
If you are planning on travelling abroad any time soon, then getting a new credit card may not be the first thing that you think about, but the first section of this article will tell you why it should be.
Research conducted by Moneysupermarket.com found that over half of Britain’s credit card users (58%)
Continue reading Heading Overseas? Time to Think About Your Credit Card

The Wife always makes fun of me when we got out because I always try to use my Discover Card, and she gets a kick when a waiter tells me they don’t take it! But I don’t care because I love my discover card because of the 1 to 5% cash back rewards I
Continue reading Current Discover Card Promotions

The Wife and I have had similar views on credit cards for as long as I can remember – they are neither good nor evil, but rather just tools. Well since the hammer that was beating me upside my head (e.g. debt) has finally ended, and with the start of the new year The
Continue reading I Have No Idea about Credit Card Rewards

I think a lot of the people’s consumer debt stems from charging a large ticket item into “manageable” monthly minimum payments. However, the problem that often arises is that a person only pays back the minimum.
If we take a credit card bill of $5,000 with an interest rate of 15% and the minimum
Continue reading The Horror of Just Paying Monthly Minimum Payment to Credit Cards

A couple months ago I received a notice from a credit card which was previously eradicated from my modified debt snowball. I had dual thoughts, “hahhaha, it doesn’t matter if you jack up my interest rate, I paid all my credit cards off already, tough guy” and “You better not be trying to get
Continue reading Fight Back Against Credit Card Companies Cancelling Your Credit Card and Hurting your Credit Score

I’d like to think that I have a wide variety of friends. These friends range from successful business owners to civil servants to a friend that was unemployed for the better part of 18 months (health reasons). So it was interesting when I told a bunch of them about getting rid of my credit
Continue reading What Kind of Credit Card Debt Repayment Person Are You?

Luckily this blog is anonymous so I can talk about whatever I feel like! Well today I got a rough phone call from the Sister in Law. She was looking into buying a home with her boyfriend. Well, when they went to get pre-approved she was met with a a very low number due
Continue reading Your Credit Score Matters

Law of Diminishing Marginal Utility
I got on the subject of Law of diminishing Marginal Utility with The Wife today, a theory which I was able to explain to her today in english. Despite it being an economic theory (read: usually hard) it is quite easy to understand. First thing is first - utility means
Continue reading The Law of Diminishing Marginal Utility and Debt Repayment
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