Nearly one-third of survey respondents, believe 3 credit cards are too many for one person to have, according to a recent CreditDonkey.com survey. And 23% said more than 4 is too many. Just 9% believe one credit card is too many.
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Financial Tips for Young Adults
Credit cards can be a great way to establish a person’s credit history. But oftentimes, consumers are unable to qualify for a credit card on their own when they have no prior credit experience. They may need a cosigner to get them started.
Many people straight out of college want to head to New York, San Francisco, or Chicago to enjoy the big-city excitement during their 20s. But for some, a smaller, more manageable city with strong job opportunities is a better fit for their lifestyle.
Most respondents to a recent CreditDonkey.com survey said they learned key finance concepts in high school. Despite all the reports about poor financial literacy buzz among adults and debates over when teens should learn money management skills, our survey of over 1,000 adults revealed that while in high school:
It’s that time of year for young people across the country. Four years of all-nighters, parties, and racking up debt are in the past, and it’s time to become full-fledged professional adults (and start paying that debt back). In this study, we offer a glimpse at the cities where new grads will have the easiest time, financially speaking, as they start the next chapter of their lives.
For some people, at certain times in their lives, renting makes the most financial sense. It may depend on their preferences: Renters don’t have to worry about shoveling out driveways or making house repairs. It may depend on their credit history – a low credit score may make borrowing money for a mortgage too expensive. Or it may just have to do with where they live.
Few things change a woman’s life more than becoming a mother. Physically, emotionally, and financially, post-baby life is a whole new country full of its own joys and terrors. The good news is, there are plenty of travel guides to this new land—after all, more than 80 million mothers are in the United States, and 1.6 million babies were born to first-time moms in 2010 alone.
In this economy, financial issues play an important role in relationships – even ones that may not have started yet. If you’re single and financially savvy, you’re probably looking to find someone of a similar mindset. Our tally of the best cities for meeting that special someone emphasizes financial considerations like median income and credit score, to show which places give singles the best chance of finding a mate who is on solid financing footing.
April is Financial Literacy Month. It’s an opportunity to refresh your knowledge about personal finances – and the best, most useful way to do that is to learn more about your own. We have put together a roadmap for helping you better maneuver your financial life by focusing on three areas that could always use improvement: managing money, understanding credit cards, and getting a handle on debt.
Out of almost 1,200 respondents to a recent CreditDonkey.com survey, 48.6% admitted to engaging in social networking while on the toilet and 47.6% admitted to doing it while drunk. Maybe these high numbers shouldn’t surprise us, considering The Urban Dictionary already has a word to describe tweeting while under the influence of alcohol, or drunk tweeting: “Dweet.”
If you’re a young professional, chances are your career is one of the most important parts of your life, and you need a place to develop it. One way to decide where to get your start is to find a city that has a mix of opportunities for career advancement, high quality of life, and, of course, a decent beginners’ salary.
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