Credit cards have the potential to add extra value to everyday expenditures, with very little effort on the part of the cardholder. By spending within your means and paying off your card each month, it’s extremely easy to get a kickback from every single purchase without any negative effects.
Tapering – the end of quantitative easing – has finally arrived, bringing an epilogue to the era of cheap money. How will tapering impact the economy, and what does it mean for the common public? In this article, Financial Literacy columnist Bradley Tian examines the working and implications of the tapering process.
To say that my AP Economics teacher had a credit card dedicated to burritos when he was in college is slightly misleading. While it’s true that he solely bought burritos on that credit card, the object of his purchase was arbitrary. Whether he bought burritos or tacos, either way my AP Economics teacher would have learned good borrowing practices and bolstered his credit score through the process of borrowing money and paying it back.