Finance Globe

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...

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...

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...

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...

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...

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...

It is no secret that tens of millions of Americans struggle with credit card debt. If you’re one of these people, it’s time to formulate a plan for escaping debt as quickly as possible. If you’ve avoided this in the past, it would be in your best interest to stay on this path in the future. Doing so means many things, such as knowing the top causes of credit card debt. Here are some of the...

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...

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...

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...