Credit card purchasing has become the norm in today’s society. Credit cards can be helpful, especially when you needs to make large and necessary purchases at a time when cash is
not readily available. Unfortunately, the use of credit cards when you can’t afford the purchase can become a financial burden, especially when interest rates, late fees and overcharging are factored in and you are not able to pay what you owe. For these reasons, we’ve compiled some reasons why credit cards aren’t always the best option, as well as some smarter alternatives for purchases.
When’s the last time you really balanced your checkbook to the penny? The first step to staying organized and on top of your money is balancing your checkbook each and every month! Balancing your checkbook verifies that your records match the bank’s records and will help you avoid bouncing checks and incurring extra fees. Not to mention that in future if you have an issue with your bank and need to go back a few months, you’ll know it’s organized properly! You can follow these steps by following your traditional bank statements or using your online account. The online account will be more accurate and up to date.
You don’t have to make millions in order to donate to a charity. Making charitable contributions can be done on any budget! While it may seem like a challenge to give to a cause if you are strapped for cash, there are ways you can donate to an organization close to your heart.
Owning a pet can greatly enhance your life, however there are costs to consider when raising one. According to Mint.com, the average person in the US spends $112 a month on their pets. A survey from Real Simple breaks down the estimated costs of common house pets: a dog ($1,131), a cat ($820), a fish ($98) and a bird ($375).