Feb 21
New rules enacted by Congress over the last few years have resulted in credit card issuers scaling back on their reward programs. Travel rewards, one of the most popular categories, was hit hard with more miles or points required for redemption and fewer earning opportunities. On top of that, new fees for baggage and snacks have caused even more consumers to shun airline reward cards. But with issuers revamping their programs, consumers may find good reason to reconsider them, especially frequent fliers. Even with an annual fee, the changes may make it worth taking another look.
Reward cards in the third quarter of 2010 accounted for approximately 40% of 1.2 billion credit card offers issued, up 30% from 2009. Airlin
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Tags: New, New Heights
Feb 21
Baby Boomers will tack on an additional four years to their work lives before being in a position to retire on average, a new survey released by a U.S. accounting organization revealed.
Despite improved confidence in the stock market Baby Boomers—which represent 37% of the U.S. population—will add on an average of four work years to their lives before taking the leap into retirement, according to a recent survey from the American Institute of Certified Public Accountants.
There are roughly 77 million Boomers in the United States, all born between 1946 and 1964. The
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Tags: Baby Boomers, Boomers
Feb 21
Many things become shared when you tie the knot – a home, holidays, and the remote control. What many people may not think strongly enough about – shared finances – can often become the white elephant in the room if a couple isn’t careful. Sharing a credit card, and finances in general, can be a wonderful thing when you are married, but it can also lead to disagreements and tension in your home.
Usually good communication and responsible behavior can lead to a successful financial partnership. Not all shared credit card experiences will be the same from one couple to the next. As long as you and your spouse are on the same page with your expectations and goals for your joint credit card account, things should go well for you.
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