January 6, 2012 – 8:30 am | One Comment

Your best defence against making credit card mistakes is knowledge, and understanding some of the most common myths and misconceptions about credit cards can help you know what you need to manage the plastic in your wallet.

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Home » Archive by Month

Article Archive for May 2008

Are Banks Failing Their Customers?
May 7, 2008 – 12:45 pm | 2 Comments

As someone who has been in the industry, I have to say there are times when we do fail. However, having said that, there are times when customers just don’t want to hear what we’re …

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Annual fees and why they’re silly
May 7, 2008 – 5:42 am | One Comment

Does your credit card have an annual fee? You may not even be sure of the answer to that question; some people don’t bother to so much as glance at their credit card statements, so …

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Who Wants to Be a Millionaire?
May 6, 2008 – 5:16 pm | 2 Comments

I know, I know. You’re asking yourself, “is that a trick question?” because the obvious answer is yes. But seriously, do you want to be a millionaire? From where I’m sitting, most people are saying …

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Life or Debt Part II: A Reason to Fight
May 6, 2008 – 9:33 am | 2 Comments

Just as the presence of debt places psychological burdens upon one’s mind, the vanquishing of debt is arguably one of the most liberating events that can occur in an individual’s life. Is it easy to …

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20 Common Credit Card Fees to Watch Out For!
May 5, 2008 – 2:49 pm | 2 Comments

Every year, banks make literally BILLIONS of dollars from Credit Card fees they take right out of our pockets. Here are 20 of the most common ones to look out for…
Inactivity Fee. Surely you can’t …

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Weathering the Storm – Part II
May 5, 2008 – 12:29 pm | No Comment

The report is in: the economy actually grew last quarter – barely. Economists say that the market’s 0.6 percent growth held off the recession for now. Don’t put away your umbrellas yet – …

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Don’t Judge a Book by Its Cover
May 5, 2008 – 6:29 am | 21 Comments

Being in the banking industry I get asked all the time whether I see archetype customers walk through my doors, i.e. the big spender or the tight wad. The answer is yes, we see these …

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Life or Debt: The Psychology of Consumer Debt
May 3, 2008 – 5:08 pm | 5 Comments

Life or Debt Part I: The Long Term Costs of Consumer Debt
Have you ever stopped to consider what debt takes from you? The natural response is often “money”; that being said, I want you …

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Frugal Family Vacation Tips
May 3, 2008 – 6:17 am | 4 Comments

Summer vacation time is almost here – and with a family of nine, and with the rising costs of, well, just about everything – I need some fun, inexpensive ideas.
Go loco – I mean – …

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Is it Time to Prepare Some Food Storage?
May 2, 2008 – 5:23 pm | One Comment

We see it in the news daily – a recession is looming and food prices continue to soar. We’ve seen the beginnings of food rationing and people are rushing to the stores to buy …

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Decoupled Debit Cards
May 2, 2008 – 8:44 am | 5 Comments

What if you could take the average 7-10 cards that you carry around in your wallet and put them all on one card?
What? How is that possible?
The idea isn’t new by any means and it’s …

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Food Prices are Going Up – Plant a Garden!
May 1, 2008 – 5:24 pm | 3 Comments

Every time I go to the supermarket, I cringe. With the high price of groceries, it makes it hard to put even the basics into the shopping cart. Now that more corn …

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Good Debt vs. Bad Debt
May 1, 2008 – 6:22 am | 13 Comments

But I thought that debt was debt. Isn’t all debt “bad”?
I would say that most debt is “bad”. Think about it: interest doesn’t take sick days or vacations and works 24 hours a …

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