Credit Card Companies Are Bending The Rules
Filed under: Banks, Credit, Fees, Finance, Interest Rates, Spending
According to this Wall Street Journal Article Beware That New Credit-Card Offer the credit card companies are pushing cards that don’t have all the protections that the Card Act or Credit Card Accountability and Responsibility and Disclosure Act of 2009 gave consumers. Of course the companies claim they aren’t offering business cards to individuals but why believe them. They’ve shown how they feel about their customers in the past.
You really should read the entire article and pay attention to the offer you apply for.
Your life style can hurt your credit!!!
Filed under: Banks, Credit, FICO, Interest Rates, Spending, Wal-Mart
According to an article on Money central, the credit card companies are using all kinds of info that they’ve collected about you to lower your credit limit and since lower limits mean higher utilization and lower credit scores, where you shop can lower your credit score. There’s several other factors that they use that should anger business owners, state officials and every person who uses credit. Here’s a few
What you buy
Where you shop
If people who were victims of the subprime loan mess happen to shop there
If you live in a state hit hard by foreclosures, such as Florida, Nevada and California
Would these last 2 mean that shopping at Wal-Mart in Florida, Nevada or California would lower your credit limit since they are the largest retail store and most likely subprime borrowers shop there?
The full article is here. Can your lifestyle hurt your credit?
I just read this article on Yahoo and the thing that interested me the most was the part about people feeling a sinking feeling when they see how long it’ll take to pay off their balance. It’s not like everyone hasn’t heard that it’ll take forever to pay off a balance by paying minimum payments, so either the people who will get the shock, weren’t paying attention or were in denial.
The article also covered ways that the law backfired like:
Dave Ramsey Love and Money
Filed under: Credit, Dave Ramsey, Education, Finance, Saving, Spending
This is a great episode. I hope you enjoy it.
Start Late, Finish Rich
Filed under: Books, Education, Finance, Money, Saving, Spending
Tis the season for resolutions.
A lot of people will make the resolution to read more and learn to take control of their finances.
Here is a good book that I recently finished and it fits 2 of my requirements for a good book. It was easy to read and contained some really good information.
Wal-Mart and creative math
According to an article that MSN had The Price Of Wal-Mart Coming To Town, Wal-Mart has an interesting way of doing math. They promise an increase of taxes and jobs but none of the supporters that I’ve read subtract the local jobs that have been lost. It’s like they are using a broken calculator. It was probably made in China.
Update on Cigarettes
Recently I posted that I had found an unbelievable site for cigarettes titled Saving Money On Cigarettes and realized I didn’t give an update on the order.
If you read it, you probably had the same thoughts that I did.
Google & Ask Search Results With A Little Extra
I just ran across Swag Bucks which is a search engine that you can win prizes by searching. When I found the site, I thought this is all well and good IF the results are decent. Needless to say I was happy when I noticed the results come from Google and Ask. So I get the same search results as usual but I get to win gift cards and other prizes by doing what I usually do.
It’s pretty much a no brainer.
Saving Money On Cigarettes
Yes I admit it, I smoke and with the price of cigarettes going up I started looking for a cheaper place to buy quality smokes. Today I found K2 Smokes.
As of today these are some of the carton prices that impressed me.
Dunhill Full Flavor $8.99
Dunhill Menthol Lights $8.99
Marlboro Lights (US Version) $21.99 or 19.99 With Auto Ship
Capri Light Superslim (US Version) $6.99
The only catch is you have to order 2 or more cartons at a time but the shipping is the same price for 2 or 3 cartons which is $9.90. And it takes a little planning to allow for the delivery which may take about 3 weeks.
I think I can live with planning ahead to smoke Dunhills.
Discount Magazines at Amazon
During the month of March you can get a 2 year subscription to some great magazines and receive a $5 or $10 gift card for a future purchase at Amazon.
There’s 56 magazines that have a $10 bonus and 105 magazines with a $5 bonus.
Magazines with $10 Gift Cards
Some of the listed include
- GQ
- Smart Money
- Maximum PC
- Self
- Forbes
- Golf
- Sports Illustrated
- And a lot more.
NAKED RETIREMENT
Naked Retirement strips down the old traditional models of retirement planning and replaces the it with a more creative and intuitive one that helps people take control of their retirement planning, saving, and investing.
The book details the evolution of retirement and uses it to help baby boomers and retirees understand why they are behind in saving and what they can do about it.
"Retirement planning can no longer be one-dimensional, focused exclusively on merely providing information such as how pensions or a 401(k)’s work. It needs to extend beyond financial planning to include aspects of health and social issues that will impact future retirees," according to author, Robert Laura.
Billed as the ultimate defense against the scary, anxious, and stressful feelings people get on their first day of retirement when they have only a financial plan full of numbers and charts to guide them, Laura simplifies the mental and emotional aspects of retirement planning with thought-provoking questions about your definition and approach to retirement as well as important retirement conversations that foster strong relationships in retirement.
The book culminates into a one-page Naked Retirement plan that will help people as well as planners successfully estimate retirement preparedness and future success.
Book is available at NakedRetirement.com and is emailed in pdf format directly to participants.