Cheers to the Beginning of Debt?
At last, it is here! After the search for my first credit card, I applied for the Citi® Dividend Platinum Select® Card for College Students and it finally came in the mail. Oddly, I was entitled to only a $3000 credit limit but that doesn’t put me down since I know that I wouldn’t be [...]
The Search For My First Credit Card
So as I have said in an earlier post, I’ve been looking around to get my first credit card. First off, I had no knowledge of how credit cards work besides knowing that swiping it is similar to borrowing money, instantly, and that I had to pay it back with interest. They seemed confusing to [...]
Christmas: Not All About The Gifts
Hope everyone had a merry Christmas! This Christmas, as with many past years, gifts are hardly the main attraction of this holiday in my home. Brought up by first generation immigrant parents, we do not share the common American tradition of exchanging presents. Our typical celebration, as with many other holidays, includes having a large [...]
Saving Early vs. College Financial Aid
Saving money as early as possible is definitely a positive and beneficial attitude to have but sometimes, it may be better to start a little later. Coming from a lower class income family with a household income of about $23,000 and two adults and two college children, paying for school wouldn’t be easy (virtually impossible) [...]
HSBC Direct Reduces Interest Rate AGAIN
Today, I received an email regarding my savings account that put a frown on my face. We are writing to inform you that based on the recent drop by the Federal Reserve, HSBC Direct has adjusted your Online Savings Account rate to 4.25% APY*. At 9x the national savings average**, you are still earning one [...]
