Money is changing. I have no doubt that in five or ten years, apps on our phones will surpass the credit cards in our wallets as the primary way we pay. The American Express Serve Prepaid Card takes us a step in that direction. Here, let’s take a look what makes Serve different. What is the […]
Do you want your allowance in paper or plastic? American Express just released the PASS Card from American Express, a prepaid reloadable debit card for teens that aims to simplify how parents and teens manage money…without the need for the teen to have a checking account or credit card. Here’s how it works: The PASS […]
Readers comment on how they budget for holiday shopping and keep Christmas gift spending in check.
As I contemplated changing my everyday credit card to the Chase Freedom card; I’ve been pondering one of my favorite financial topics…credit card strategy. In other words, how does one maximize the benefits of The Everyday Spender. Uses one credit card to pay for everything, everyday. The Big-ticket Buyer. Uses credit cards only for big […]
Debit or credit? At a distance, there’s virtually no way to distinguish the small plastic cards with Visa or MasterCard logos. Both allow you to pay for goods and services instantaneously by transferring cash behind the scenes. But anybody who understands how these two payment cards work knows the similarities are only skin-deep. Credit cards […]
When I moved to the UK and opened a bank account, I had no idea that anything but a Visa or Mastercard logo could be on a debit card (in other parts of the world, there are other kinds of debit cards). I should have looked into this before hand, but it honestly didn’t cross […]
Credit card companies are raising interest rates on just about everybody these days, fueling many people’s passionate disdain for using any credit card for any reason. Once upon a time, there was only one alternative to spending with credit cards: cold hard cash. But then came debit cards—accepted everywhere just like credit cards, but without […]
It’s a hot-button question: If you’re in debt, do you get rid of all of your credit cards and stick to debit cards and cash only? Or can you discipline yourself to still use credit cards for routine purchases and pay the balance off in full every month, even if you’re digging out of existing […]