Finance Globe

We all like to keep our bank balances high enough to cover the transactions we made. Unfortunately, there may come a time or two when that's not the case. Maybe you weren't keeping up with your balance and accidentally overspent or perhaps you thought a deposit would clear sooner than it did. Many banks will do you a favor and pay these overdraft transactions for you, but this courtesy isn't free. Each time the bank pays a transaction...

Many people end each year with loads of credit card debt leftover from holiday shopping. If you don’t want to start the new year off with thousands of dollars in credit card debt, being a smart credit card user is key. Start with a $0 balance. If you use a credit card that has a balance, your holiday shopping will just add more debt to what you already have. It's also much easier to track your spending...

The financial decisions you make in the months leading up to your car purchase will play a big role in whether you’re approved for an auto loan and the interest rate you pay. Making the right money moves is key to a smooth car purchase.  Keep only the credit cards you have. Opening new credit cards can hurt your credit score in two ways: by adding additional inquiries to your credit report and lowering your average credit age....

Your finances can spiral out of control before you even realize it’s happening. Dealing with out of control finances can be stressful, but with time, effort, and patience, you can regain control of your finances. Learn to say no – even to yourself. It’s easy to lose control of your finances when your money is allocated to too many different things. Take back control by cutting out unnecessary expenses, even some things that you enjoy. Be...

When you’re job searching, you expect for it to take up a large portion of your time. However, you might not expect it to cost a lot of money. Sure, you’re looking for a job so you can make money, but you may have to spend a little money in the process. Here are a few job search expenses, you might have to pay as you seek new employment. Professional clothing. You may have to spend...

Many people put saving money at or near the top of their list of financial goals. Still, saving money can be tough for people at all income levels. If you've been working toward building a bigger savings, use these tips to help reach your goal. Spend less than you earn. Perhaps the most important thing you can do to build your savings is to reduce your spending. Creating a gap between your income and your spending...

Choosing your first credit card as a student can be confusing. With little or no previous credit card knowledge or experience, it’s easy to pick the wrong credit card. Unfortunately, choosing the wrong credit card can lead to serious credit problems that affect your life for years to come. Here are some of the most important things to consider as you choose your first student credit card. Reputable credit card issuer. Picking a credit card from...

More than 7 million Americans work multiple jobs according to the U.S. Department of Labor Bureau of Labor Statistics. Some people work a second or third job to make ends meet, to reach financial goals, gain more experience in an industry, or fulfill a passion. One thing is for sure, managing multiple jobs can be mentally, physically, and emotionally taxing. Paying more attention to organization and time management can help relieve the stress that comes with...

If your checking account balance frequently approaches or zips below $0, you’re not managing your account well. Low checking account balances can be stressful and put you at a high risk of overdrafting. Maintaining a minimum balance in your checking account, a buffer so to speak, can benefit you in several ways. Avoid monthly account maintenance fees. Gone are the days of free checking accounts. Many banks now charge a monthly fee on even the most...

Credit cards offers get better and every year. With longer introductory rates and more generous sign up bonuses, you may be tempted to apply for every great credit card you see. However, there are times that applying for a credit card isn’t in your best interest.  1. When you don’t have a steady source of income. Credit card issuers are required to ask for your monthly income before approving you for a credit card. But, if you...