provided by Published 3:00 pm CDT, Friday, September 21, 2018 MoneyTips "I picked up a really bad case of debt from my ex, and I can't get rid of it." You can pick up several unpleasant surprises from a sexual partner, but have you considered painful, lasting financial ramifications? According to a recent survey from Finder.com, around 74 million Americans have picked up a "sexually transmitted debt," a debt that's assumed as part of a relationship. The study determined that the average sexually transmitted debt (STD) works out to $11,485, with most acquired through marriage (28%) or in a divorce settlement (14%). In some states, the IRS says debt taken on by either spouse after the wedding is automatically a shared debt. The remaining reasons in the top five all relate to spending. Purchases made in a partner's name account were cited in 25% of the cases, while joint account purchases were cited in 20% of the cases – and the dreaded secret spending account was a … [Read more...] about Don’t Catch Sexually Transmitted Debt!
provided by Published 3:00 pm CDT, Thursday, September 20, 2018 MoneyTips Miss a credit card payment, and you'll suffer the consequences. Your credit score will drop significantly, since on-time payments are the number one factor in determining your credit score. You'll pay late fees and possibly incur a penalty APR. Interest charges will pile up on your unpaid balance. So why do so many Americans miss credit card payments? A new NerdWallet study suggests the biggest reason may be summed up in two words – "I forgot." According to the study, 35% of Americans who miss credit card payments simply forget to make them – edging out the one-third who don't have the money left over after paying for essentials and the 32% who had to deal with an unexpected financial emergency. At least you have an excuse if cash flow is your problem – but it's not much of an excuse. Over half of study respondents (56%) blame the rise in delinquencies on overspending on … [Read more...] about Why We Don’t Pay Our Credit Card Bills
provided by Published 9:00 am CDT, Tuesday, September 11, 2018 MoneyTips A Stressful Experience What's the most stressful event you've had in your life? Applying for college? Going on a job interview? Hosting Thanksgiving dinner for your entire family? According to a recent survey by Homes.com, buying a home tops all of those events as "the most stressful event in modern life." One-third of respondents said they were driven to shedding tears at some point during the process. One in ten homebuyers claimed to have buyer's remorse after their home purchase. Home buying can be a prolonged and confusing process – but you can reduce the stress with research and realistic expectations at every step. Know What You Want It's easy to fall in love with a home at first sight, but you must look at your purchase with a practical eye. According to the survey, the average family viewed six homes before making their choice. However, the high rate of buyer's remorse suggests … [Read more...] about Stressed By Home Buying? Don’t Be
provided by Published 9:00 am CDT, Friday, August 17, 2018 MoneyTips Credit card issuers generally offer a grace period that allows you time to pay your bill without incurring interest charges on your purchases. The grace period usually lasts two or three weeks from the end of the billing cycle, and will be incorporated into the due date on your bill. Pay your bill in full by the due date and there will be no interest charges on any of your purchases. Carry a balance over to the next billing cycle, and you will be charged interest on the remaining balance. However, the grace period usually does not apply to cash advances. Without a grace period, interest starts accruing from the date that a transaction is posted. To avoid unexpected interest charges, you must check the terms and conditions of your credit card and adjust your payment strategy accordingly. Credit card companies love cash advances because they generate significant income. Payment industry experts R. K. … [Read more...] about When You Don’t Have A Credit Card Grace Period
‘I don’t think our ice cream would look out of place on Fifth Avenue’ BelfastTelegraph.co.uk Even as a child, Michael Nugent knew he wanted to follow in his father's footsteps and make and sell ice cream. https://www.belfasttelegraph.co.uk/business/northern-ireland/i-dont-think-our-ice-cream-would-look-out-of-place-on-fifth-avenue-37189104.html https://www.belfasttelegraph.co.uk/business/northern-ireland/article37190682.ece/2a940/AUTOCROP/h342/2018-08-07_bus_43039094_I3.JPG Email Even as a child, Michael Nugent knew he wanted to follow in his father's footsteps and make and sell ice cream. Despite his dream, he went to Queen's University in Belfast to study civil engineering. However, after a year working for a leading international infrastructure group, he walked away from it all to start up Nugelato. The company manufactures and sells ice cream and gelato at its premises in Newcastle and Newry, as well as at a recently opened franchise in Bangor. It was a … [Read more...] about ‘I don’t think our ice cream would look out of place on Fifth Avenue’