How Long Will it Take to Pay Off Your Credit Card Debt?
January 26, 2010
One item which most young people aren’t aware of is how costly it can be to carry an active balance on your credit card. It’s really important to pay off your credit card debt as soon as possible so you don’t end up paying heavy interest fees.
The Investor’s Education Fund recently launched a site to tell [...]
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Understanding Credit Card Use
Last week I gave a talk on what parents can do to help young people become financially savvy, and a few really good questions came up.
I’m going to split these up over a few posts, so today’s question is: What can you do as a young person to avoid falling into the trap of buying [...]
Are Credit Card Rates Changing?
Image via Wikipedia
I’ve recently been reading that credit card companies are changing the rates for some of their cards. MarketWatch cites one case where someone in the US who claims to keep in good standing on his card recently had his interest rate almost tripled from 5.5% to 14.99%.
He asked why the bank jacked up [...]
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Adam Goodman is the author of Following The Goods Financial Management for the Young and Ambitious. Throughout his life, Adam never took ownership of his financial knowledge and no one ever sat down with him to explain what it meant to plan for his financial future. Luckily, while at business school, Adam finally learned how to be smart about financial management and he is here to share what he has learned along his journey with you.
Adam's past experience includes owning and operating his own consulting firm, as well as working as a Consultant with Deloitte & Touche. Adam is currently in a sales and marketing role in the telecom industry.
