How to Know When It’s Time to Redo Your Budget

[Y]ou’ve created a budget and you’ve been working to follow it faithfully. At some point, you may need to redo it to allow for changes in your life or to improve your circumstances. Here are a few ways you know it’s time to work on a new budget.
You Don’t Have an Emergency Fund
If you have...
How to Know When It’s Time to Redo Your Budget

How a Virtual Credit Card Can Protect Your Identity

[C]onsumers are often wary of shopping online. And they should be, with all of the identity theft you hear about in the news. Well-known and trusted companies get hacked, which results in stolen information for thousands of unsuspecting people.
One of the biggest areas of concern is for people...
How a Virtual Credit Card Can Protect Your Identity

Do You Need a Financial Mentor?

[S]chools often encourage mentorships for students. Some employers have mentor programs, pairing new employees with those who have many years of experience. Mentors can offer encouragement, advice and accountability to those who need it.
Anyone who struggles with their finances may want to...
Do You Need a Financial Mentor?

Common Myths on Building Credit

If you are just starting out on your own, you may have a hard time getting credit cards or loans because of a lack of credit history. You must build credit to get access to the best credit cards and loans, but you can mess things up if you don’t know how to do it correctly. Here are some common...
Common Myths on Building Credit

3 Things to Do When You Know You Can’t Pay a Bill

One of the worst feelings you can have is when you have a bill coming due and no way to pay it. You have either spent all of the money or you have to spend it on something more important. You don’t want to have to deal with those phone calls from creditors because you don’t know what to tell...
3 Things to Do When You Know You Can’t Pay a Bill

Why You Should Change the Due Dates on Your Bills

[Y]ou open up the credit card statement only to see another $30 late payment fee assessed. Ugh! You can’t believe you forgot to make a payment on time again. In between running the kids to daycare or school, meeting with clients and taking care of errands on the weekends, some things just get...
Why You Should Change the Due Dates on Your Bills

Good and Bad Reasons to Have a Credit Card

[G]etting approved for a credit card is a sign of responsibility. It can give you freedom with your finances. For instance, you can book a hotel or buy airline tickets, which would be difficult without a card. You should know why you want a credit card and understand if those reasons are good or...
Good and Bad Reasons to Have a Credit Card