Good Money Habits Should Start With Your First Job
Credit Sesame on starting good money habits during self-improvement month September 2022. So you’ve just landed your first job? Congratulations! That is an achievement in itself. However, don’t stop there. Self-improvement September is the perfect opportunity to commit to starting good money habits that set you up for a lifetime. Starting good money habits at […]
6 Warnings from Bed Bath & Beyond
Credit Sesame discusses 6 lessons to learn from Bed Bath & Beyond. Many see the recent collapse of Bed Bath & Beyond as sad but inevitable after the earnings disaster covered by the media earlier in the year. After more than 50 years in business it is certainly shocking. However, the financial struggles of the […]
Getting Pre-Approved for a High-End Credit Card Can be Difficult
Credit Sesame discusses getting pre-approved for a high-end credit card. Credit card pre-approval promotions are common. You may have received one. Credit card promotions are sent to consumers in all income brackets. However, only the ultra-rich receive offers for high-end credit cards. High-end credit cards are offered by invitation only but that doesn’t mean you […]
The pros and cons of getting pre-approved for a credit card
Credit Sesame discusses why getting pre-approved may or may not be a good thing. Are you eager to get a credit card but worried you might get rejected after applying? Do you want to take advantage of special rewards a certain credit card provides? Perhaps you should consider applying for a card you’ve already been […]
Personal Finance Weekly News Roundup September 10, 2022
Credit Sesame’s personal finance weekly news roundup September 10, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Russian gas shutdown could worsen inflation problem Student loan forgiveness may have tax consequences Banks join effort to lend to low-credit consumers Bed Bath & Beyond situation turns from troubled to […]
Should a Shaky Economy Affect Your Wedding Plans?
Credit Sesame on the economy, inflation, rumors of a recession and financial wedded bliss. Is fall 2022 really a good time to get married? The economy is in tatters. Inflation has costs soaring. Recession is a possibility. Does the start of a new life with your significant other bode well under these conditions? Weddings are expensive. Is […]
Should You Apply for a Credit Card or Loan Before the Next Recession?
Credit Sesame debates whether you should apply for a credit card or loan before the next recession. The U.S. economy shrank in the first half of this year. Officially, the economy is not yet in a recession, but the threat of one is very real. If the economy does lapse into a recession, it could […]
Student Gambling: What Every Undergrad Should Know
Credit Sesame outlines the dangers of student gambling. Of all the things a college student may learn this semester, the toughest lesson might be about student gambling. Recent years have seen sports gambling in particular come out of the shadows and into the mainstream. It’s especially popular among young adults, who are clearly the targets […]
Stock Market Reacts to the Pain of Higher Interest Rates
Credit Sesame explains why the pain of higher interest rates is a necessary evil to combat inflation. It’s not easy being Chairman of the Federal Reserve. On Friday, August 26 Fed Chair Jerome Powell gave a speech. That day, the Dow Jones Industrial Average tanked by 1,000 points. The stock slump continued into the next […]
Why Now is the Time for You to Get Yourself a Pay Raise
Credit Sesame discusses why now is the time for you to get a pay raise. Inflation has forced consumers to make some difficult choices. Do without a vacation this year or try to keep the old car running a little longer instead of buying a new one? Downsize your lifestyle or go deeper in debt […]
Pre-Authorization: Credit Card Companies Cause More Headaches at the Pump
Credit Sesame on pre-authorization of debit and credit cards at the gas pump and the challenges this may cause for consumers. As if buying gas isn’t expensive enough, drivers nearing their credit limit may have their credit card denied at the pump after a 40% jump in pre-authorization holds was made this spring. Visa and […]
Personal Finance Weekly News Roundup September 3, 2022
Credit Sesame’s personal finance weekly news roundup September 3, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Fed chair triggers stock slump U.S. and China regulators agree on scrutiny for Chinese stocks U.S. average credit score has leveled off Mortgage lenders showing signs of strain FBI issues warning […]
Inflation is a Game-Changer: Is it Time to Change Your Strategy?
Credit Sesame discusses the value of an inflation strategy to stay ahead of rising prices. Does inflation make you feel like you’re always trying to play catch-up? Like rising prices are always one step ahead of your budget? It’s no surprise. One of the disruptive things about high inflation is that it moves so fast. […]
Young Credit Card Users: Improving the Odds of Success
Credit Sesame discusses improving the odds of a credit card application success for young credit card users. As millions of young adults adjust to their first semester of college, they face many new decisions – both inside and outside the classroom. Some of those decisions include whether to get a credit card, and how to […]
Is Pre-Approval for a Credit Card Good to Have?
Credit Sesame on why you may want to hang on to that pre-approval for a credit card. You may be tempted to throw away a pre-approval letter from a credit card company. It’s just another kind of junk mail, you may think. Or it could be a credit card with the best perks on the […]
