Freeze your Credit Limit
Recently, I had a discussion with someone who was worried about credit card debt. For ease, Gentle Readers, I shall call this person Oscar. Oscar’s niece owed over $10,000 on her credit card and Oscar...
View ArticleGive Yourself Some Credit
I want you to give yourself some credit – literally. Allow me to back up a little bit, to give you some context. A year ago, my credit card number was stolen when someone booked a hotel with my...
View ArticleWhy Isn’t Credit Card Math Taught in School?
Today, I checked my credit card statement and found out that I have to pay $191.13 by October 10, 2019. The box at the bottom informed me that if I were to make the minimum payment ($10) at my current...
View ArticleCredit cards everywhere!
Earlier this week, I went shopping at Canada’s last remaining national department store. I’ve been searching for black pants for the past few months and I had some time to kill between appointments so...
View ArticleShopping Season
The shopping season is upon us once again! It used to be called the Christmas season or the holiday season but the notion of Christmas or holidays is no longer emphasized. When I look around, all I see...
View ArticleCould you afford your life without credit?
I love reading about personal finance. It’s been a hobby of mine for the past 20+ years. I’ll even go so far as to admit that I’m also an avid snoop – I love hearing about how other people spend their...
View ArticleA Primer on How Banks Make Themselves Rich
The first thing you should know is that I am not a banking expert. I worked in that industry on a part-time basis while going to university. That was 20+ years ago. Currently, I am what you would call...
View ArticleTools vs. Anvils – How to Use Your Credit Card
Credit cards are an exceptionally useful tool if used correctly. However, they can also cause great financial harm when the basic rules of use are ignored. There are two terms that you should know:...
View ArticleThis is the Greatest Way to Use Credit Cards!
The greatest way to use credit cards comes down to 2 simple steps. Only credit cards when you have cash in the bank to pay the balance. Pay your credit card balance off in full every single month. In...
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