So, I thought I’d do a quick series on financial maxims by age. I’m sure the information isn’t Earth-shattering, as most of you probably know this, but I’ll try to include helpful information for you as you plan your financial journey from now until retirement.
This is a car rental rewards question from a reader :
I am looking for a card that has car rental rewards similar to airline rewards - e.g. accrue 25k points and get $500 applied to car rental. What cards offer car rental rewards??
I love dissent and I love a good debate. My views on the proposed credit card bill of rights is well known (I strongly support the idea). From the Huffington Post blog site, comes a different view on the regulation of the credit card industry. Alan Schram, a hedge fund manager has written an editorial titled “The Folly of Credit Card Regulation.”
A credit union receptionist blogged today about her “pet peeves” at work. I’m not going to link the blog or go into detail about what was written. Not that what was written was all that bad. In fact, many of her mentioned frustrations are quite commonplace - shared by plenty of frontline personnel across the entire universe of service organizations.
In my previous post, I mentioned how Chase actually upgraded my credit card to a Visa Signature status. However, for many folks, getting their credit lines cut and interest rates raised even though they have always paid on time or even paid in full, seems to be happening more frequently these days.
I just got another letter from Chase. Once again, I feared that my credit lines would either be reduced or my interest rates increased (even if I use no where close to my credit limits and pay in full automatically every month!). But phew, instead the letter was telling me that I’ve upgraded my card. Here was what the letter said:
It always amazes me how willingly people hand out their account information, even something as simple as a debit card. Admittedly, I’ve let my boss run over to Chipotle to get lunch with my debit card, but I’m a little more secure in the fact that she’s not going to try anything funny being my boss and all. Plus, I trust her personally. There are very few people in this world I’d give my card to, though. For others, it’s not a big deal at all and I just wonder why that is.
Sallie Mae just came out with a report that summarizes trends in credit card use among college students. The results are pretty eye opening. I would like to discuss them for a moment before issuing my recommendations for credit card use in college.
When I first started this blog in 2006, I checked out various other personal finance blog and came about Blogging Away Debt. It turns out that this blog was written by Tricia and back then, she had over $37+ in credit card debt. She started a blog to, well, document her journey to reduce (or rather eliminate) her debt. A couple of weeks ago, I asked if I could be the first to interview her when she is finally debt free. She told me that was cool and as a matter of fact had wired in the check to completely get her credit card balance to zero. Last week, she announced that she was officially credit card debt free!.
I think this may have officially been one of the longest weeks of my life! TGIF! That said, I’m tired and ready for bed! Hope your week was better then mine! Here’s the links for a bunch of great reading this weekend.