My Money Magazine

Credit

Cash Back vs. Rewards Credit Cards

Ah, the sweet rewards of using credit! Not only do you get immediate gratification with the buy now-pay later plastic, but now, many credit cards offer rewards and incentives for using their card to make purchases. You can get cash back, or gift cards, or ‘reward points’ that you can spend on merchandise or services from various merchants. There are also cards that allow you to designate your ‘cash back’ points to a charity... 

Loans

Should I Get a Consolidation Loan?

If you’ve got a really unmanageable amount of credit card debt, you might be considering a consolidation loan. A consolidation loan is a loan that you can use to pay off all your debts, meaning that you can pay them off for less money without having to worry about lots of different bills. Like anything, though, consolidation loans have their advantages and their disadvantages, and it pays to take a careful look at what they offer before you... 

Mortgage Refinance

Mortgage and Credit Card Companies Under the Spotlight on Consumer Charging

For the first time since May 1996 reports have indicated that wage increases have risen faster than house price inflation. According to Nationwide, “The overall picture remains one of a gently softening market”. The signs indicate that the housing market activity is finally starting to pick up, with estate agents reporting that buyers have begun returning to the market and sellers are more willing to negotiate on prices, however transaction... 

Personal Finance

7 Simple Ways To Save Money

Each of us knows how to spend money, but do we really know how to save our money? No, I am not necessarily talking about setting aside funds for an investments purposes ? a good thing ? but saving money on everyday items. Here are seven simple ways you can save money: 1. Use Appliances That Are Energy Efficient. Chances are your old refrigerator or washer is a pig on fuel. When shopping for a new unit, make sure that the energy rating is high. However,...