Category: Credit
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Chapter 25: Minimum Payments
Generosity or Genius? Minimum payments are a great way for your credit card company to make money. The longer it takes you to pay them back, the more they can charge you in interest. For perspective, sometimes a minimum payment only covers the interest charge and will probably scrape very minimal off the principal balance.…
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Chapter 23: Cars, Buying Vs. Leasing
Thinking of buying a car? It’s good to know the difference between a purchase and a lease. There are also many other factors to consider in your car buying journey. Things like down payment, the APR of the loan, and the loan term. Loan terms are usually discussed in months so it’s good to calculate…
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Chapter 16: Getting Free Stuff With Credit Cards
So now you’ve been following along for a while. You got your finances in order, set a budget, and now are eager to reap the rewards credit cards have to offer. This has been my most asked question on the blog lately. How can I score free stuff with credit cards? I’ll show you how…
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Chapter 8: How To Pay Off Debt
Now that you know how to budget, the next thing on your mind should be how to pay off debt. Of course now you have money saved for an emergency and have a nice plan for every dollar you make. If you have high interest debt it will continue eating away at your future earnings.…
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Chapter 5: How To Use A Credit Card
It’s nice spending money that isn’t yours, because in the short term it feels like you didn’t really lose anything but you gained everything. When budgeting you must include purchases made on your credit card because you will have to pay them off in 30 days (sometimes 28) depending on your statement cycle. In this…
Money Ain't Sh*t 