Gas prices, the cult of frugality, credit repair, negotiating and more.

1. 6 Ways to Prepare for Rising Gas Prices

Money Crashers — Heather says gas prices could peak at $5 a gallon this year. In May, “the nationwide average for a gallon of gas was just under $3, which is 20% higher than the previous summer.” It’s not looking good. But if you use her tips, you could save some money on gas this summer.

I like the second way: Drive more conservatively. Aggressive driving uses up more gas, it also causes accidents. As an added benefit, Heather also provides some ideas for saving money on food. She recommends growing your own vegetables and buying groceries in bulk.

2. The Cult of Frugality — Why Being Frugal Doesn’t Work

Money Under 30 — Zina noticed that the web is overwhelmed “with articles on how to cut your spending down to the bone.” She thinks saving money is fine, but wealth building and debt reduction should be about boosting your earnings, not pinching pennies.

Zina talks about when she first graduated college and earned $28,000 a year. She cut her expenses and spent most weekends on the couch with a cheap bottle of wine. She paid off her student loans, but said that experience was more “frustrating” than anything else. Check out her story and why she believes frugality is overrated.

3. Why and When You Need a Credit Repair Attorney

Dough Roller — Credit repair starts by pulling your credit report from all three credit bureaus (Equifax, Experian, and TransUnion), and reviewing them for errors. Abby says, “One study from the Federal Trade Commission showed that more than one in five consumers have an error in their file that could impact their credit score.”

You can do this on your own or hire a credit repair company. But not all credit repair companies are legitimate. Abby provides information on fixing mistakes on your credit report, avoiding bad decisions that negatively impact your score and what to look for in a reputable company.

4. How to Negotiate a Lower Interest Rate on Your Credit Card

The Money Coach — Many people don’t know that negotiating a lower interest rate on their credit card is a possibility. It takes a certain technique and requires patience and tact, but yes, it’s possible. Lynette says, “the best way to get a lower interest rate on your credit card is to just call up the bank/creditor that issued the card and ask for a lower rate.”

Exactly, but before you call you should have a plan. For example, investigate other credit card offers and have the details, rates, etc., ready when you begin negotiating. One other thing that Lynette doesn’t cover, make sure you’re polite on the phone.

5. 6 Money Questions to Ask Your Partner

Young Adult Money — Marriage and money don’t always mix. That’s because couples don’t discuss financial issues enough — and they hide things from each other. Rachel says, “Just like you need to have compatible personalities; you also need to speak the same financial language.”

Answering the second question could be embarrassing for some people: “Do you have debt?” Some couples tie the knot without realizing their spouse is heavily in debt. Bad move. If your partner admits that they’re heavily in debt, ask them if they have a repayment plan. Check out the other questions.

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Meet the Author

Brian Bienkowski

Brian Bienkowski


Bienkowski is a contributing writer and is the face of's 'By the Numbers' videos.

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Article last modified on June 26, 2018 Published by, LLC . Mobile users may also access the AMP Version: This Week Around The Web - AMP.