Have you ever been late on a credit card payment, just to see your interest rate soar out of control? If yes, then a penalty APR is most probably the culprit. A penalty APR is one of the lesser-known and most costly consequences of a late credit card payment. It’s a higher annual percentage rate … Read more
There are a lot of credit card options out there, and each of them comes with its own laundry list of bonuses. Some offer big sign-up bonuses, and this could be very enticing to prospective cardholders. However, while the perks can be exciting, there are also downsides to credit card sign up bonuses. When looking … Read more
By shopping online, you can find the best deals, and get your items delivered right to your door without having to leave the comfort of your own home. Online shopping is convenient, but convenience always has a price. As the number of online shoppers has grown, so have the threats, with more and more criminals … Read more
Having a credit card is great as it allows you to stroll cash-free when you’re shopping or traveling. The only thing that makes a credit card confusing is the processing rates, which are a little overwhelming if you’re new to them. Processing rates differ per card, as some have tiered pricing or membership pricing. Figuring … Read more
There are several benefits you can enjoy when you become the owner of a house, including ways you can use the costs of your home as a tax deduction. Most of the time, your realtor will point out these types of benefits to new home buyers, especially if they are first-time buyers. Read on to … Read more
Every American wants to live the “American Dream,” which includes owning a home for themselves. A house is an investment that can bring you peace of mind and offer great economic and financial benefits, such as growing your wealth over time and tax benefits. That being said, the American homeownership environment is ever-changing and complex. … Read more
When it comes to buying a home, there are a lot of small financial things you need to take into consideration. Adding all these small things together may add up to an amount you did not plan for and may become a burden. That is why it is crucial that you do your homework so … Read more
Keeping some money aside for a rainy day is an old practice. Even today, having an emergency fund can save you big time, especially when life hits you with the unexpected. If you have been struggling to cover your bills and you end up finding yourself in a position where you cannot cover unexpected expenses, … Read more
The most essential aspects of any business, big or small, are record keeping and expense tracking. These are some of the reasons why you would should hire a certified public accountant (CPA)for your company. A CPA is not an enrolled agent or accountant. CPAs are tax experts and their main work is to help with filing … Read more
Student loan refinancing is the process of getting a new lender to pay off your existing loans through the issuance of a new loan at a lower interest rate. This practice helps to save you money in the long run. Refinancing your loans depends on whether you will find a rate that will make a … Read more
One of the most vital financial choices you’ll make is buying life insurance. It not only helps the loved ones you leave behind, but it can also be a valuable tool long before then. You need life insurance if you have kids or other loved ones who depend on the money you receive. Its main objective is … Read more
If you are running a business, it is always imperative that you know how you’re business is faring against competitors and the entire market. Economic profits and losses are great indicators of how well your business is doing. They measure different factors such as your revenue alongside the cost of a business decision that you’re … Read more
Online shopping is one of the most convenient ways to shop but it also comes with a lot of risks especially if you do not know about online shopping protection. When doing online shopping, you need to protect yourself from fraud, scams, identity theft, and many other threats that may arise from connecting to the … Read more
Many businesses deal with risks almost all of the time. This includes retailers and producers that sell business credit products and services such as loans. This is why management of business credit risk is important so that business owners and lenders can make better decisions depending on their financial health. If you’re in the business … Read more