The modern technological world can make it very easy to stay connected and find information that’s relevant to us, but it can also cause some problems – particularly for those that tend to get overwhelmed easily when presented with too many choices. It can be difficult to maintain a grip on your finances when you have multiple accounts all over the place, some of which you’re not even using actively, and it’s important to take the occasional step back and analyze the current situation to see if you’re wasting money on something that you don’t need anymore.
Do You Need Those Credit Cards?
A common problem of modern people in developed countries is that we tend to take out too many credit cards over time. Sure, it can seem attractive when you’re being offered all kinds of sign-up bonuses and long-term rewards, but if you’re not actually using all of those cards actively, you’re hurting yourself in some unexpected ways. Your credit score will suffer for one thing, and you might also find yourself paying ridiculous fees just to keep those cards open for months on end. Take a look at your set of credit cards and figure out if you can do away with any of them. Read More