If you’re struggling to curb your urge to splurge, you may want to keep better track of your recent purchases. A forthcoming study in the Journal of Consumer Research found that impulsive spenders tend to conveniently ‘forget’ just how much they spent the last time they indulged.
The news was a shock: 35 percent of adults have a debt in collection on their credit report, with an average of $5,178 owed. If those numbers sound too high, it’s because they are. Debt is a big problem for many people, but a third of the country does not have a wolf at the door.
During the week, I often make stops after work to pick up a few things — milk, groceries for the night, toiletries and/or an impulse clearance find. On several occasions after swiping my card for these items, I wasn’t prompted to sign for my purchase. I had the terminal pen in hand, all ready to sign on that magnetic terminal pad. But instead, the cashier handed me a receipt and said I was "good to go."
Recently, I wrote a three-part series on how to start investing. Today, I want to look at an advanced topic. Generally, I avoid advanced topics in investing, for two reasons: 1. Most people don’t even have a grasp of beginner-level investing yet. 2. The vast majority of “advanced” investing techniques can’t beat a simple, diversified portfolio [...]
Are 1,300 lawsuits a week too many for one lawyer to sign? The federal consumer protection bureau thinks so. It is cracking down on a debt collection law firm in Georgia, sending a warning to collectors who use the court system as muscle.
If you’re trying to decide whether or not to buy something, you could have a harder time passing it up if it reminds you of a happy moment from your past. According to a new study forthcoming in the Journal of Consumer Research, feeling nostalgic may cause some people to spend more than they would otherwise.
For the first time in perhaps decades, I received a payment overdue notice. I applied for the American Express Premier Rewards Gold card in early spring to take advantage of its 50,000 Membership Rewards points bonus offer with the $175 annual fee waived the first year. I was approved and had to spend $1,000 within three months to get the points.
Spending the $1,000 wasn’t a problem. Paying the bill in a timely manner was.
Whether you’re hitting the open road this summer or looking to maximize the life of your vehicle, here are five ways to keep your car and wallet running smoothly. Comparison shop Finding a local garage or car repair shop you can count on is about as important as finding a doctor you can trust. Do [...]
As the credits rolled on Adam Baker’s I’m Fine, Thanks documentary, tears streamed down my face. I had watched his TED Talk earlier that day about getting rid of your crap, paying off your debt, and doing what you love. I yearned to have the “freedom” he talked about in both videos. That’s when I [...]
I made my 3-part student loan repayment budget. I selected my payment plan. I was starting to come to terms with the monthly sacrifices I’d be making to pay off my student loan debt over the next decade. And then I saw a shelter dog’s big brown eyes.