I love credit cards and I don’t ever carry a balance. I have 0% balance transfer credit cards in which I take the credit card banks money at zero percent and invest it in high yielding CDs or bonds making 5% or more. I have airline credit cards that rack up miles so I can…
Category: Money Management
Personal Finance and Cash Management 101
Cash Management is the process of collecting and managing cash flows. Most people’s primary cash flow comes from their paycheck and for many the process is largely automated. Typically your employer pays you weekly, bi-weekly or perhaps monthly. Your employer produces a ledger that notes hours worked, deductions for taxes, insurance or other items and…