Tag: credit card

Thinking about getting a joint credit card with a spouse, family member or friend? Make sure you know exactly what you’re getting into.

With a joint credit card account, two people are equally responsible for the privileges and responsibilities that come with a credit card. That means that they can both make charges to the account, and they are both liable for the credit card balance. The details of the account appear on the credit reports for both owners. If the account becomes late or unpaid, the issuer can pursue both users for delinquency.

Nearly 8 in 10 (78%) of U.S. adults lose sleep over daily stresses like work, relationships, and more, according to a new report. More than half (56%) of Americans, ages 18 and older, toss and turn over at least one money issue. The biggest money stressor: everyday expenses, which nearly 1 in 3 (32%) say they occasionally lose sleep over.

Other than everyday expenses, the most popular financial insomnia contributors include saving enough money for retirement (24%), health care or insurance bills (22%), the ability to pay credit card debt (18%), mortgage or rent payments (18%), educational expenses (11%) and stock market volatility (5%). Those who are losing sleep over money include:

Look, I’ve been in your shoes. You buy and buy and charge and buy for 30 days. Then, early Christmas morning as you’re putting the finishing touches on building a tricycle that’s only taken 10 hours to complete, you look at all the presents under the tree and discover a six-inch gap between the wall of presents.

Yikes! There are not enough presents! How will your children live with this gap? How will you live with yourself?

The holidays are upon us, bringing all those personal and family images and sensations we cherish. But for many of us, there are a few not-so-joyous holiday sights (a purse overflowing with credit card receipts) and sounds (the ca-ching! of cash registers marking our escalating debt). These negatives can easily outweigh all that we love about the holiday season, especially during this less-than-prosperous economic period.

Overall, the Great Recession brought about a renewed dedication to saving. Before the recession, our national personal savings rate was close to zero, and now it’s around 6 percent.

It won’t be long until summer, and many are looking forward eagerly to that annual summer vacation. For some, it’s worth waiting for, but for others it’s not worth overspending... and the fact is many Americans do.

An Experian survey found that 68 percent of people overspend on summer vacation, and 35 percent don’t save for it. You want to enjoy a vacation and know you’re not paying for it for years to come.

If you are in a leadership position at your company, you may eventually experience the need to travel with your boss. Before you check your luggage, it’s crucial to be prepared for whatever may come your way during the business trip. Whether you are male or female, traveling with your superior may feel tenuous, but it doesn’t have to be that way. Here are a few tips to help you make a good impression and start your professional travel off on the right foot:

Identity theft is all about control. And it’s important to ask yourselves, who has control over your personal and financial information? Is it you, your spouse or the criminal on the other end of your computer using the information to apply for a credit card? Losing control of personal information can be all too easy online, but by taking some precautions you and your spouse can maintain privacy, while safely surfing the internet. Here are five common scenarios to watch out for.

1. Adjust Social-network Privacy Settings
Facebook has been working to simplify their privacy settings, but they can still be confusing to the average users.