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 […]
Category: Credit Cards and Credit Scores
What Is Considered An Excellent Credit Score
On your 18th birthday were you focused on building an excellent credit score? Some teens spend their 18th birthday buying lottery tickets, going out on the town, or buying a pack of smokes or a vape pen. But not us. No, we went to our after-school jobs so that we could make some spending money […]
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 […]
Drowning In Student Loans
As we discussed in our intro to paying for school post, a college education is E-X-P-E-N-S-I-V-E. And most people would agree that the cost is out of hand! The cost is so high that you might even feel like you aren’t able to pay off student loans at all. You wanted to go to college […]
What is a Credit Score?
Everyone knows that credit scores exist, but ‘what is a credit score?’ is a question we often hear. Credit Score Basics A credit score and a FICO score are the same thing. It is a number that can range from 300-850. A credit score represents how likely a person is to repay their debt. An […]