Millennials are different. Skinnier jeans than other generations? Probably. Credit card users? Probably not. According to a Bankrate survey, about two thirds of millennials don’t own one.
Although we see it coming every single year, the holidays always seem to catch us- and our wallets-by surprise. In fact, this year alone, Americans plan to spend about $983 on holiday shopping alone- not including expenses like travel and time off work. For most of us, this can make or break our budget for the year. But it doesn’t have to be that way! Holidays can be expensive, but they don’t have to be!
Here are a few ways to still have an amazing holiday- without breaking the bank.
Keeping up with your credit card payments is already a challenge, but managing multiple cards on top of your student loans or mortgage can feel impossible. What’s worse is if you have revolving credit card debt; average households owe over $16,000, so even just the monthly interest can be a significant expense!
Millennials—like any other generation—are wary of a number of things… like cable and sketchy Tinder dates. And, as it turns out, also credit cards.
Today, we are excited to announce that we’ve reached a tremendous milestone: the release of our first mobile app. Since our inception, we’ve covered over $8 million in credit card spending for our users, now at a rate of over $1 million per month, and we are finally expanding from web to mobile with the launch of the Debitize iOS app.
Here’s the second entry in our How to Save Big series:
The average American spends 5.6% of his/her budget on entertainment needs. Much of this can be cut down with careful monitoring and smart spending – here’s some ways you can go about accomplish this and saving big while still getting your entertainment fix.
Here’s the first entry in our new How to Save Big series. With this series, we show you how to curate big savings in all aspects of budget without changing up your lifestyle. We start with showing you how to save when it comes to eating out.
Your credit score is undoubtedly one of the most important aspects of your personal finance portfolio. It has an impact on your ability to secure a home loan, auto loan, and affects your credit interest rate, among other things. It’s important to ensure you have a solid foundation of knowledge about this score so you can achieve your goals.
Take this credit score quiz to test your credit knowledge. To see if you answered correctly, just skip to the end to see the answers.
Weddings are an occasion many people dream about for years. Let’s fast forward to the big day. You’ve finally found the person you want to spend the rest of your life with. You’ve diligently planned your wedding budget, only to realize that – you’ve overspent significantly. This is the case with 74% of American couples, all of whom go over their wedding budget by an average of $12,000 dollars.
We’ll show you six ways to stick to your budget and avoid this common wedding mishap.
I thought my financial woes would go away with my first paycheck. Boy was I wrong.
If, like me, you’re fresh out of school and find yourself suddenly swamped with grown-up matters — disposable income, rental fees and striking a balance between living comfortably and sufficiently saving — you probably also thought: I need a strategy to save more money. Read on and find out how I do it!