“I have some store credit cards and one ‘regular’ credit card, should I get an Amex so that I can get points?” -Sam
It has been well established that we spend more money when we use a credit card versus a debit card, approximately 12% to 30% more, depending on the source. So just keep this in mind that you may spend more and therefore really pay for those points or miles. If you are not sure whether you would be disciplined or not, don’t do it, and avoid the headaches….
“How do you handle finances in a relationship between two people with totally different incomes?” -Chirabo
I get a lot of questions about money and relationships from clients. Should I ask so and so for a personal loan? Blahbidy blah roommate is weird about splitting bills what should I do? My boyfriend wants to get a motorcycle and he has really bad credit, should I co-sign for him, or get the bike in my name? My friend so and so and I don’t talk anymore because of an argument with money, how do I prevent that from happening again?
What the f#%! is going on with Healthcare?
What is going on with healthcare is bananas.
If you do not have health insurance you expose yourself to great liability. Thanks Captain Obvious. You may say “well I can’t afford the premiums, and even if I could, I don’t trust that health insurance companies will cover what they say they will.”
Heyo — the DIY Diva here with some money saving tips for all you broke-asses out there trying to make ends meet in the expensive cities of NYC and SF during this craptacular recession. I just realized that next week will be the one year anniversary of when I was
Most banks automatically give you overdraft protection, the fees upwards of $30 when you overdraft. Oh Thank YOU! Wow. The guy who invented “automatic overdraft protection” made the banks billions and billions of dollars, for the convenience factor. You know when you are out fine dining you don’t want to be embarrassed that your card was declined, oh no! Well the fear of worrying what others think of our financial situation sure is motivating.
Don’t you think the technology exists for your card to simply be declined when you don’t have any money left in your account? Why would the banks implement something so seemingly customer service oriented and give up billions of dollars? Right.
Outside of a desperate or survival mode purchase, wouldn’t you prefer for the card to be declined instead of paying a $35 fee on top of a $3.00 coffee purchase?
“Should I set up bill pay, automatically? How can I set it up and avoid overdraft charges?” – Joe
That depends. First of all, are you on top of balancing your checkbook? Have you had any overdraft charges this year? If you have overdrafts, I would not set up any automatic payments for bills until you get organized. So here is some crazy info that is just about guaranteed to rile you up and get you crackin’ on some cool financial projects. That is not an oxymoron by the way. Here are some tips on getting organized, protecting your money, and paying your bills. It is a lot sexier than it may seem…