Utilize your financial resources wisely.  Review your budget along with your debts and assets for optimal asset allocation as well as liability allocation.  While investors are often more concerned about shopping and comparing bank rates and saving rates, they ignore the simple debts and expenses.  For instance, don’t be in the habit of thinking of your credit card as a loan.  It’s a convenience.  Pay all credit card balances in full each month or at least the charges you have accrued during that billing cycle.  Leaving a balance on a credit card account will leave you susceptible to a very high APR.  Chasing higher CD rates or money market rates is futile effort is the holes in the liability side of a household budget is not patched.  It’s like throwing a little bit, or maybe a lot, money away each month.

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