If you often find yourself struggling to save money on a regular basis and at the mercy of monthly fees, overdraft fees, and nearly every other type of fee your bank cheerfully tacks onto your accounts, then perhaps it’s time for a new approach to personal financial management. Chime bank and the Chime card may just be the right bank account and debit card to help you take back control over your personal finances, finally start saving, and stop paying bank fees once and for all. Chime, for instance, is an up-and-coming online and mobile bank … [Read more...] about How to Save Automatically and Eliminate Bank Fees with Chime
Have you ever wondered what happens to your money after you spend it? Do you assume that cash just passes hands until being deposited into a bank? Or, that electronic transactions disappear into thin air? Where does your money go after you spend it? The reality is, all currency is part of an intricate cycle. When it comes to cash, that cycle begins at designated printing facilities in the United States and ends between three and 15 years later when it’s taken out of circulation. The life expectancy of cash depends largely on the type of … [Read more...] about Where Your Money Goes After You Spend It – Infographic
The following is a guest post by Steve Repak, CFP™. Steve is the author of "6 Week Money Challenge For Your Personal Finances", a simple, step-by-step program founded on biblical principles paired with a CFP®’s understanding of modern wealth-management strategies. How realistic is the cash only lifestyle? If you are in debt, you have probably heard over and over again that you should quit using credit cards and stick to cash only purchases. In a previous article, I explained that for some people it actually hurts to break a large bill … [Read more...] about How Realistic Is The Cash Only Lifestyle?
This is a guest post by David Silverstone who writes about personal finance, credit cards, and debit cards on the website, Credit Card Insider, which is a credit resource, providing plain-language guidance from industry leaders. Credit card debt is huge in the U.S. Last year, the average American household’s credit card debt was equal to $15,799. American consumers know that they need to eliminate this debt, but they also know that they will have large purchases to make in the future. These larger purchases may be necessities, such as … [Read more...] about How To Use Prepaid Debit Cards To Budget For Big Purchases