October 2022 Americans Seeking Safety for Their Savings Hits 2008 Financial Crisis Levels US searches for “CD rates” and “best savings rate” reach highest levels since 2008 Financial Crisis. Analysis reveals New Jersey has the highest rate of people searching for safety and interest income. New York and Connecticut rank second and third, respectively. Main […]
Be crazy… like a fox! You know the old saying, “Fight fire with fire”? It kind of has a nice ring to it, right? Here’s a nice twist on it – using credit card issuers’ setups to claw back a bunch of money they charge you. Isn’t that poetic justice? But is it realistic? Can […]
As a small business owner, you need a credit card. Whether it’s to pay for extra memory in that sleek new smartphone, place orders on Amazon, or just so you don’t have to carry a lot of cash or an unwieldy checkbook to the store when you buy supplies. The question is, should you use […]
If you are a U.S. resident, regardless of where you were born or where you reside and you have some type of foreign account, you might need to file an FBAR (Foreign Bank and Financial Accounts Reporting), as part of your tax filing process. In this post, I’ll discuss the top 5 things you need to know […]
You know your credit score and you may need to apply for a new credit card, or loan, or a prospective employer may want to run a credit inquiry on you, but you are worried about your score dropping. After all, you’ve heard people tell you your score will drop on each credit inquiry. You […]
I don’t own a credit card and I haven’t since 2009. I know, I’m a total weirdo and most people can’t understand how I can function as a human on planet Earth without credit cards. After all, 83% of people aged 30 – 49 own a credit card and over half the households in the U.S. carry credit […]
According to a February 2022 report published by the Federal Reserve of New York, outstanding credit card balances in the US grew by $52 billion at the end of 2021, a record quarterly increase. If you’re among the millions of Americans feeling pinched by higher minimum monthly payments, there are three steps you can take […]
Building credit in the US as a new immigrant is one of the biggest challenges newcomers face. In this article, we’ll show you how you can build credit. So let’s break down what US credit score is, what it’s used for, how to start building it with zero credit history, and finally how to improve […]
What makes more sense and why… I’d had it with the next-to-0% interest Bank of America pays on checking account balances. I bet you feel the same, because it isn’t just my bank, or just checking accounts for that matter. It’s become next to impossible to get a decent interest rate. Slim Interest-Rate Pickings Are […]