September 19, 2016
Debt.com is in the business of second chances, and we believe this American swimming legend deserves and has earned one, tooRead More
March 11, 2016
Fort Lauderdale, FL — Experts at Debt.com recently completed an in-depth investigation on the spending habits of Republicans and Democrats. Experts found that voters in Republican states dislike deficit spending in their government, but embrace it in their own lives. However, voters in Democratic states say government debt isn’t an issue, but are more likely […]Read More
June 25, 2015
Fort Lauderdale, FL – Debt.com created a lucrative hack map that reveals the secret. If military vets choose a good school in an expensive area, their housing allowance increases. Fortunately, some of those cities and towns have less expensive accommodations available and are located within a reasonable commuting distance to the school. Howard Dvorkin, CPA and chairman of Debt.com, […]Read More
In the Media
Three percent for every purchase can add up, especially small business struggling to flip a profit. But that same business cannot afford to not take credit card transactions because more and more people are using cards over cash.
“Let’s face it: If your small business accepts credit cards, there will always be credit card processing fees to pay. Typical merchant account companies charge up to 5% on everything a company earns from credit card sales, including processing costs, interchange costs and statement fees, according to the U.S. Small Business Administration.”
Credit card fees might be unavoidable, but small business owners can still save money through careful planning and research.
After the recession, more and more Americans are weary of debt and many people are choosing to totally forego credit cards all together.
“In the wake of the recession, Americans are growing more cautious about debt, and many are even choosing to completely forego credit cards. According to a Bank Rate study, 63% of millennials don’t have a credit card. But even if you decide not to support credit card companies, a favorable credit report will likely be essential at certain times in your life.” Credit cards are not essential to building credit.
A joint bank accounts can have its perks, as well as its setbacks. Before you enter in a joint bank account with your significant other, parent or child there are some things you should consider first.
“Joining forces can be a good strategy, whether it’s two companies or two people with common goals. For sure, there are advantages of co-mingling funds in a joint bank account, but there are also risks. To make your duo savings effort dynamic instead of disastrous, there are some key considerations.”
It is nice to be able to join an account and enjoy the convenience and benefits that come along with it. Just be mindful of your own financial independence.