For some reason, I have been getting several video recommendations encouraging people to use credit cards instead of debit cards. However, many proponents of the FIRE movement advocate not using credit cards at all. Obviously, this advice is contradictory coming from so many financial gurus. As for me, I take the middle road when it … Continue reading When to Use a Debit Versus a Credit Card
It is very important to teach your child about managing money from an early age. This is especially the case in the unstable economic times of today's world. Our children deserve the best financial future and this starts with them learning how to properly manage money. Sound money management skills are foundational to building generational … Continue reading 3 Simple Ways to Teach Your Child Money Management Skills
When I was an expat I never gave too much thought to the benefits of no-foreign-transaction-fee credit cards. It may sound odd, but this has only recently become a concern for me. In all of my expat and international travels prior to the past few months, I only had one small brush with foreign transaction … Continue reading The Benefits of No Foreign Transaction Fee Cards for Expats
Credit cards are a vital part of everyday life for the average person because they have become essential tools in the online marketplace. So based on the widespread scope and use of credit cards I wholeheartedly recommend that every independent adult carry a credit card. This simply makes life easier from many perspectives. The benefits … Continue reading Should I Get a Credit Card if I Have Poor Money Management Skills?
A number of my financial coaching clients ask me if they should apply for a new credit card in order to reap the benefits of sign-up bonuses. I must admit that these programs are quite tempting as a number of them offer significant cash, travel, or other rewards. I have personally reaped the benefits of … Continue reading How to Make Credit Card Sign-up Bonuses Work for You (And Not the Other Way Around)
When it comes to business finances, choosing the right business credit card is a must. Not only is a credit card important in establishing your business credit history, it is also a viable line of credit that your business can benefit from during periods of financial instability. Likewise, business credit cards are a great resource … Continue reading How to Choose the Best Credit Card for Your Business