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Do Rich People Have Better Credit Scores?

It is often assumed that rich people have very high credit scores. The reality is that many different factors are considered in a credit score, but the amount of money a person has is not on that list.

Are You Really Getting All Those Bonus Points?

One of the specific reasons that people sign up for credit cards is the promise of racking up lots of bonus points for spending money on things they ordinarily consume, such as eating out, buying groceries, or having a night out on the town. When you get a glimpse of your monthly statement and see only a pittance in new reward points barely enough to redeem for a set of plastic plates and silverware, it's no wonder why some people wonder if there's a glitch in the credit card company's computers.

Will the Greek Debt Crisis Affect Your Finances?

The Greece debt default has been a major story in Europe for the past several years and has been a major influence on currency markets and international stock markets. Now that Greece has officially defaulted on its debt, the belief is that the country may be about to exit the European Union. Could the issues surrounding Greece's finances have an impact on your personal finances?

Are Banks Becoming Obsolete?

With all of the technology involving banking and financial accounts, everyone is beginning to wonder, "Are banks becoming obsolete?" While there are many arguments on both sides, many of the current financial trends (and technology trends) indicate that we could be closer then we think to this scenario. What will it take for us to cross the line or reach the point when we no longer need banks at all?

6 Key Money Tips for New College Grads

Once you graduate from college, you are officially in charge of your own finances. If you are in your 20s and just starting out on your own, it can be scary to have to balance a checkbook or make sure that your student loan and rent payments are submitted on time. If you have graduated from college after taking time off to start a family or to establish yourself in your chosen field, your student loan debt could be a shock to your bank account. Regardless of where you are in your life now, how can you successfully manage your finances after graduation?

Are Millennials More Susceptible to Identity Theft?

Today's generation, best known to everyone as the Millennials, lives in a world that looks far different than that of previous generations. Along with the many social and cultural changes that have taken place within the past decade, the use of technology for virtually everything personally and professionally has become a way of life. Smartphones, tablets, laptops and more let people handle almost any task from anywhere at anytime. However, with this convenience has also come the new problem of identity theft.

Do Women Spend More Money Than Men?

It is an interesting concept to consider. Who spends more money? Women or men? There are many gender stereotypes at play here that may influence your initial idea of which sex spends more money overall. Women are seen as "addicted to shopping." Many people assume that women love to spend a Sunday afternoon at the mall, picking out a new outfit or purse, while men couldn't think of anything they would despise more. Men, on the other hand, are seen as egotistical, needing to flaunt their wealth by purchasing outrageously expensive items, from fancy cars to gleaming watches.

When Should You Make That Big Purchase?

At every stage of life, there are different purchases to be made. And once you reach adulthood, you are expected to have a car, home, insurance, etc… When is the right time to make these purchases?

How to Use an App to Get a Higher Credit Score

Technology has evolved significantly in recent years, and it has resulted in numerous beneficial changes in many people's lives. If you are like most people today, you rely on your smartphone for everything from communicating with friends and family and monitoring social media accounts to checking your bank account balance and playing games for mindless entertainment. There seems to be an app available for you to download for almost every imaginable purpose, and the good news is that you can use an app to help you get a better credit score.

Is Getting A Perfect Credit Score A Waste of Your Time?

There are a number of reasons why people continue to strive for perfection. Naturally, there’s a sense of satisfaction knowing that you’re doing your best and achieving results. For instance, pitching the perfect baseball game will have positive consequences just the same as achieving a perfect score on your SAT exam. Perfection has its place as well as its perks.

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