Everyone is always talking about credit scores, but why does your credit score matter? Do credit scores even matter at all? Yes and No. It all really boils down to how you want to live your life. Do you want to borrow money to purchase things like cars or other large purchases? Or do you […]
Category: Credit Cards and Credit Scores
What is a Credit Score?
We all know that credit scores exist and that lenders use them when we apply for a new credit card or loan. These scores may seem like a black box, but they aren’t. So if you’re thinking, ‘so what is a credit score, anyway?’, then look no further. We’ve got you. Credit Score Basics A […]
What Is Considered An Excellent Credit Score
Most teens spend their 18th birthday buying lottery tickets, going out on the town, or buying a pack of smokes or a vape pen. But no us. On my 18th birthday I was focused on building an excellent credit score. I had seen my mom’s credit card get declined too many times to understand I […]
I Want To Get Out Of Debt But I’m Struggling And Feel Stuck
We recently got an email from one of our readers that we wanted to share with you (with her permission). You see, she felt stuck and she was asking for help. We explained to her that we don’t offer financial planning services or 1 on 1 consulting. But we think answering her email can help […]
The Beginner’s Guide to Personal Finance & How To Manage Money
We started The Finance Twins because we were broke growing up and vowed to end the cycle. We didn’t know the first thing about personal finance or how to manage money when we were in high school, but we knew it was important and read everything we could about money for YEARS. The truth is […]
Should I Get A Credit Card?
8 out 10 Americans have credit cards and over half of those consumers carry a balance on their credit cards. With so much differing information out there, it can be hard to understand if you should even use credit cards. This article explores the question ‘Should I get a credit card?’ so that you’ll make […]
Is It Bad To Close A Credit Card – And Other Common Credit Questions
Have you ever wondered whether it’s bad to close a credit card? Or perhaps what you can do to improve your credit score? I saw first hand how important having good credit can be, and want to share some best practices with you. You see, growing up, my parents never had a good grasp on […]
Credit Card Sign Up Bonus – How To Use Them To Your Advantage
Building and using credit should always be for your advantage, not for the bank’s, which is why it’s important to first consider your own financial situation before opening new credit cards. Today we will cover how to identify the best credit card sign up bonus and evaluate which offer (if any) makes sense for you. […]
5 Ways College Students Can Revitalize Their Finances
For most college students, financial considerations stop once they receive their financial aid package. However, more financially responsible or savvy spenders are always looking for ways to beef up their finances. And there’s no better time than winter break. As students return home for roughly a month or two, they have limitless opportunities to seize […]
Credit Card Points And Cash Back Offers Won’t Save You
Credit card points and cash back offers are everywhere. EVERYWHERE. We regularly get messages asking us for advice about which credit card has the best rewards. We both use credit cards to make all of our routine purchases, in part, for these very benefits. What is the other reason we use a credit card? They […]