Sometimes, things don’t work out. This applies to work, relationships, and even credit cards. If you have more than one card, there’s a good chance one of them isn’t pulling its weight. Maybe you pay an annual fee that you can’t justify based on the benefits of the card. Or maybe you’re having trouble managing… Read More »
Ideally, it’s best to avoid closing credit card accounts if you can. After all, the length of your credit history has an impact on your credit score. For your FICO® Score, your credit history represents 15% of the three-digit number. I’ve spent the last year or so getting my finances in order, paying off debt,… Read More »
If you think the car is getting expensive, wait until you go to get it insured. Car insurance rates are up nearly 15% in some states over the past year, while national premiums have increased by an average of more than $240 to $2,014 per year, according to comparison website Bankrate. And the rise is… Read More »
When Ram Singhal, a 68-year-old pensioner, received his health insurance policy renewal letter, he didn’t think much of it. But after reading it, he found that his premium had gone up significantly. “My premium jumped 30 percent. I am exploring options on how to manage it,” he said. Health insurance premiums have risen sharply over… Read More »
Traveling the world can be expensive, but you can travel for almost free using the right credit card. Many credit cards offer rewards points or air miles that can be redeemed for free flights or hotel stays. By choosing the right credit card with a lucrative loyalty program and strategically managing your spending, you can… Read More »
Hands down, the easiest way to build your credit score is to borrow money on a credit card, pay your balance on time, and never let debt become too much for you to handle. But if credit cards aren’t an option — or you really don’t like them — don’t worry: There are other ways… Read More »
Traveling can be stressful, especially when it comes to busy airports. Long lines, crowded terminals and delayed flights can leave even the most experienced travelers feeling overwhelmed. With five of the world’s busiest airports located in the United States, it’s important to have a plan to beat the crowds. Here are some tips to make… Read More »
Key point If you’re thinking about canceling your credit card, you may want to ask your card issuer for a retention quote first. Sometimes, credit card companies provide retention offers as an incentive to retain customers. One writer related what happened when he asked for such an offer. I’m a big fan of rewards credit… Read More »
Key point Credit card points can lose value if you don’t use them, as redemption options may change. If your credit card is closed for any reason, you can lose all unused points. To avoid hanging on to credit card rewards for too long, plan how you want to use them and give yourself a… Read More »
A life insurance policy is a long-term financial contract that can provide financial security and protection for your family in the event of your death. This is an important part of financial planning for many people. However, sometimes a life insurance policy may no longer be needed or required. In such a case, one may… Read More »