Colleen Kane is a writer for CNBC.com covering luxury and unusual real estate as well as travel and other topics. Her essays and articles have appeared in The Oxford American, Bust, Spin, the anthology Madonna and Me, and in many other publications. She created the urban exploration website Abandoned Baton Rouge and more recently set her camera sights on the ruins of Borscht Belt resorts.
Follow her on Twitter @colleenkane
At this year’s end, “Get out of debt” continues to be the “get in shape” of money resolutions. Not far behind that popular chestnut, many people are aiming to raise their credit scores, and another major money resolution is to start or further enrich savings accounts for retirement, emergency, or a child’s education. Another money goal being tossed around this year is a return to using cash in hopes of spending less, and still others express intentions to teach children sound financial habits. Experts in finance chimed in to sum up the biggest concerns they’re hearing among their clients, audiences, and readerships. Here’s our roundup of goals for the new year—and in some cases, a little advice on how to achieve them.
Most people know the importance of making at least their minimum credit card payments on time, and to avoid financial no-nos like bankruptcy and foreclosure if possible. However, some less obvious factors can still make a negative impact on your credit rating. They may seem counterintuitive, and some may go against what you’ve been told in the past, but Tim Chen, CEO of NerdWallet will explain why these five practices can wreck your credit score.
As America napped off Thanksgiving dinner, began Christmas shopping, and lit menorahs, mailboxes across the nation were filling up with year-end donation appeals from charities. But how can you determine which charities best deserve your dollars?