online purchases from the same retailers, you might consider saving your credit card information for one-click payments. This lets you check out quickly and easily without having to enter your payment and billing information each time. Storing your credit card details is certainly convenient, but is it safe? Just having a credit card puts you at risk of credit card fraud. The more places you've stored your credit card information, the greater...

Do you have poor credit? Are you struggling to build a credit history? Do you have concerns about ever qualifying for a credit card? Despite your stress, there are things you can do to put yourself on the right path. For example, a secured credit card comes with a variety of benefits: •    Easier to obtain than an unsecured credit card •    Low fee structure •    Refundable deposit (if you meet the terms and conditions) While...

You may think nothing of closing a credit card you no longer want. Maybe you have too many cards or you have one that doesn't pay any rewards. because you have too many cards or that one doesn't pay any good rewards - you may think nothing of simply closing out the card. That way you don't have to deal with it anymore. However, closing a credit card may have some unintended consequences. Potential Impact to...

It's normal for retailers to pitch credit cards to shoppers during checkout. The pitch usually comes with an incentive - like a discount on the initial purchase. More retailers are offering a new payment option for consumers: point-of-sale loans. Customers are offered the loans both in-store and online at checkout. Point-of-sale loans are often offered for big ticket items. With the ease of lending, the loans are also offered for online purchases regardless of price. The...

When buying a home, a variety of financial questions and concerns will move to the forefront. While there are many numbers to keep in mind, 20 percent will come up time after time. This is the magic number when it comes to a minimum down payment. Basic math shows you that this is equivalent to $20,000 down for every $100,000 worth of home. So, if you’re buying a property for $200,000, a $40,000 down payment is...

It’s a common myth that your credit score can keep you from getting a job or promotion. While your current or a prospective employer may check your credit, they’re not checking your credit score. In fact, a credit score may not even be useful to an employer because it doesn’t provide the information they need to make a decision about you. An employer wants to see your credit information, so they receive a modified version of your...