Author: Bored Man
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Fitness: An Introduction
Getting started is one of the hardest things about working out. There’s so much information out there about what you should and should not do, and most of it is contradictory. However, there are a few simple things that you can do that will help you make a lot of progress from square one, and…
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Finding a Good Credit Card For You
Your credit report Most credit cards are for specific types of customers. If you apply for a card that is way out of reach for you, you’ll get rejected, which can be a negative on your credit report, so if you are nowhere near the requirements for a credit card, you probably want to work…
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Rewards, Credits, Perks, and Fees
What do credit cards offer you? Many credit cards offer benefits to users in order to attract and retain users. After all, the credit card companies don’t make any money if they don’t have any customers. So what benefits do they offer? Most of these benefits fall into the category of rewards, credits, or perks.…
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Credit Card Rewards
The Main Rewards Types Many credit cards offer rewards that are based on spending as a way to encourage users to spend more money on with their credit cards. Credit card companies collect fees from the businesses who accept credit card payments that are a percentage of your payment, so it is in their interest…
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Authorized Users
So what is an authorized user? An authorized user is someone who is added to another person’s credit card account, which allows the authorized user most of the same rights as the account owner (primary card holder), such as cash back on spending and perks for cardholders. Typically, authorized users get a credit card similar…
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Credit Scores
I keep hearing people talk about their credit scores. What are they? Credit scores are the way that banks keep track of a bunch of the things that they look for when deciding whether or not to give you a loan, such as a mortgage, car loan, or credit card. Outside companies called credit bureaus…
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Credit Cards: Pros, Cons, and Some Terms to Know
What is credit? In short, credit is a loan. In the context of credit cards, the way that a credit card works is that a bank gives you a line of credit (a loan with a preset limit that you have the option to borrow from at will). They also give you a credit card,…
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Planning For Retirement
Okay, for the most part, this stuff makes sense. How do I put it all together though? Here’s how I handle planning for my retirement: Put money in my retirement accounts (IRA and 401k in my case) so that I can take advantage of the tax benefits Invest that money into index funds like the…
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Choosing Your Investments
So how do I choose what to invest in? For most of you, you don’t have to worry too much about choosing your investments yourself – chances are, your 401k/403b will come with a financial advisor who manages your account for a small fee, and they can help you figure out how to structure your…
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Dollar Cost Averaging vs Buy The Dip
So the market moves in cycles. How do I know when I should start buying? There are common methods that are used for this: A) Buying the Dip: When your chosen investment falls by a certain amount (aka the price dips), you start buying. People often choose different criteria for what they consider “the dip,”…
Seaotter Fitness 