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.
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.
There are a lot of arguments as to why people should live on campus. There are no utility bills to pay for, a meal plan, and you’re right there on campus so it takes a few minutes to get to class. At the University of Oregon (UO), the least expensive option that one has a chance of getting in to is over $11,000 per academic year. That’s over $1,200 per month and then there’s a fee to stay over winter break. There’s gotta be a better way to do this. You know what? There is!
Recently, I wrote an article about saving money. While the tips I gave in that article were mainly good for those who have just graduated from college, I decided that I should write about savings techniques for many of us. That is, those who are still in college. We scrimp. We save. No matter what we do, it always seems like we can’t save any money for anything we want or need. This may seem true, but I assure you that at least one of these tips will be helpful.
Often times, we will need to make a purchase and will want to pay as little money as possible. Our families sometimes teach us different skills when it comes to looking for good deals. One known tactic by grocery stores is to put the more expensive items on the shelf that is either most convenient or eye-level. Even though we learn many ways to find ourselves a really good deal, we need to ask ourselves deep down inside: Is this really a good deal? Below are some things that we tend to overlook and wind up either overpaying for or are discontent with what we bought. Whether it’s an oil change or a car, this is a good read.