After covering basic expenses like rent or mortgage payments, car payments, groceries, utilities, and so on, it can be hard to cut back on more fun discretionary spending such as going out to eat or buying the latest video game. However, by budgeting ...

Continue reading How to Budget Your Discretionary Income for Non-Essential Purchases

If you're in a serious and seemingly irrevocable financial problem, you should consider your options. While it's not an easy task to fix your money problems, with some hard work, you can enjoy a financial future full of hope. Here are four strategies ...

Continue reading 4 Life Saving Strategies for Those Who Are Deep In Debt

It's normal to be wary of traditional credit cards. You might be trying to avoid debt or rebuild your credit from the ground up. Fortunately, you have options. Secured credit cards, for example, can be a smart alternative to the other plastic in ...

Continue reading 8 Reasons Why You Should Consider Getting a Secured Credit Card

Being rich and famous can set you up for life -- and well beyond that -- but it also can make otherwise smart people do really stupid things with their money. Just ask MC Hammer, who very famously filed for bankruptcy after spending his estimated $33 ...

Continue reading 10 Famous People Who Have Gone Bankrupt

In order to talk about what is considered when calculating your credit score you need to first understand what shows up in your credit report. Your credit report is a history of how you have used or abused your credit. This report is created by one ...

Continue reading How Credit Reporting Agencies Calculate Your Credit Score

Credit cards shouldn't scare you; when used correctly, they're actually the most rewarding form of currency available today. Seriously, when's the last time you were rewarded with airline miles for using cash? And while it's highly recommended ...

Continue reading 3 Things You Shouldn’t Buy with a Credit Card (and 1 You Always Should)