When to Cancel A Credit Card

April 16th, 2014

Credit cards are a great tool for getting free rewards, but the best cards generally come with an annual fee. In some cases such as with the Chase Sapphire Preferred card, the annual fee is waived for the first year, but most cards will assess an annual fee when you sign up for the card. In order to determine if a card is worth keeping you need to look at the benefits and costs associated with the card. Keep in…

Meeting Credit Card Minimums

March 7th, 2014

Credit cards are a great way to get free stuff. Signup bonuses are the best way to maximize the number of points you earn. Unfortunately, most credit cards require that you spend a certain amount of money to earn the signup bonus. The required minimum spending on a card can be as little as $500 and as high as $10,000. Usually you will have 3 months to complete the spending, but a few cards will give you four months. The…

Five Things You Absolutely Need to Know About How to Become Financially Independent

February 24th, 2014

The following post was contributed from Mr Financial Debauchery.  Financial Debauchery is a website that is all about the dumb things we do with our money and how we can do better for ourselves. Becoming rich isn’t something that just happens.  Unless you’re really lucky, no one is ever just going to hand you money.  You’ll always have to earn it and work for it. At least that’s how it goes for most people … The other thing you could…

Should You Get Term Life Insurance?

February 17th, 2014

  Bradford Boddington had it all. He worked for Goldman Sachs making six figures as an analyst. He had a beautiful wife and a lovely daughter. All of a sudden – BOOM! – he gets hit by a bus while crossing 34th street. Ms. Boddington was doing okay in her own right, but was only making $40,000 a year, with an apartment in Manhattan to pay for and a baby daughter to support. The Boddingtons earned a lot, but had…