Category Archives: Personal Finance

Should You Give Your Teen Your Credit Card?

By CCC Staff | Filed in Credit Card Tips, Personal Finance

Shop assistant

It seems innocent enough. Your teen needs some new clothes & you definitely don’t have the energy to watch them try on every latest fashion trend, so you hand them your credit card with clear and concise instructions, and watch them drive off into the sunset. Over the years your child has shown they are responsible and can be trusted with those secret 16 digits, so you have nothing to worry about. Or do you?

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Ready For College or University Cards, Are You?

By CCC Staff | Filed in Credit Card Tips, Personal Finance

June is the time when a plethora of high school students officially make the transition from teen to young adult. As a graduating senior, on your way to university, this is a very exciting and liberating moment in your journey of life. As you put on the unflattering cap and gown and prepare for the long winded high school graduation ceremony, you’ll reflect back on those four long years of high school. It will seem like decades ago when you were that scrawny incoming freshman. Now, look at you – you’re the cool graduating senior, headed off to college, where you’ll continue to master the art of balancing your social life & schoolwork.

Soon, you’ll be all on your own. No one to tell you what to do and when to do it. There’s no reason to stress; you’ve learned how to boil water, wash your own laundry and operate a motorized vehicle. You even know how to replace a button or patch a hole in a wall. You’re ready for complete independence. Or are you?

“Ready are you? What know you of ready?”

Yoda Statue at Lucasfilm Ltd.

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Consumer Debt At All Time High

By CCC Staff | Filed in Economy, Personal Finance, Statistics

With Christmas just around the corner it’s hard to think about setting budgets and saving money, especially when we are bombarded during the holiday season with advertisements trying to get us to spend it all on the latest gadgets and super sales. But, we may need to seriously think about our financial future right now if we’re going to change where, some say, we are headed as a nation.

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5 Hobbies that Can Make You Money

By Janet Hutchins | Filed in Personal Finance

When we think of hobbies, we often think of money pits. After all, a hobby is something you do for fun, and fun rarely pays the bills.

However, there are some hobbies, that surprisingly, can pay for themselves — and even make you money. If you are looking for a new hobby, don’t pick up something expensive; instead, choose a hobby that can actually result in profits:

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Is a Six-Figure Income Such a Big Deal Anymore?

By Janet Hutchins | Filed in Personal Finance

One of the debates circulating around the Internet recently is that of the importance of a six-figure income. Six-figures doesn’t seem like such a big deal anymore — at least if the income is in the lower six-figures.

There are two opposing reasons that six-figures might not matter anymore: It’s just not that much money these days, and people are looking for things other than money to make them happen now.

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5 Hobbies that Could Rack Up the Credit Card Debt

By Janet Hutchins | Filed in Personal Finance

There’s nothing wrong with having a hobby that can provide you with something enjoyable to do with your time. However, you do need to be careful. If you are spending a lot of money on your hobby, it could easily lead to debt.

When you engage in a hobby, it is a good idea to think things through. Are you putting your retirement at risk with your hobby? Do you use your credit card to pay for your hobby — without paying it off each month? It’s important to keep your hobby under control as you participate, so that it doesn’t ruin your financial future.

Golfball Near Hole

Here are 5 hobbies that are easy to lose control of, and rack up the credit card debt:

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