Studies show that over 75% of college students have a credit card, and they can be a great asset for a student. Credit cards are convenient, can help build a good credit history and can help young people learn money management skills.

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.

Credit ratings don’t have to be complicated – just make sure to practice these responsible finance tips and you’ll be confident that you can keep your credit score in great condition.

If we continue to believe we are entitled to the best of everything the instant we want it, we will go right back to taking on debt and buying more than we can afford.

We all know that putting everything on plastic isn’t a good idea, but there are certain circumstances when you really shouldn’t be relying on your credit. By avoiding using your credit card in these situations, you will be able to avoid some serious credit problems in the future.

If you want to get high interest on your savings, without the inflexibility of a fixed term deposit, then an online savings account is the way to go. But which one is the best for you? To help us, let’s compare some high interest online savings accounts and find out which one can best boost your hard saved dollars.

Like most things in life, good financial skills start in the home. This generation grew up in the ultimate “buy now pay later” atmosphere that was not only emulated by their parents but by their leaders as well. The fact is that you may have to teach your kids the proper ways to manage money, because quite frankly no one else is going to do it for them.

Credit card debt is a huge problem in Australia and all over the world. Families and individuals have found themselves relying on plastic and digging themselves into a hole of financial burden. However, if used correctly, credit cards can actually increase your credit rating, make it easier to take out loans, and even land you a job.

There are plenty of positive factors related to having credit cards in your wallet, from added convenience in your day-to-day activities to helping you build or maintain a good credit rating.
But plastic also comes with …

It is unfortunate that many personal finance sources imply that lucrative investments are the only way to make money  Buying a second property and the often-volatile stock market are only one way of getting a …

Washington Post recently ran some required reading for all credit card users entitled “Five myths about America’s credit card debt.” Don’t be deceived by the somewhat banal title – this piece is actually very illuminating …

Credit card fraud is a serious issue, and retailers and credit card issuers have enacted a number of measures to help protect your identity and their bottom-lines. But the backlash of tighter security is that …

You load sixteen tons, and what do you get?
Another day older and deeper in debt.
Saint Peter, don’t you call me, ’cause I can’t go;
I owe my soul to the company store…
That’s the chorus to an …