Kimberly Rotter

Kimberly Rotter

Kimberly Rotter is a writer, businesswoman and mother in San Diego, CA. She holds a Bachelor’s degree in English, a Master’s degree in Business Administration, and a Graduate Certificate in Distance Education. Kim and her husband own two homes, a couple of vehicles and a few investments, and they live with minimal debt. Both are successfully self-employed, each in their own field. Learn more at

Choosing the Best Credit Card for a Teenager

Many parents want to teach responsible money management to their kids, and that includes putting the right credit card into the child’s hands at the right time. Even for families that abhor debt, this is an essential exercise and one that takes years of preparatory lessons. A thorough understanding of credit and debit cards, along

Getting a Mortgage After Bankruptcy

Bankruptcy happens when a debtor does not have the means with which to fulfill all of his (or her) financial obligations. Filing for bankruptcy doesn’t necessarily reflect on the person’s moral compass or integrity. In some situations, particularly where there is negative cash flow (more money going out than coming in), declaring bankruptcy may be

The Text Message That Could Save Your Credit Score

What do mobile phones and credit scores have in common? Answer: you and your accounts. Mobile phone use in the U.S. continues to rise—about 90% of all adults own a cell phone. For adults between the age of 18 and 49, cell phones are nearly universal. A whopping 98% of 18-29 year olds own a

3 Big Reasons to Avoid Title Loans

A title loan is a short-term loan that uses the borrower’s car as collateral against default. If the borrower does not repay the loan, the lender can take possession of the vehicle. Title loans are typically limited to 25 to 50 percent of the car’s value, and the repayment period is usually short (often just

Is Your Credit Card Interest Tax-Deductible?

With tax-time right around the corner, many of us are looking for ways to reduce our liability to Uncle Sam. For consumers who carry a balance, credit card interest can be a significant expense throughout the year. Is credit card interest a line item we can use to lower our taxable income? Yes and no.

5 Money Management Tips That Could Change Your Life in 2015

We all juggle a myriad of budgetary details and obligations. Anyone who is fortunate enough to enjoy some financial success must also bear the burden of greater complexity in planning how to best use it. Money management is not a pastime of just the top 1%. Indeed, the less resources a person has, the more

Should I Close an Inactive Credit Card Account?

Some credit card accounts lie dormant, and many responsible credit card owners are inclined to close those inactive accounts. Should you? It depends. Before you close an inactive credit card, there are a few important factors you should know. First, it’s important to understand the effect closing an account has on your credit score. You