For many Americans, January is the most dreaded month for receiving credit card statements. If you have made the unfortunate mistake of giving your credit cards an extreme workout over the Holiday Season, you are about to start feeling the consequences of your spending actions. Early in December, thirty-eight percent of all consumers said they […]

Photo Credit: reynermedia via Compfight cc Prepaid credit and debit cards have no doubt gained popularity in America.  Offering the look and function of a bank debit card without the bank. Americans spent about $65 billion on prepaid debit cards in 2012 according to CNBC, and that number has risen each year since. For many, […]

Giving your kids an allowance is a great way to teach them how to manage money and save for the future. There are two main ideas about allowances. Some parents believe kids should earn their allowance by doing chores. Others think that chores should be done because it’s a family responsibility, and allowance should be […]