Credit Card vs. Debit Card: Week 1 of 2

We all know that having a debit card and having a credit card has perks. Over the next two weeks we will discuss the advantages of both. This week we will look at the advantages of credit cards. Some wonder if it is best to get rid of the credit card completely and just use a debit. Well, the answer is no. You need a credit card in order to build credit. Here are some of the other perks of credit cards.

  • Zero liability. Most credit cards offer zero liability. If your card is stolen and there are unauthorized transactions made, you still have access to your funds while the bank fixes the problem. With a debit, you will receive the money back, but it may take a while.
  • Building up a track record. Like we mentioned earlier, building up a credit history is important. Your credit score is a vital part when it comes time to take out a loan for a car or a home. Continue reading “Credit Card vs. Debit Card: Week 1 of 2”

Week 2 of 2: Back to School Savings

Last week we discussed how to save on school supplies for the upcoming school year. This week we will discuss ways to save on clothing. Try these money-savings strategies when shopping for uniforms or clothing for back to school:

  • Don’t opt out hand-me-downs. If uniforms are required, try to find an older sibling, friend or neighbor who you can borrow or purchase their used uniforms.
  • Sell your gently-used uniforms for cash. There are some consignment stores specifically for school uniforms. If there is not one in your area, you can always put the word out that you are selling your child’s used uniforms – if they are still in good condition!
  • Buy used uniforms. Try visiting a local consignment store. You may also get lucky and find backpacks and other items for less! Continue reading “Week 2 of 2: Back to School Savings”

Week 1 of 2: Back to School Savings

Most of the excitement that comes with a new school year is the new school supplies and clothing. Over the next two weeks we will discuss savings on clothing and supplies for the upcoming school year. Whether you are shopping for your kids or a college student paying for yourself, it is not necessary to break the bank! Consider these tips when shopping for back to school supplies:

  • Shop year round! Always be on the lookout for notebooks, pens, pencils, or calculators on sale. When you find something, go ahead and buy it and pack it away until you need. You never know when something may come up and it may not be the best month to spend the extra money. Shop smart and buy when you can.
  • Rent textbooks. If you are a college student looking to save some money on textbooks, consider renting instead of buying. You will spend a lot less and avoid being told that the bookstore is no longer using your book anymore when trying to sell it back! Continue reading “Week 1 of 2: Back to School Savings”

Plan a Budget Friendly Trip

With the last six weeks of summer upon us, you may be in search of some resources to help you plan a budget friendly trip. We have already done the searching and have come across some fabulous finds for your end of summer getaway. Visit this travel saver website to find out where you can travel that is within your own personal budget. All you … Continue reading Plan a Budget Friendly Trip