Manage Money

Should You Be Using A Credit Card?

Post By: Admin / USA Frugal Club

Compared to the brick-and-mortar times when cash was the only way you could buy a product or hire a service, financial transactions have come a long way. Now, more businesses accept credit card payments than ever before. For the average consumer, this means well!
With credit rewards that can get you almost anything, the decision to go cashless seems enticing, but one can wonder - “should I be using a credit card?” 

What Is A Roth IRA And Why Should I Have One?

Post By: Admin / USA Frugal Club

A Roth IRA (Individual Retirement Account) is a way of making your money grow free of tax. Not only is it growing tax-free, but the retirement withdrawals you make don’t have any deductions, too. The contribution limit for a Roth IRA in 2020 was $6,000 for adjusted gross incomes lower than $139,000, and if you’re older than 50, you can contribute an additional $$1,000.
 
In 2021, the contribution limit has remained the same ($6,000)for adjusted gross incomes lower than $140,000.  

How To Raise Your Credit Score Quickly

Post By: Admin / USA Frugal Club

On certain occasions, having the highest credit score possible can hold several advantages for you.
 Perhaps you want to start refinancing your mortgage.
 Maybe you're trying to recover from bad debt and apply for a credit card.
 Whatever the reason may be, having a high credit score is always beneficial. You'll also be glad to know that if you're struggling with a low credit score, you're in a much better position to make strides towards a high score than a person who already has one.  

How To Choose The Right Life Insurance Plan

Post By: Admin / USA Frugal Club 

While some people might consider life insurance as simply another expense, it is one of the most essential financial decisions to make! Life insurance doesn't only help offer protection to your home and family in the unfortunate event of your demise but also prevents your loved ones from experiencing financial hardships.

When it comes to learning how to pick the right life insurance policy that suits your needs, there are multiple factors that you need to take into account. Here, we have prepared a mini-guide to help you make an informed decision. So, let's get started. 

The 3 Best Identity Protection Services

Post By: Admin / USA Frugal Club

With the rapid advancement in the tech industry, unauthorized use of an individual's information or simply identity theft is becoming a recurring problem. If you are too concerned about data breaches and someone else using your name to execute unethical or illegal tasks, it is best to sign up for identity protection services right away,

Before you hire a company, you must weigh the benefits that the service provider has to offer. After conducting extensive research and carrying out the necessary comparisons, we have prepared this guide to the 3 best identity protection services on the market to help you make an informed decision. So, let's get started!  

How To Recover From A Major Credit Drop

Post By: Admin / USA Frugal Club

One of the worst things that can happen this year afterCOVID-19 is a credit drop. Most Americans don’t bat an eye when their credit score starts dropping. However, they face constant rejections when it’s time to request a loan. Lending institutes use borrowers’ credit scores to determine their probability of returning your loan on time. If you want to increase your credit score, here are our 4 tips that can help you improve your credit ratings.  

How To Get the Most Out Of Your 401(k)

Post By: USA Frugal Club

Nowadays, most people don't even have a pension plan. Because of this reason, having a secure and ever-growing 401k plan is vital to have a safe retirement life. But with that said, paying close attention to some effective strategies can ensure you get the most out of your 401(k).
To help you get started, here are some strategies.  

Should You Pay For That Extra Warranty?

Post By: Admin / USA Frugal Club

An extended warranty can be found anywhere. It doesn’t matter if you’re buying a car, a phone, or an electrical appliance; getting one is almost always a waste of money. That is because the object you get an extended warranty on won’t ever break on its own.
On the rare occasion something does break, the minimal repair you’ll require won’t cost you as much as the money you pay for the extended warranty.
Sure, some enthusiastic buyers can save money with the help of an extended warranty, which is great. But before you decide to get one, ask yourself the question: why would a brand want to offer you one in the first place?