How are you using your credit cards? Do they sit in your wallet, longing to see the sunlight? Or are you getting the most out of the benefits that come with them? A lot of people claim they have a credit card to “build credit” or “in case of an emergency,” but these are often fringe benefits to having them. What exactly are you missing out on?
Choosing the Right Cards
First, you should figure out what constitutes the “right card” for you. It depends on what you like, to be honest. Does it come with perks like cashback or other kinds of rewards? There are a lot of credit cards that have perks like the Target REDCard, where you get 5 percent off every purchase, or the Chevron Visa Card, which offers a slew of discounts on gasoline. You should research all of the options available to you and see if you can find a credit card offered by stores and locations you frequent.
Recently, I wrote an article about how much is really enough to have in our savings accounts. After thinking about it, I thought to myself, “How much should we have in our checking accounts?” After talking with some people about it, it’s become apparent to me that many people think it should be similar to the minimuim they keep for their savings account.
If you read my last article, you know that your minimum savings should be equal to all of your living expenses plus necessity expenses for each month that it usually takes you to find another job. This is a bit much to require yourself to have in your checking account as well. If you can do it, more power to you. For the rest of us, the idea revolves around purchasing power.
Now that tax season is upon us, I’d like to ask you something: If you’re able to, do you currently have a plan for saving money? Whether or not you do, have you ever considered how much you should have in your savings account? There’s the 50/30/20 rule for budgeting as well as the 10% rule for retirement, but we’re not talking about methods for saving money. Instead of thinking how to save it, I want to get you thinking more about how much you should save.
Most of us are guilty of buying a product that was packaged a certain way out of convenience. The only problem is that it can be expensive to do that. Oftentimes, we go to the grocery store and think about how nice it is to be able to just grab a bunch of individually wrapped items and store them for easy access. Before you think, “Oh, how convenient,” read this and see just how inconvenient that thought really is.
Something that I’ve kept to myself, and between a few close friends, is a personal prediction about Apple: If Apple ever figures out that the US Dollar is more valuable in India than it is in China, it may pull out of China (partially or completely). More importantly, this should be an alarming wakeup call to China. Recently, China has been making some serious demands to Donald Trump. Many liberals have made it clear that they don’t like President-Elect Trump. But this is a time where maybe they should consider something before they start hating on Trump’s attitude towards China.
Now that President Barack Obama is just a couple of weeks away from transferring power to President-elect Donald Trump, news reports are coming out in praise for who will soon be a former president. Recently, I published an article that shows what the employment situation really looks like when we look outside of the confines of the unemployment rate. Let’s apply this concept to the entire tenure of Barack Obama and see exactly how things look comprehensively compared to when he took office.
The University of Oregon’s athletic department has come under scrutiny by students and Duck fans that are upset with how expensive tuition is. Amongst left-leaning people, it’s not uncommon to hear about how expensive athletic departments are. Especially when the university consistently raises its tuition annually. It may not be the most frequently blamed factor, but it is common to at least hear complaints about football coach salaries. All of this led to myself wanting to look into the athletic department’s financials. The verdict? People should stop complaining about the athletic department.