Search Results for: blog credit vs debit dave ramsey weighs in

Tips For Securing A Mortgage

Getting a mortgage is not as easy as you might think. There are many things that could come between you and the financing that you need for your new home. I have collected information about some common mistakes that can hurt your chances of getting a mortgage so that you can avoid them. One thing that can hurt your chances of getting a mortgage is applying for other credit around the same time as the mortgage, such as a car loan or a new credit card. Also, job hopping makes lenders hesitant to approve a mortgage because they can not … Continue reading →

Financial Lessons From The First Family

I’ll admit it; I am one of those people that are curious about other people’s finances. My curiosity does not come form any desire to gossip or to be nosy; it is motivated by a sincere admiration for those who are financially adept and a desire to educate myself about how they keep their finances in good shape. Today I came across some interesting information about the finances of a very interesting family – the Obamas. Some details of the Obamas’ finances are public knowledge, and there are lessons that we can learn from what we know. For example, did … Continue reading →

Credit vs Debit: Dave Ramsey Weighs In

If you think that using a credit card is safer than using a debit card, you may change your mind after hearing what personal finance guru Dave Ramsey has to say about the real advantages and disadvantages of using credit and debit cards. According to Ramsey, one very important disadvantage of using credit cards is that they allow users to incur debt – something that does not happen with debit cards because you are limited by the amount of funds in your bank account at any given time. I really never thought about it that way, but it makes a … Continue reading →