Category: Credit Cards

7 Credit Card Moves to Stretch Your Budget

As prices on goods and services soar, every bit of value squeezed from credit cards helps. Perhaps paying an annual fee became less appetizing. Maybe you scaled back expenses in certain categories a credit card once rewarded, or you’re seeking opportunities to save with your credit cards. When you aren’t focused on debt and are…


What to Do If Your Credit Card Account Is Closed

By Rivan V. Stinson From Kiplinger’s Personal Finance Question: My credit card company closed my account for “inactivity.” Is there a way to get my card reinstated? Answer: Credit card issuers can close your account due to what’s known as “inactivity,” meaning you haven’t used the card in a certain amount of time—let’s say a…



Cyber Shopping and Debit Cards Do Not Mix

Planning to shop online this holiday season? I have one very important piece of advice: Do not use a debit card. You’ll understand why when I tell you what happened to Carol D. several years ago. Look, I know that when it comes to spending money, we all have our comfort zones. Me? I’m a…


How to Choose the Best Travel Card for Retirement

Choosing the best credit card can be a tough decision at any age. This is especially true when considering travel cards for retirement. While the right travel card can help you gain free travel points and enhance your travel experience overall, the wrong can quickly tank your credit and leave you grounded for months or…


Is It Time To Get a New Credit Card?

Credit cards are great for racking up rewards and points, but you want to ensure you have the right card for your spending style. There are many considerations when picking a card, and depending on your life stage, you may need to pick a new one. This article will look at several different factors to consider…


US Households Struggling to Save in an Inflationary Economy 

A new report revealed that U.S. households are increasingly struggling to save money as the cost of living continues to impact Americans.  According to Morning Consult‘s Household Finances & Spending survey in July, the share of adults who had money left over after paying monthly expenses declined for all income categories.  Fewer than 40 percent…


Tips to Take the Sting out of 50% Higher Car Rental Prices

When making your travel budget, don’t assume that lodging and airfare will be your biggest expense. Now, more than ever, rental cars are shaping up to be one of the biggest—and stubbornly high—aspects of people’s vacation budgets. While airfare and lodging prices are certainly near all-time highs, rental cars are among the biggest price increases…


Red-Hot Inflation Drives Wealthier Americans to Shop at Walmart

Inflation has become such a problem that high-income-class Americans have begun opting for shopping items at destinations like Walmart. Walmart’s reputation as a discounter is attracting more upper- and middle-class consumers to its stores, said John David Rainey, the company’s chief financial officer, in a recent interview with CNBC. Budget-strapped consumers are “trading down” in…


Millennial Money: 5 Credit Card Mistakes to Avoid Right Now

When times are tough, credit card debt may be inevitable if you’re learning to manage credit or are forced to make risky financial decisions due to hardships. For Lydia Senn and her husband, who are Alabama residents, this was their reality during the Great Recession in 2008 after she lost her job and he took…