Without doubt, since the world’s first credit card, issued by Diners Club, credit cards have become an integral part of our lives. Some people swear to have only one credit card, whereas others are committed to having different credit cards for different purposes and needs. Nevertheless, using credit cards unwisely can potentially lead to great money losses, increasing debt, reduced credit rating, up to complete insolvency.
Credit cards exist with many different features and terms and conditions, but they have one thing in common: they will usually cost money in one …

Writing this article is a bit strange for me; here I have been blogging for about over a month, providing tips about how I handle my money, yet I have not given a really thorough thought about my own future, and how I can seriously expand my wealth on the long-run… especially on the income side.
This post is the first one of a series, which I would like to call Project Growth. The main goal of this very personal project is to plan my future, and start challenging my life …

I stumbled upon an article the other day, unfortunately I only quickly browsed the site and completely failed to write down the URL. Nevertheless, the article was an interesting one; it described how a woman from Latin America paid back her 25,000 USD loan within a couple of years, by taking on two jobs, letting her children live with her parents, and moving into a 100 USD per month apartment.
Although when I read the article, I felt great empathy and respect for the woman paying off a huge debt within …

At present, countless individuals are feeling the stress of handling their overwhelming debt burden. Consequently, they are resorting to debt consolidation companies to help them deal with their debts and regain financial control. Unluckily, many of them ask for exorbitant fees and give assurances that they are not able to fulfill. Prior to making a commitment to a debt consolidation company, you have to do some homework and think about your options. It can ultimately help you save a considerable amount of money.
 Warning Signals Regarding Debt Consolidation Services
 There are particular …

As I was watching the news this morning, I saw a report about a large number of credit cards, of which the data had been stolen in spain, and how this impacted many cardholer, who had made purchases in Spain. Being a specialist within the industry myself, I could not resist to write an further article on credit card data theft, and how you can deal with it as a credit card holder. This article is based on Visa and MasterCard issued credit cards only.
Each credit card transaction follows a strict procedure and …