credit cards

Back in the olden days, it was not uncommon to hear someone say, "I started out with nothing and I still have most of it left." But in this day and age people aren't starting out with nothing. They are starting out with a credit card.

With a credit card, you can buy anything (including, but not limited to, anything). Even if you have nothing. And so it goes. Purchase after purchase. Item after item. Until someone who started out with nothing has everything!

But then the bills start to come in the mail. At first, they might be manageable. You can pay off the balance every month if you are careful with your funds. But then one month you have an unexpected car repair or your daughter needs braces, and all of a sudden you find yourself with a balance on your credit card that you just can't get on top of it, no matter how hard you try. And to add injury to insult, everyone will accept credit cards. So the downward spiral continues until you are absolutely in over your head if you are not careful.

Bloggers speaking about the responsible use of credit cards can be found at sites like enemy of debt and canadian finance blog.

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Original Technorati articles tagged “credit cards”

• in Business
  What the Credit Card Market has in Store for Your Wallet in 2013
  Credit card trends reveal an improving economy, significant savings opportunities for consumers with above-average credit standing.
  by cardhub / on Jan 11, 2013
• in Finance
  Deferred Interest Plans Poised to Increase Cost of Holiday Financing 2,700%
  The dangers of deferred interest.
  by cardhub / on Nov 20, 2012
• in Lifestyle
  Black Friday 2012 Shopping Strategies
  If you aren't willing to skip Black Friday, there are ways to avoid spending more than anticipated.
  by savingadvice / on Nov 18, 2012

Latest blogosphere posts tagged “credit cards”

 

• BAcon Bits about credit card affiliate marketing

  
  — Authority:
  Miles & Points blogs and conferences often revolve around strategies for credit card churning to earn vast amounts of points and miles to fuel your travel without the need to travel. BAcon provided a seminar on credit card affiliate marketing for the blogger as a revenue stream. The presentations were about as ...
  1 day ago

• Google Wallet Offering Free Credit Card Processing; Post In The DDF Conga Thread To Join!

  
  DansDeals.com — Authority: 149
  DDF user Emkay reported on DDF 4 days ago that Google was integrating the ability to send money into Gmail.  DDF user magnus then posted that Google is temporarily not charging any fees to send or receive credit card payments. The payment are considered a regular purchase and will earn miles.  You should probably ...
  1 day ago

• Rise of the Contactless Payment Machines…

  
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  Near Field Technology or NFT is one of technology’s latest strides. It means you can pay for things using a mobile phone, or with a bank card flashing a sideways wireless symbol. If you are using a card this means you can save seconds of your time by not entering your PIN into the terminal. Handy if you have only ...
  1 day ago

• Contactless cards: how safe is your money?

  
  The Guardian - guardian.co.uk — Authority: 986
  Marks & Spencer customers complained that they unwittingly paid twice when their contactless cards were activated. How can you prevent charging errors? Some shoppers have complained to the BBCs Moneybox that they had been charged twice for transactions in Marks & Spencer – once when their contactless card ...
  1 day ago

• Are M&S’s contactless card errors a cause for concern?

  
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  More than 30m contactless payment cards have been issued in the UK. But some Marks & Spencer customers are finding their new contactless cards are more trouble than they’re worth. The benefit of contactless payment cards is that, unlike normal chip-and-Pin cards, you don’t need to enter your Pin to pay for ...
  1 day ago

• Are Reward Credit Cards with an Annual Fee Worth It?

  
  — Authority:
  When used responsibly, a credit card can be a great tool. The right rewards program can provide you with free stuff, discounted travel and even cash back. When you use a good rewards program, you end up able to maximize your money. For the savvy credit card user (who pays off the balance each month), all the free ...
  1 day ago

• Using business credit cards: The dos and donts

  
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  ByJason Bushey Itsjust a fact that many (if not most) American businesses run oncredit. Business credit cards are the small business owners mainsource of readily-available cash, plus they build up a companyscredit while allowing business owners to earn rewards. Butjust like individual ...
  1 day ago

• Millennials Opt for Cash, Thriftiness Over Credit Card Debt

  
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  Having experienced both an economic boom and subsequent bust, studies show that Millennials are understandably leery of taking on credit card debt. The post Millennials Opt for Cash, Thriftiness Over Credit Card Debt appeared first on Creditinfocenter Blog .
  1 day ago

• A Credit-free Card: What is a prepaid credit card?

  
  — Authority:
  In this high-tech era of computers and machines, the purchasing power of people is mostly based on credit. Nowadays, credit cards are almost indispensable in almost any business transaction. For one, nobody can purchase anything online without a credit card. People who have a poor credit history though, will have a ...
  1 day ago

• Should You Put a Real Estate Investment on Your Credit Card?

  
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  Filed under: News, InvestingBy Paula PantImagine: Youre a beginner real estate investor. You want to flip a house for the first time. You dont have much money.Someone recommends that you get a Home Depot or Lowes credit card, which offers 0-pe... The post Should You Put a Real Estate Investment on Your Credit Card? ...
  1 day ago

• ShopDiscover Dads & Grads Increased Cashback Bonus

  
  InACents: Save Money, Travel More — Authority: 138
  If there is one time of year I tend to “overlook,” besides my own birthday, it is Father’s Day. Mostly, because I am not much of a fanfare kind of guy, at least for myself. I have no problem doing … Continue reading →
  1 day ago

• Prepaid Cards Lose Fees, Gain Users

  
  — Authority:
  NEW YORK (Credit-land.com) -- Prepaid cards are no longer for subprime customers. New, largely fee-free structures make them the choice for those looking for an alternative to a traditional bank account, as well as those who dont want to risk running up a balance on a credit card. What was once a relatively simple ...
  2 days ago

• Did Your Degree Come With a Course on Student Loans?

  
  Frugal Rules — Authority: 719
  Last month I was reading an article on NPR that related to student loans and the somewhat, albeit small, changing awareness surrounding them. On a side note, if you’re looking for a good source for a balanced perspective on news then I highly encourage you explore NPR. Back to the topic, this article stuck out ...
  2 days ago

• Credit Fraud Alerts Work A Bit Too Well

  
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  I guess having a fraud alert on my credit report works a bit too well. It isn’t as big of a problem as credit fraud alerts not working at all, but it is a bit frustrating. What exactly am I talking about? Remember a couple months ago when I thought I was dealing with a little bit of credit card fraud that ...
  2 days ago

• Compare Low Interest Rate Credit Cards Offers

  
  — Authority:
  by Maya Hendriani If you carry an outstanding balance on your credit card, you’re not alone. Nearly 70% of Americans keep a balance on one of their credit cards from month to month. And many of these cards have sky-high rates, which add up to hefty amounts in interest expense. By switching to a low interest rate ...
  2 days ago

• How To Get 5X Ultimate Rewards Points or 5% Cash Back on ALL Amazon Purchases!

  
  — Authority:
  [Disclosure:  Emily and I get a commission for links to all cards in this post except for the Ink Classic and the J.P. Morgan Select card as of the post publication.  Were always very grateful to readers who apply using our link, but you dont have to!] Link:   Chase Ink Bold Link:   Chase Ink Plus ...
  2 days ago

• Can Wages Be Garnished For Credit Card Debt

  
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  How Bankruptcy Affects You As An Individual When you file for bankruptcy, you are affected in 3 important ways. … Read News Collection Of Judgments In Virginia – Wikipedia, The Free … Wages can be garnished , but the amount that can be seized in this manner is limited to the lesser of 25% ...
  2 days ago

• Debit or Credit – Which is Better for your Credit Score?

  
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  If you are in the market for a new card to add to your wallet or purse, it is important for your financial health to know the difference between whether to get a debit card or a credit card. Thankfully, the Equifax Finance Blog has a new article to help you determine which to apply [Read More] The post Debit or ...
  2 days ago

• Average Credit Card Debt In America

  
  — Authority:
  Governor Signs Ignition Interlock Bill Tennessee’s ignition interlock law will apply to more drunken drivers under legislation signed by Gov. Bill Haslam. Currently, ignition-locking … Read News Best Cashback Rewards Cards – Best Credit Cards For Cash Back The best cashback rewards credit ...
  3 days ago

• Interest rates on credit cards hit highest point in 13 years

  
  — Authority:
  Interest rates on credit cards have hit a 13-year high. Image: MoneyBlogNewz/Flickr.com/CC-BY The interest rates charged on credit cards have recently reached a 13-year high. Since legislation has changed the rules about how interest can be charged, card companies are raising the base rates to make up lost ground. ...
  1 week ago

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