Will having too many credit cards hurt my credit score?

Not necessarily, it can actually help if you pay them in full each month. Watch out because if you have too many cards and miss or make minimum payments, disaster may be around the corner. From Learn Vest 3. Will having too many cards hurt my credit? It’s not the number of credit cards that…

Why cashing out your 401k will devastate your retirement income

Besides paying taxes and penalties, the worst part of doing this is sacrificing the miracle of compound interest. The money you cash out will never get a chance to grow. 35% of workers who left their previous employer did this last year. In a study completed by Fidelity Investments this could lead to sacrificing $470…

How you can save 25% on your homeowner’s insurance

From the WSJ…   Meanwhile, there’s always the option of switching to higher deductible—increasing a homeowners deductible to $1,000 from $500, for instance, can save 25% on annual premiums, says Ms. Worters. That would amount to annual savings of $244.50 based on the national average premium of $978 in 2011, the latest year the statistic…