Finance Globe

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

Shopping for a Credit Card When You Have Excellent Credit

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When you have an excellent credit score, the credit card world is your proverbial oyster. Not only do you have more credit card options, the options available to you include top-tier rewards credit cards. Your payment habits and impeccable credit management have earned a great credit score, make sure you choose a credit card that will help you maintain it. You’ll receive more credit card offers. Because you’re a person who can be trusted to repay...
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Frank
The amount of junk mail for new credit cards is insane! as mentioned above, be careful in selecting your new credit card.
Wednesday, 20 December 2017 17:24
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5 Tips for Putting Your Vacation on Your Travel Credit Card

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A travel credit card, with all its available credit, seems like a great way to fund your vacation. You get to have a great time in a new place and postpone the burden of paying for it. Using your credit card for your vacation can be beneficial, just make sure it doesn’t even up costing you more in the long run. Use a travel credit card that will earn rewards. Large-ticket items like vacations are a...
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Frank
Always Always pay off your credit card each month! If you can't afford the vacation, save up before you spend the money on your cr... Read More
Wednesday, 20 December 2017 17:23
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Why Are You Overspending On Your Credit Card?

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Carrying a credit card is a great responsibility. If you’re not careful, it’s easy to overspend and regret it at some point in the near future. By understanding why you have overspent on your credit card in the past, you can avoid a similar situation down the road. Even if you‘ve never found yourself in this position, you can still learn from the mistakes that others have made. Here is why you may be overspending on...
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Frank
My wife ran into this problem many times before I met her. She did not fully understand the concept of credit cards and it took he... Read More
Thursday, 26 October 2017 09:29
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From the Corporate World to Self-Employed: Tips for Starting a Business

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Did you know that approximately 15 million Americans are self-employed? If you’re currently working in the corporate world but hope to join the ranks of the self-employed in the near future, it’s important to implement a plan that will allow for an efficient transition. Starting a business can be one of the most exciting things you ever do. Conversely, it can also bring quite a bit of stress into your life. Are you ready to deal...
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Pinky
This person has obviously done the deed moving from corporate America to self-employment. They bring valid points that you should... Read More
Wednesday, 19 July 2017 20:49
Frank
Very helpful article. I would also advise to try part-time self employment first, just to make sure you can handle the stresses an... Read More
Wednesday, 20 December 2017 17:11
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3 Benefits of a Second Income Stream

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If the income from your job isn’t cutting it or you’re looking for way to get ahead financially, adding a second income stream may be a solution. A second income stream, it’s from a second job, a money-making hobby, or a side business, can benefit you in more ways than one. It’s easier to afford your living expenses. More than 50% of Americans are spending at or above their income on living expenses, reports CNN. If...
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Frank
My wife and I both have a few "side hustles", and this is the only way we can save. If we didn't, we would be living paycheck to p... Read More
Thursday, 26 October 2017 09:28
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How to Maximize Your Gas Credit Card Rewards

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Gas rewards credit cards can help you cut your transportation cost – a benefit you’ll especially enjoy if you have a long commute to work or you take frequent road trips. If you have a gas credit card or you’re considering getting one, here are some ways to maximize the rewards you earn on your card. Choose a branded gas credit card. Some gas credit cards are closed-loop, meaning they can only be used at a...
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Frank
latoyairby, do you think it is worth getting a specific gas credit card, something like a Shell credit card?
Thursday, 26 October 2017 09:27
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4 of the Biggest Balance Transfer Mistakes

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Taking advantage of a 0% APR promotional balance transfer offer can save you a lot of money on credit card interest. If you’re considering a balance transfer, make sure you avoid these huge mistakes. Trying to transfer balances with the same credit card issuer. Credit card issuers typically won’t let you transfer a balance from another credit card you have with them. Some credit cards may allow you to merge two accounts, combining balances and credit...
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5 Credit Card Transactions That Cost the Most

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When you use a credit card, you’re technically borrowing money from your credit card issuer. And, as with most types of loans, your credit card issuer will look for ways to make a profit from what you’ve borrowed. If you want to minimize the amount of money you pay to your credit card issuer, avoid the most expensive types of credit card transactions. Cash advances When you use your credit card to withdraw cash from an...
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Frank
I don't think I have ever taken a cash advance from my CC. The fees were always 3% plus $10. Never seemed worth it to me.
Monday, 25 September 2017 17:45
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What to Do If You Trigger Your Credit Card's Penalty Rate

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A credit card’s interest rate is one of the most important features, particularly for cardholders who carry a balance on their credit cards. Having a low interest rate means minimizes the cost of paying off a credit card balance over time. But, don’t take your interest rate for granted. If you’re not careful to make your payments on time each month, you could trigger your credit card’s penalty rate. What is the Penalty Rate? The penalty...
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Frank
I would also add: Call the credit card company and explain them your situation. Sometimes they can work with you and offer you an ... Read More
Monday, 25 September 2017 17:43
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4 Credit Card Features to Research Before You Apply

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Several of the latest credit cards boast a cutting-edge, sleek design that's far more attractive than plain old plastic. Cardholders would feel a rush of prestige to hand a metallic card to a waitress or whip it out in front of a line of customers. But, no matter how impressive a credit card is designed, you should never pick a credit card based on looks alone. Researching the most important features of whatever credit card you're considering is essential to making sure...
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Frank
When I pick out CCs, I usually focus on the rewards and don't care too much about the APRs given I am going to pay off my bill eve... Read More
Monday, 25 September 2017 17:41
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