The Credit Card Search Begins
Now that I am closing my Chase card, I have to pick a new one.
I just finished reading the new book by the bloggers over at Wise Bread. Their book, 10,001 Way to Live Large on a Small Budget, gives many thousands (ten actually) of tips on living frugal and personal finance.
Book Review: 10,001 Ways to Live Large on a Small Budget Read More »
If you have $100 today, what is it worth? What would you pay today to ensure you receive $100 one year from now? Would you pay $95 or $105? Bankers, loan specialists, and mortgage brokers are experts in the time value of money (TVM).
It has happened to all of us at one point or another, we see something that we want but do not have the cash in the bank to buy it.
I received a letter this weekend from Chase, the bank where my primary credit card is housed. The letter seemed all nice and fluffy. I am being “upgraded” to a new premier rewards program. I kept reading and everything seemed great… And then I made it down to the end where they drop in a line saying that I will have to pay a $30 annual fee. Not going to happen.
I read Automatic Millionaire a while back, but I think it is worthy of discussion here on Narrow Bridge. It was actually a part of what insipred me to start blogging about personal finance.