Personal Finance and Investing

I have been a credit card holder for 3 years now. In those 3 years, I have certainly learned a lot. Some of these I learned the hard way. A big outstanding balance was my punishment. The following are some of them:

1. Know the important dates in your credit card.

These are the cut-off date, statement date, due date and card expiration date. These crucial dates can be seen in your credit card statement. Before purchasing, I advise you to pause for a moment and think if what you are about to purchase is within the cut-off date or not, when would it fall due and if you think you have enough funds to pay for it by the time due date comes .

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The Credit Card Accountability, Responsibility and Disclosure Act, which is set to go into effect as of February 10, has changed many of the ways in which consumers use credit cards and credit card companies handle consumers’ credit card accounts.

This new credit card legislation comes with its share of changes, most of which will take place as early as next month. The changes to the credit card industry are designed to protect consumers and hold credit card companies accountable for responsible behavior, but they may also result in more responsible behavior from credit card consumers. I

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Our mothers may have told us that there was no such thing as a free lunch. But it turns out they were wrong. These days it really is possible to lay your hands on free money. How? By visiting the wealth of cashback websites or by using a cashback credit card for starters. Or, if you don’t want to have to spend money to get money, just by switching your current account.

Switch current accounts

In the last six months, I’ve made £300 just by switching bank accounts twice – something which took about 30 minutes of my time in total.

Offering a cash incentive to get people to switch current accounts has become increasingly popular. Th

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The truth about saving money for retirement is that it is NEVER too early to start saving money for retirement. What people may not know at an early age however is how to start saving for money for your retirement. The biggest problem with finding out later in life that you hate your job and want nothing more than to sip drinks on the beach is the fact that it takes years and years to  build wealth and if you decide too late you want to retire young, you may have missed the boat.

So no matter how old you are there are certain categories in which most people should look to when it comes to basic money management and learning how to start saving for retirement.

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