Master holiday shopping for less

Maybe you’re dreading the onset of holiday shopping, or maybe you can’t wait to get started. Whichever approach you take to holiday shopping, the thought of how much you’ll be spending on gifts and parties is probably daunting.

Last year, U.S. shoppers racked up an average of $1,054 in credit card debt during the holiday season, according to a MagnifyMoney survey. About half of those people planned to pay off the debt within 3 months, but nearly 30% didn’t expect to pay that debt off within 5+ months. The interest charges on that debt really add up!

holiday shopping

This year, don’t be one of the holiday shoppers burning money on credit card interest payments. Plan ahead using our comprehensive guide to holiday shopping for less, and avoid paying interest just for bringing holiday cheer.

10 Expenses to Trim or Eliminate for a Healthier Budget

budgetIs your budget looking a little bloated? If so, it could probably stand to slim down.

Financially, it’s hard to argue with the prospect. But it’s easier said than done—a “no pain, no gain” kind of situation, isn’t it?

Maybe not.

Trimming a budget isn’t a zero-sum game. With a little creativity, you can find a few expenses that can either be reduced or completely eliminated without adversely affecting your quality of life. Some could even be staring you in the face right now.

Friendsgiving Ideas: How to Host on a Budget

friendsgiving ideasEveryone around you has started trying to firm up Thanksgiving travel plans, and grocery stores are bombarding you with Thanksgiving-related deals and coupons. It’s that time of year again. Whether you’re visiting family in your hometown for Thanksgiving or not, you might be looking for a way to show how thankful you are for your friends. Enter – Friendsgiving. Friendsgiving may have been popular for a few years now, but it’s still a fun way to gather everyone together before the holiday season begins in earnest to celebrate a great year.

Hosting a Friendsgiving celebration can be tons of fun – but it can also get expensive, fast. A whole turkey, a full bar, and side dishes add up quickly. If you’re trying to save for holiday shopping or to meet end-of-year savings goals, hosting a traditional Thanksgiving meal for friends on top of travelling for the holiday itself may sound daunting, but fear not. Follow these four Friendsgiving ideas, and you’ll be hosting Friendsgiving for as little as $45 or less.

7 Ways to Earn More Travel Rewards – and make the most of them

Travel RewardsHave you ever wished you could travel more? You’re not the only one. A survey conducted by OnePoll earlier this year showed that 76% of Americans wished they could travel more. When you’re dreaming of taking a trip to the beach or some far flung city, you take a look at your budget and realize that taking a trip to a nearby restaurant is probably a better idea than jetting off to Paris.

What Debt to Pay Off First to Increase Your Credit Score

Americans’ total debt hit a new high of $13 trillion last year, and about 80% of Americans are in debt. Many of the 80% of Americans with debt are working to pay it off, but in the meantime, carrying debt can have a significant impact on their credit scores. A good credit score saves you tons of money, so any improvements you make while paying down your debt could make a big difference. When you’re creating a plan to pay down debt, you should consider what debt to pay down first to increase your credit score.

Budgeting tips: Maximize savings by cutting down on these 3 categories

With the holiday spending season drawing near, many thrifty readers are already spotting sales and clipping coupons. Saving money for the future is probably the last thing on your mind. We’re here this week to put saving back on your radar. Here’s a few budgeting tips on where cutting your budget can save you the most.

If you already have a budget (and you’re sticking to it!) but are still struggling to save money, you may have budgeted more than you really need in a few categories. Think we’re going to tell you to cut out your coffee or avocado toast habits? Not quite.

When and How to Increase Credit Limit

How to increase credit limitTo increase or not to increase your credit limit, that is the question. A higher credit limit means you’d be able to spend more on your credit card – what could be wrong with that? Before figuring out when and how to increase credit limit for your card, you should ask yourself first why you want to increase your credit limit. Your creditor will try to answer the same question.

3 reasons to ask for a higher limit (and 3 reasons to make you hit pause)

There are lots of reasons you might want a higher credit limit, but only a few really good, financially responsible reasons to ask. We’ll run you through good reasons to request a higher limit and the reasons you should press pause. Check them out, and take stock of where you’re at.

Summer Debt Shape Up Week 8: The final shape up and you’re ready to run!

Welcome to the final week of the Debitize Summer Shape Up. Our goal at Debitize is to empower our users (and everyone) to take control of their financial health.

So for a quick recap, here are our top 3 takeaways for keeping the Summer Shape Up going all year long:

  1. Pay attention to the numbers (bank statements, budget, FICO score, interest rates, restaurant bills). By checking these numbers regularly, you will stay on top of where you are at financially, be able to see discrepancies, and have a powerful relationship with your accomplishments. Staying close to the numbers will show you how your financial health changes over time.
  2. Pay down your debt – you’d be amazed at how much power comes from getting your debt under control and it doesn’t have to be hard. Set challenges for yourself, do them with a friend. Give up eating out for a month, have a garage sale, pick up extra shifts.   
  3. Keep educating yourself – when you know better, you do better, and there are so many amazing resources in the world. Start with this list of awesome books recommended by Warren Buffet, Bill Gates, and a couple of other guys who are amazing with money.

You’re debt free: now what?

Debt FreeIt may have seemed impossible at times, but you’ve finally done it – you’re debt free! There’s a lot of advice out there about how to get to this point. You’ve budgeted, you’ve actually stuck to your budget, and you’ve cut back on things you thought you couldn’t go without. Now that you’ve achieved your goal and are finally debt free, what’s next?

Officially Announcing – Debitize 2.0 on Product Hunt!

Helping you grow and improve your financial game  – that’s our focus at Debitize. That’s why we’re super excited to announce two big steps forward today:

  1. The release of Debitize 2.0, our new and improved iOS app – on Product Hunt today!
  2. Our acquisition of Debx

Debitize iOS App: Version 2.0

As many of you have already experienced, Debitize 2.0 gives you more info and control, right on your phone. The new dashboard shows how much cash you have available (after covering your credit card purchases, of course!). Now, it also shows which of your credit card transactions have already been “Debitized”.

You have access to your key settings, and can easily manage Credit Optimizer, Debitize’s weekly bill payment service, right on the app! Taking control of your credit cards has never been easier.

Debitize on Product Hunt!

We’re also launching our app on Product Hunt today! Please check us out on Product Hunt and join the conversation. Debitize is hoping to reach the top 5 products on Product Hunt today, so take a look and share your Debitize experience to help us reach our goal!

Debx Acquisition

Next up – our acquisition of Debx. We’re thrilled to welcome Debx users to our platform! We’ll be working with our new adviser, Debx CEO Ben Psillas, to keep improving Debitize’s service.

At Debitize, we plan to use the momentum to keep helping you crush your credit card goals, improve your credit scores, and cash in on more rewards! Want to help us get there? First, keep doing what you’re doing – using Debitize, and referring your friends and family.

Next, check us out on Product Hunt! If we can hit our goal of reaching the top 5 products today, Debitize will be included in the site’s daily email. This gives more people the chance to join you all in the Debitize community!

We’re excited about this opportunity to keep growing the Debitize community – hope to see you all over on Product Hunt today!