A new car might be the worst investment in the world. Why? A new car loses 15% to 20% of its value the minute you drive it off the dealership lot! But this phenomenon is not limited to new cars – used cars also quickly lose their value. If you are financing your car, it
Do you try to cure the common cold by using the best nose tissues money can buy? Of course not. Though tissues help with symptoms, to avoid a cold, you have to go after the root cause: exposure to the flu virus. In the same way, when dealing with problems related to money, the root
Zero percent balance transfer credit cards offers are back. In the past few months, I’ve talked about how to best use a balance transfer, and I’ve offered tips for how to responsibly use 0% balance transfer credit cards to get out of debt. But there’s another way in which you can use a 0% APR
In another recent article here on Money Crashers, we offered some suggestions on how to opt out and get less junk mail coming to your house. You can even use websites like Catalog Choice to stop junk mail. I think the reasons for blocking junk mail are sound, and probably smart, except… well, I like
In my last post about balance transfer arbitrage, I pointed out that banks and credit card companies are once again offering 0% introductory rates on transferred balances. Several years ago, it was common to find balance transfer offers where there was no balance transfer fee, no interest, and the user was not charged an annual
Several years ago, in a more naive financial universe, someone discovered the art of “balance transfer arbitrage,” where you could basically take advantage of credit card companies offering 6-12 month 0% loans, put the money in a high-yielding savings account, and make a bunch of money in interest within the time frame. As time went
