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How to Teach Your Kids About Credit Cards

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On the surface, credit cards seem pretty straightforward: You use your card to purchase items and then pay the balance at the end of the month. But as many of us have learned the hard way, using credit can be all too easy, and you can go into debt quickly. Understand how credit works. Understand interest.

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Business Travel Is Back: How to Maximize Your Miles

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Like any business owner, one of Neff’s focuses is keeping his business costs down , and when it comes to travel, one way he’s found to do that is with a good travel rewards card. As Neff has learned, one key to doing that is having a good rewards credit card—and taking advantage of everything it has to offer.

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7 Short-Term Financial Goals and How to Achieve Them

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Pay off high-interest debt Expected time: 6-12 months How to pay off debt: If you’re dealing with high-interest debt, such as credit card debt, paying it off is a great short-term financial goal. Planning for your purchase involves adding up the total cost of your purchase and dividing it by how long you want to save up for it.

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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

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According to a 2022 survey by Deloitte, 36% of millennials and 29% of Gen Z cited “cost of living” as their greatest concern. List out your purchases in an Excel spreadsheet at the end of each month and place each transaction into a bucket. Credit Karma is a great free resource to track the progress of your credit score.

Finance 279
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Everything You Need to Know About Emergency Funds

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If you’ve ever had to pull out a credit card to deal with a dentist or emergency vet bill, you likely know the pain of wondering how you’ll pay for an unexpected expense. To help you get started, focus on saving six weeks of your monthly costs to help you cover most minor emergencies. How much should an emergency fund be?

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5 Ways To Save Money On Hiring Quality Talent In 2024

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Augmenting your staff with freelance talent can help your company to scale quickly while reducing labor and operations costs. It can help your company reduce labor and operations costs, while also meeting your business objectives. This approach provides flexibility throughout the duration of your project and for future opportunities.

2024 246
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3 Common Money Myths Debunked

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In every financial workshop, I hold with 20-somethings, there inevitably comes a point where someone utters the phrase, “But my dad said…” followed by: I should carry a balance on my credit card to improve my credit. TRY THIS: The app Acorns rounds up each of your purchases and invests the spare change.