Debit Cards
Debit cards are causing a freeze at the gas pump
Sunday, June 22nd, 2008If you routinely use your debit card at the gas pump, you might be putting your available funds on hold in your bank account for a few days.
The truth is that many of you might get forced into using cash or debit cards at the pump. The increasing costs of gas are costing gas […]
The rest of my debit card story…
Wednesday, June 18th, 2008In a previous post I discussed an issue I had with a former satellite provider who would not allow me to “unauthorize” the use of my debit card. I filed a complaint with the Department of Consumer Affairs. Here’s what happened.
Today, I received a letter. Not only did the company remove […]
Is it OK to use credit cards if you pay off the balance each month?
Friday, May 23rd, 2008A lot of people use credit cards so they can earn “rewards” from the credit card company, such as rebates, frequent flyer miles, etc. They pay off the balance each month and think this is OK.
If you do this, consider:
1.) When you do this you spend more money, even if you pay off your balance. […]
Held hostage by my debit card
Sunday, May 18th, 2008Last month, I decided to save money by bundling my satellite service with my Internet and telephone services. Even though I would be charged a termination fee for canceling my other contract early, in the long run I would save much more money by bundling all three services together and going with a different […]
A free gift for you
Saturday, March 29th, 2008Last summer, Debt-Free-Mom was just a concept. I wanted to create a business that would genuinely impact the lives of others. A few months later I asked Anita if she’d like to join me in this venture, and she was as excited as I was to begin.
Your response has been astounding. Each […]
The dark side of debit cards
Saturday, December 29th, 2007Debit cards seem like such a good idea and in some ways they are.
You don’t pay interest. You only use the money in your checking account so there’s built-in discipline. For some transactions, like hotel reservations and airline tickets, you can’t use cash so a debit card is a good option.
But there’s a dark side […]