Living without our bank accounts would be a major problem. They help us save money. They provide a sense of safety and security. We do not need to fear that we will be robbed of all our money in a single day. In addition to both these factors, bank accounts also accrue interest for us on our savings. So there…
Tag: Accounts
Accept Business Credit Cards Empower Your Business And Your Clients
Businesses today are increasingly making use of business credit cards to transact, both as vendors and as buyers. This trend in spite, there are still a number of vendors who do not accept business credit cards from their business clientele. The truth of the matter is that if such a vendor wishes to achieve higher trading volumes and increase its…
Improve My Fico Score 5 Key Components
Your FICO, or credit, score is calculated independently by the Big Three credit reporting agencies (viz., Equifax, TransUnion, and Experian) based upon a shared formula. Your score has a huge influence on your financial health. An improvement of just 40 or 50 points can mean paying hundreds less per month for a 30-year mortgage, for example. Anything you can do…
Top 7 Questions About Your Credit Score
Here are the top 7 questions we hear from consumers about credit reports and credit scores… 1. Will closing paid off credit card accounts improve my credit score? This will surprise many of you, but closing paid off credit card accounts can actually hurt your score in two ways. In “Your Credit Score”, Liz Pulliam Weston explains: A. Closing accounts…
Offshore Banking When It Pays To Go Abroad
While you might presume anyone with ‘money in offshore accounts’ is involved in some scurrilous business affairs, the truth is that anyone can use this form of investment as a totally legitimate way to defer or reduce your tax payments. Locations for offshore accounts can be held in banks in British waters – the Channel Islands or Isle of Man…
Not To Late To Make 2005 Ira Contribution
Many Americans make annual contributions to individual retirement accounts. If you haven’t done so for the 2005 tax year, you still can. Not To Late To Make 2005 IRA Contribution Contributing to individual retirement accounts just makes sense. Most don’t believe social security is going to survive for long. Even if it does, one has to wonder how small the…
When Not To Cancel Credit Cards
We have an article that details the benefits of canceling old, unused credit cards, but is this always a good idea? The answer to that is no. There are times when keeping a credit card line open is actually more beneficial to your overall credit health than closing it. One occasion when you might want to hold off on canceling…
How Senior Citizens Can Simplify And Organize Their Finances
Everyone can use some help getting their financial affairs in order, but especially senior citizens who may face special challenges and decisions involving money management later in life Simplify your life: Have your Social Security benefits, pension payments and other income automatically deposited into your bank account each month. Direct deposits are safe, reliable and convenient. Also arrange with your…
10 Most Likely Cancers You Are Going To Get
One of the greatest concerns America has today is cancer. The figures are alarming according to the National Cancer Institute studies a total of 1,372,910 new cases of cancer and 570, 280 deaths were predicted for the year 2005. Approximately one in every four deaths is due to cancer. Research indicates that the lifetime probability of developing cancer is higher…
Is Electronic Banking A Good Idea
Electronic banking also known as online banking is a great way to do your banking business without having to leave home. With today’s added security features, this is also a safe way to do your banking. However, with all things “online” you need to take some precautions. Electronic banking is simply the process of doing your banking transactions via your…