Incomist

Make, Save and Invest Money

9 Simple Steps: How to Stop Living Paycheck to Paycheck for Good

Last updated on by

How to Stop Living Paycheck to Paycheck

Well, that was fast! I just got my check and it’s all going to bills!

Sound familiar? If so, you’re might be living paycheck to paycheck.

If you’re struggling to make ends meet with your income, you’re not alone. 

In fact, 74% of Americans are living paycheck to paycheck according to a survey from the American Payroll Association. 

What’s more, a Nielson study discovered that nearly 25% of families making at least $150,000 a year depend on their next paycheck to make ends meet.

Make no mistake, most American’s can hardly cover the bills until the next payday.

And it’s hard to break that cycle.

Or is it? [Read more…]

How to Transfer Your Credit Card Balance in 5 Simple Steps

Last updated on by

balance transfer credit card

 

Are you struggling to pay your credit card debt?  Perhaps you’re considering a balance transfer credit card to help you pay off your debt faster?

If so, you’re not alone. In fact, the average American household owes $6,194 in credit card debt and many are seeking strategies to reduce that number.

It may be tempting to transfer the balance on your credit cards to a no-interest balance transfer credit card. But should you?

Before you sign up for a new credit card, make sure you understand the ins-and-outs of these balance transfer cards so you can make an informed decision.

[Read more…]

Pros and Cons of 0% Interest Balance Transfer Credit Cards

Last updated on by

Woman credit card

Transferring your debt to a 0% interest balance transfer credit card seems like a no-brainer right?

You pay no interest for a promotional period of time so 100% of your payment will go to the principal.

It sounds like a win-win, but that’s not always the case.

To determine if transferring your debt to a balance transfer card makes sense for you, it’s helpful to know all the benefits and downsides or these popular cards.

We’ve put together this complete list of the pros and cons of balance transfer credit cards to help you decide if you should transfer your balance. [Read more…]