Chris Muller A balance transfer is essentially paying off one credit card with another. The smartest way to do a balance transfer is to get a card with an introductory 0% APR offer, which enables you to pay the debt off faster and with less interest overall.
Although you likely hear these terms used interchangeably, tax credits, tax deductions, and tax adjustments all have different meanings and outcomes. Deductions and adjustments reduce your taxable income, whereas tax credits directly reduce the amount you owe to the IRS, dollar for dollar.
Capital gains and losses are a tricky subject that can confuse even the most tax-savvy person. So we explain them in simple terms.
Is lump-sump investing or dollar-cost averaging the better strategy? If you have money to invest, read on and compare the two approaches.
Many people no longer use cash and instead opt for debit and credit cards. But there are certain situations where one may work better than the others. Here’s when to use cash, debit cards, and credit cards.
In most cases, your on-time utility and rent payments are not reported to credit bureaus. But that doesn’t mean you can walk out on any of these bills with impunity.
We all rush into purchases we later regret. Fortunately, certain legal protections, like the FTC’s Cooling-Off Rule or individual states’ lemon laws, allow you to void a recent purchase or service contract in qualifying circumstances. But your legal right to act on buyer’s remorse is heavily dependent on where you made your purchase and why you regret it.
Growing up is all about making tough decisions and the earlier you make them, the better your future will look. Here’s how to budget for teens.
Retiring early can seem impossible for most, but there are a lot of ways to increase your savings and reach retirement long before your 60s. Here’s how to retire at 45.
If you only have 15 seconds to learn how credit works, memorize the graphic above. It shows you the six key factors that make up … Read more