Finance Globe

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

Buying a New Car? Questions for the Finance Manager

test-drive1
If you find yourself in the market for a new car, it won’t be long before you’re sitting face to face with the finance manager (unless you’re paying with cash, of course).Reaching this point means you have found your next vehicle and are ready to finalize the purchase.As you make your way through the process, here are some of the more important questions to ask:•    What is the total amount financed? While the monthly payment is...
Continue reading
  1797 Hits
  2 Comments
Recent Comments
Pinky
We bought a new Chevy in 2004. We opted for the diesel Cruz for the mileage benefits but wondered about maintenance and repair of... Read More
Saturday, 22 July 2017 15:47
Frank
When I purchased my car, I used a 3rd party finance loan as I got a much better deal. I knew the rates prior to going in.
Wednesday, 20 December 2017 17:19
1797 Hits
2 Comments

Why Are You Overspending On Your Credit Card?

credit-card-store-sad1
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 your credit card:•   ...
Continue reading
  1387 Hits
  1 Comment
Recent comment in this post
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
1387 Hits
1 Comment

College Students Should Use a Credit Card for These Expenses

first-credit-card
Some parents are okay with the idea of their college student carrying a credit card. Other parents are against this idea, as they are unsure of if their child is responsible enough to use this financial tool in the appropriate manner.Since most college students are over the age of 18, they have the opportunity to personally decide if they need a credit card or one designed for students.If you’re a student going down this path or...
Continue reading
  1381 Hits
  1 Comment
Recent comment in this post
Frank
If college kids can understand how to use a credit card at a young age, it will set them apart later in life and will provide lots... Read More
Thursday, 26 October 2017 09:30
1381 Hits
1 Comment

From the Corporate World to Self-Employed: Tips for Starting a Business

starting-a-small-business
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 with the highs...
Continue reading
  1846 Hits
  2 Comments
Recent Comments
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
1846 Hits
2 Comments

3 Benefits of a Second Income Stream

save-100-or-more
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 you fall...
Continue reading
  1471 Hits
  1 Comment
Recent comment in this post
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
1471 Hits
1 Comment

How to Maximize Your Gas Credit Card Rewards

gas-pumps-paying-credit-card
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 specific...
Continue reading
  1437 Hits
  1 Comment
Recent comment in this post
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
1437 Hits
1 Comment

Top Financial Questions for First Time Homebuyers

taking-on-mortgage-payments
As a first time homebuyer, it’s only natural to put a lot of time and effort into finding the perfect property. However, you can’t make a confident decision until you have answered all the most important questions as they relate to your finances.Here are some of the many financial questions that first time homebuyers need to address:•    What is your budget? Simply put, you need to know how much you are comfortable spending. Without this number...
Continue reading
  1503 Hits
  1 Comment
Recent comment in this post
Frank
One thing I found helpful was asking these questions with my realtor. He also had a financial background so he was able to help me... Read More
Tuesday, 26 September 2017 19:27
1503 Hits
1 Comment

4 of the Biggest Balance Transfer Mistakes

manage-multiple-credit-cards
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 limits, but...
Continue reading
  1461 Hits
  0 Comments
1461 Hits
0 Comments

How to Avoid Becoming a Victim of Credit Card Fraud

credit-card-fraud-768
Credit card fraud remains a major problem in the United States, with the potential for losses to exceed $12 billion by 2020.This isn’t meant to scare you, but to instead help you avoid becoming a victim in the future.The Federal Trade Commission has this to say about credit card fraud:“Credit card fraud takes place every day in a variety of ways. You can’t always prevent it from happening, but you can create some obstacles and make...
Continue reading
  1466 Hits
  1 Comment
Recent comment in this post
Frank
You will never be 100% secure unless you are completely off the grid. I recommend having credit monitoring service and as ChrisB m... Read More
Tuesday, 26 September 2017 19:22
1466 Hits
1 Comment

Things to Expect from a Small Business Credit Card

business-credit-card1
As a small business owner, there may come a time when you realize that using a credit card could bring a variety of benefits to your company.From the flexibility to the convenience, there are many reasons to turn to this method of payment as often as possible.Of course, you can’t make this transition until you find and secure the right small business credit card.As you go through the search process, here are some of the things...
Continue reading
  1224 Hits
  0 Comments
1224 Hits
0 Comments