Glen Craig

Our Daughter’s Allowance and ING Direct

Published or updated February 23, 2013 by Glen Craig

Our oldest daughter is ten years old.

She gets a weekly allowance for doing specific chores around the house as well as for helping out in general.

Payday for her allowance is Sunday.

Want to teach a child how to remember a day? Have them remember their allowance pay date! Not a week goes by that our daughter doesn’t remind us on Sunday that it’s pay day.

I’m not complaining, mind you. I think it’s pretty cool that she remembers and keeps track.

Anyway, we give her the allowance in cash. Over time she has built up a tidy little sum, adding to it the occasional birthday or holiday money she has received. The money is hers to do with as she wants, though we help guide her and advise her in her spending.
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Does it Make Sense to Rent Appliances or Furniture?

Published or updated March 28, 2013 by Glen Craig

You’ve heard of companies out there like Rent-A-Center haven’t you? They allow consumers to rent appliances, furniture, and electronics. Generally, I think a person should be able to afford an item and buy it outright if they want something. But I think there are a few instances where renting can make sense.

Here are a few cases where it could be beneficial to rent furniture, appliances, or electronics:
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Ways To Increase and Improve Your Credit Score Without a Credit Card

Published or updated April 14, 2013 by Glen Craig

When we think of improving a credit score, we often think of using credit cards.

Indeed, one of the fastest ways to build credit is to open a credit card account, and use it regularly, paying down the balance on time.

However, many people are wary of credit cards, and would prefer not to use them. Unfortunately, some sort of credit history is needed in order to qualify for some loans, especially home loans and many auto loans.

The good news is that it is possible to establish and build up your credit score, even without credit cards!

Improving Your Credit Score without Credit Cards

Charge Cards Are Not Credit Cards – Understanding the Difference

Published or updated April 13, 2013 by Glen Craig

People often assume a charge card is just another way to say credit card but that is not the case. A charge card is a completely different entity than a credit card. If you have never used a charge card, you should know what sets them apart from the regular plastic credit cards you may already have in your wallets.

What Is a Charge Card?

An Against the Grain Approach to Prioritizing Your Savings

Published or updated April 3, 2013 by Glen Craig

Frequent readers of personal finance blogs are familiar with the importance of getting out of debt and staying out of debt. The reasons for avoiding debt are both economic and emotional, and they are so well known that we can call “staying out of debt” Personal Finance Truism #1. Let’s briefly review the reasons behind Personal Finance Truism #1:
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Glen Craig

Improving Your Credit Score without Credit Cards

What Is a Charge Card?

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