I agree with some of the new federal initiatives to prevent identity theft and protect consumers' privacy. But they can only do so much. The pressure is now on financial institutions to provide the most secure technology available.
Any presidential candidate should make the baby bond a central plank of their 2016 if they want to seriously address the problem of wealth inequality. Without such a proposal, wealth, and therefore political power will become increasingly concentrated in the hands of a small elite.
To be clear, when I'm saying "benefits," I'm not referring to the tons of rewards that you can earn. I'm talking about the perks that often come with pages of fine print -- which we never bother to read.
In a slow economy. Big companies can absorb losses, establish reserves, raise prices. Small businesses, including mine, have less resources and flexibility. We are exposed -- more exposed to this problem than anyone else.
NextAdvisor.com surveyed Facebook users ages 18 and older throughout the U.S. to find out exactly what they do and do not know about their cards. Shockingly, we found that most don't know the basics about their cards and are even making some crucial mistakes when it comes to credit.
The holiday season is a time to give back to those who are less fortunate and if you are considering making a donation from your credit cards rewards, be aware of the tax implications involved with this type of donation.
One of the more pervasive travel practices is calling something "free" when it's not. Like Southwest Airlines' clever Bags Fly Free campaign, which should actually be called, "Bags Are Included With Your Ticket." But it doesn't have the same ring to it, does it?
While running your own small business can be a deeply rewarding and exciting enterprise, you definitely need to play it smart to stay ahead of your competitors, even if they have far more resources at their disposal than you do.
At the intersection of Highway 20 and Highway 101 in Willits, Calif., you'll find three service stations. But look closely before you pump gas, otherwise you could pay a lot more than you expect. What follows is a cautionary tale about junk fees from an industry we tend to ignore.