My budget-analysis for 2010 reveals that I need to improve in the following areas – I need to spend less money on convenience store items – bottled water, sodas, chips, etc. When I fill up at the gas station, I almost always grab a snack, too. This habit is bad for both my waist line and my wallet. Add this…
Month: November 2010
Over 8 Million Users Stopped Using Credit Cards In 2010
According to a recent press release from credit bureau TransUnion – TransUnion’s analysis estimates that more than eight million consumers stopped actively using bank-issued, general purpose credit cards over the past year. This deleveraging is believed to be due in part to charge-offs in the higher risk segments of the population, more conservative spending in the low-risk segments, and significant…
Do You Know How Your Mortgage Lender Applies Additional Principal?
Each month I make my regular monthly mortgage payment – the fixed payment amount found on my monthly statement. I use billpay from my bank. My lender requires that a full, monthly mortgage payment be made. In other words, I cannot split my payment into two payments, sending half on the first day of the month and the other half…