A new study of Wal-Mart shoppers (and that’s 9 out of 10 of us) shows that the economy is reshaping how we shop. As reported by USA TODAY, Wal-Mart has seen a double-digit decline in credit card use, a noticeable shift from the sale of discretionary products to necessary products, twice as many private label […]
Tag Archives | Credit Cards
Building On a Solid Foundation
Much of the financial crisis gripping our country can be blamed on bad mortgages. Some say the mortgage mess is due to a lack of regulation or corporate oversight. Others say borrowers simply bit off more than they could chew. While the blame game intensifies, the Associated Press just reported on new Census Bureau data […]
Changing Our Money Ways
With our tough economy leading people to eat out less often, switch from SUVs to gas sippers, and generally spend less, an MSN columnist recently wondered what would happen if we all suddenly got and stayed money-smart? That is, what if we paid our credit cards in full each month (46 percent of households carry […]
It’s Personal
Most of us would prefer to discuss just about anything other than our financial situation, especially when that situation includes debt. As reported by MarketWatch, a new survey found that 82 percent of people are reluctant to openly discuss their credit card debts. Further, people are more willing to talk about the personal details of […]
Paying More With Plastic
Do you pay your credit card balances in full every month? Have you been using credit cards for more of your purchases, like groceries, figuring you’re ahead of the game because of the rebates, miles, or other perks? According to researchers quoted in a Washington Post article, you’re overspending. Professors from MIT, Harvard, and Britain’s […]
Cash Back for Overseas Travelers
If you traveled overseas between February 1, 1996 and November 8, 2006 and used a Visa-, MasterCard-, or Diners Club-branded credit or debit card, you may be owed at least $25. It’s the result of a class action lawsuit claiming that foreign-currency transaction fees were not properly disclosed. As reported by the Washington Post, the […]
Motivation for Getting Out of Debt
If you carry a balance on a credit card, you probably know the helpless feeling of dutifully making the minimum payment, only to get your next statement and see how little your balance has budged. A better approach is fixing the amount that you pay each month (instead of paying the minimum amount required by […]