Credit Cards

Are you taking full advantage of your credit card?

April 17, 2014

Credit cards can be the frenemy of consumers.  They can be your best friend if you use them wisely but they can also be your worst enemy if you aren’t financially responsible.  Using your credit card for smart purchases every month and paying it off in full saves money on interest payments.  It also helps […]

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Do you need to switch credit cards?

April 2, 2014

    Good morning Dinks.  It’s that time of the year again: Spring Fever.  Everywhere, people are cleaning out their homes, getting rid of unwanted items and making positive changes in their lives.  For some people this includes making changes to their finances.  Being financially responsible includes saving money for your goals, living on a […]

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Use Credit Cards To Juice Your Investment Savings

November 4, 2013

Hi All, Credit cards can either be used as means of payment, or they can be a method of finance. While credit cards are a secure and convenient way to pay for everyday items, their high interest rates and tough terms make them a terrible way to finance purchases. Simply put, those who carry a […]

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Personal Finance That Works

August 27, 2013

Folks, It’s good to periodically review the personal finance basics. These aren’t earth shattering, but they do help you get ahead. 1. Live below your means. The principle behind this is simple. If you earn 1,000 bucks per month, but you spend 1,100, then you’re running into trouble.  But on the other hand, if you […]

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It’s OK to use your credit card and NOT feel guilty

August 15, 2013

Good morning Dinks.  I know that everyday some of us experience the same money dilemma – should I or shouldn’t I use my credit card for my purchases.  There are several benefits to using your credit card for every purchase such as collecting rewards point and earning cash back.  However there are also downsides to […]

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Do you always keep your debit and credit cards safe?

April 22, 2013

Good morning Dinks.  Yesterday something happened to me and it was just so out of the ordinary that I have to share.  Yesterday I went out for lunch with one of my co-workers and when we were paying for our lunch she didn’t pull out her wallet she just pulled her debit card out of […]

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Managing your Credit Rating

February 26, 2013

Hello All, One of the unfortunate downsides of the slow economy is that lending standards have tightened considerably in recent years.  Both my wife and I have recently felt the brunt of this.  For example, my wife purchased an investment property in Oregon, but we had a couple of late payments on one of our […]

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Do or Don’t: Opening a credit card just for the rewards points?

January 24, 2013

This is a post that I originally wrote for the Smart Money Debate at Ready for Zero.  I want to know if Dinks are pro or con opening a new credit card just to take advantage of rewards bonus points.  Can you guess where I stand on the subject? If you would open a credit […]

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Yes Ma’am, your credit card does expire!

August 23, 2012

I can’t even believe that I am saying this (or typing this rather) but can you believe that some people don’t know that their credit card actually expires? That’s right some people have a credit card in their wallet and they use their credit card on a daily basis, but they don’t know that their […]

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