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You know that an emergency fund is a necessity if you want to achieve financial security and freedom. However, it can be rather depressing to see the rate which you earn interest on a savings account. Traditional savings accounts can be especially depressing. But that is the price you pay for the liquidity and access that you get with a savings account, right? [ad#Content 300×250] You can get slightly higher CD rates — and the…

Before you sign up for a new credit card, make sure you understand all of the terms. A credit card rate, especially a 0% credit card, might look attractive initially, but once you start reading the fine print, you might change your mind. After all, there is a lot of stuff in that fine print. Information about what could happen to your rewards points, as well as what could make your credit card interest rate…

One of the subtle influences on your credit score is the type of credit account you have. For instance, while it doesn’t count that much, it makes a small difference whether you have a department store credit card or a major bank credit card. Normally, I fall firmly into the camp of not having a department store credit card. It seems pointless: The interest rates are often higher and there are rarely rewards programs. But…