Share this on Facebook Tweet this

Financial Tips for Families


The Donkey in the Lion's Skin

While you might initially impress people with new, expensive clothes, eventually your true nature will shine through. Better to spend wisely than to spend just to impress others.

Paying off your credit card balances is one of the best moves you can make to improve your financial situation. But if you can’t afford to wipe your debt clean, then transferring your balance to a low interest credit card is your next best option.

Infographic: Why Volunteering is Good for You

Think of the word “volunteers” and you might picture a group of people so generous that they put aside the fun things in life - say, Xbox games and time on the beach - in favor of spending dull, grinding hours at soup kitchens and nursing homes. And yet, oddly enough, people who volunteer are often happier than those who don’t - whether they give their free time at a shelter or take on a prominent role in their town.

A few simple changes to your driving and gas-purchasing habits can improve your mileage per gallon and reduce the amount you have to spend on gas each week.

Infographic: College Alcohol Statistics

The answer to success may be as easy as cutting back on alcohol consumption in college. When you take the time to look at statistics, you can see how alcohol, debt and academic success all work together.



New Tips for Families

    Authenticity required: password?

    23 Ways to Prevent False Alarms

    October 30, 2014 - By Cynthia Cohen - Tips for Study: Best Home Security
    Home security systems are meant to keep you safe — they were not installed to drive your local police department crazy from false alarms. But that’s what a lot of them do. The majority (over 90%, according to various reports) of house calls the police make are due to false home security system alarms. In recent years, municipalities have imposed penalties on security companies, which, in turn, have passed on those costs to their customers who go over a set number of false alarms per year.

    23 Reasons Why You Should Invest in Stocks

    October 29, 2014 - By Cynthia Cohen - Tips for Investment
    Despite the economy's ups and downs, the stock market has consistently proven to be a good place to invest your disposable cash and save for your future (as long as you can withstand the bumps and plan for the long term). The popularity of online brokerages can attest to the demand for access to stocks in a do-it-yourself society.

    23 Ways Retailers Trick You to Spend More Money

    October 19, 2014 - By Michelle Smith - Tips for Shopping Addiction Statistics
    Why do we constantly overspend? Read on to learn how retailers are plotting to outwit us.

    TradeMonster Review: Not All Monsters are Scary

    October 11, 2014 - By Cynthia Cohen - Reviews for Best Brokerage Accounts
    With its smiling monster logo greeting you on the homepage, TradeMonster is both appealing and non-threatening at the same time. It serves as a warning that investing on your own (away from the safety of FDIC-insured savings accounts) can bite you if you’re not careful, but it also lets you know that investing can be fun too. TradeMonster’s tools continue that sense of fun with an easy-to-use website and a full-service, self-directed investing experience.

    How to Find Halloween Deals

    October 7, 2014 - By Allison Martin - Tips for Deals
    Buying décor and costumes for the spookiest day of the year can be more frightening than witches and goblins. It’s so very easy to spend hundreds of dollars to partake in the fun before the big day rolls around. But there are ways to have a little scary fun without losing your witch’s hat.

    OptionsXpress Review: Pros and Cons for Beginners

    October 4, 2014 - By Cynthia Cohen - Reviews for Best Brokerage Accounts
    When online brokerage sites became a trendy alternative to investing with a traditional broker, Charles Schwab took note and acquired OptionsXpress. The result is a combination of a trusted financial source and easy, less expensive access to investing activities. One visit to the well-designed website should whet your appetite from the get-go with its investor-friendly intuitive homepage.

    You Want to Be an Investor But Have No Idea Where to Start. Here are Some Options

    October 2, 2014 - By Cynthia Cohen - Reviews for Investment
    Lucky you — you've been working hard, you've got some cash to invest, and you want to see all those dollars multiply. But where to begin?

    Survey: Who's Telling the Truth

    September 29, 2014 - News for Love
    76 percent of people said it’s OK to lie sometimes (even on Facebook profiles), but the subjects of those fibs tend to depend on your gender, according to a new CreditDonkey poll of over 1,200 Americans.

    Best Time to Buy a TV

    September 28, 2014 - By Erin K - Tips for Save Money on Cable, Cut the Cord
    Purchasing a TV can be an expensive endeavor. You want to make sure you’re getting the very best deal when you hit the stores, but retailers can be tricky about making you think you’re getting a great bargain when you’re really paying full price. Don’t be fooled by the colorful tags that make every TV seem like it’s on sale. Just because a TV is featured in a circular doesn’t mean you’re getting much of a deal. Instead, do some sleuthing and stick to certain times of the year to do your TV ...

    Is OptionsHouse a Smart Choice for Beginner Investors?

    September 27, 2014 - By Ross Frasier - Reviews for Best Brokerage Accounts
    OptionsHouse is an online discount broker built around the idea that it’s not about how much money you make, it’s about how much money you keep. The broker offers some of the lowest rates on investments like stocks, ETFs, mutual funds and retirement accounts. It’s also one of the largest options trading firms in the country, so you can get a lot of investing done through its site, which in some ways is easier to use than others in this space.

About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: The card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.