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Both credit cards and debit cards are just smaller, plastic rectangles to replace larger, paper rectangles for payment, right? But what is the difference between them? They are both issued by banks. They both require a merchant to be accepting that brand of card. However, the biggest difference is the fact that, to use a …
Continue reading “Should I Get a Credit Card or Debit Card?”
With tax season upon us, I thought it was as good a time as ever for a short post about the differences between tax deductions and tax credits! Now, always make sure to research yourself, or even better, to hire a professional to help with your taxes (I will do a later post about the …
Continue reading “Is it a deduction? Is it a credit? A Beginner’s Introduction”
Believe it or not, it’s not magic! FICO uses a specific weighting scale to put out your credit score. With credit card debt increasing nationwide, and with the highest annual jump in more than two decades of 15%, I can think of no better time to discuss credit than now (1). Why do credit scores …
Continue reading “How is my credit score calculated? I need help!”