statement balance vs current balance

Do You Know the Difference between Current Balance and Statement Balance? (You Should)

Don’t risk the consequence of ignorance – know the difference between current balance and statement balance!

When you check your credit card balance, you’ll typically see two different numbers – a current balance and a statement balance. What’s the difference? And how much do you actually need to pay to avoid interest fees? 53 percent of Americans don’t “completely understand” their credit card terms – don’t be one of them!

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8 Traits of Debt-Free People

Unfolding the Secrets of  Debt-Free People

At a time and age where one in four millennials owes more than $30,000 in college debt, being debt-free seems almost impossible. While many are continually on the look out to refinance their student loans, there are people graduating from college with almost nothing in debt.

Similarly, there are many who are earning average salary who are debt-free and actually closer to financial freedom than those who are making millions yet can barely keep up with their piling debt. What, then, is the secret to being debt-free?

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First Credit Card

Best Credit Cards for First Timers 2017

If you’re looking for the best credit cards for first timers, look no more!

It’s perfectly normal to feel overwhelmed by the myriad of choices out there, especially so as credit card companies are competing hard to offer the best deals and get your business. In this post we rounded up this year’s best credit cards for first timers, just for you.

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First Credit Card

The Ultimate Guide to Your First Credit Card

Are you applying for your first credit card? Don’t worry – we’ve got you covered!

You finally realize you need a credit card – this is a big milestone in your financial life. Your first credit card plays a huge part in building a strong credit history, which makes it even more important to pick the right one.

It’s easy for you to feel lost when the options seem endless. After all, you will have to compare APR, annual fees, minimum payment, transaction fees – things that you might not be familiar with. Fret not, we’ll explain it all here.

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NBA Players Broke

What the Bankruptcy of NBA Superstars can Teach us All

It is hard to imagine that NBA players should worry about bankruptcy after this summer. The signing of Timofey Mozgov started a trend of stunning contracts for not-so-great NBA players. The Lakers agreed to pay $64 million dollars to someone who scored a total of 7 points in this year’s finals series. That’s nearly $10 million per point!

While NBA players got hefty paychecks this summer, they must learn from their predecessor’s financial mistakes. According to Sports Illustrated, approximately 60% of NBA players go bankrupt after 5 years of their retirement. Whether you were lucky enough to be an NBA player this summer or just an average American, here are 4 tips you can follow to avoid bankruptcy.

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Talk About Money Before Saying “I Do”

What does an outdoor country club, a lakefront residence, and a rustic castle all have in common? They each make for a picturesque wedding venue and you may just find yourself as a guest at one of these places this summer. With wedding season upon us, it is important to pause and think about the financial implications of saying, “I do.”

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Get Over the Dog Days of Summer Sports – Save Money at the Ballpark

With the dog days of summer sports upon us, and the Summer Olympics ending Sunday, sports fans are becoming more and more desperate for something to watch. While it can be frustrating to be watching MLS soccer on primetime, summer also means great baseball deals. Unlike tickets to other sporting events, the lengthy MLB season gives you lots of opportunities for ballpark savings.

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