For the ADD edition of the Best of Credit Cards and Saving Money I decided to track down articles from writers who can hold my attention for more than thirty seconds. This is no small feat, as my wife and I just had a son and I haven't been able to refill my Ritalin this week. So as I changed diapers, watched the Yankees lose, and compulsively refreshed my Twitter feed, these chosen few kept me reading from the first word to the last period. My thanks to all who created great content about credit cards and saving money this week.
Best of Credit Cards
Tim Chen from Nerdwallet wrote a nice piece on 5 Reasons To Avoid Amex Blue Cash. This is a good cash back card for people who spend heavily and don't carry balances, but its absurd APR makes this card a no go for people who carry balances. And if you're self-conscious about your credit card's appearance, see reason #5.
Michael P. from Doughroller did a good assessment of the Marriott Rewards Premier Credit Card from Chase with 30,000 Bonus Points. He points out that, as with any rewards credit card that comes with an annual fee, how much you spend and how frequently you stay at Marriott properties can be the difference between saving money and wasting money.
I stumbled on Erik Folgate's article on MoneyCrashers about how Credit Card Companies Create New Fees To Take Advantage Of Customers and it made me wonder how far away paper statement and customer service call fees are. Oh wait, Bank of America is about to add these to checking accounts.
And I actually read a few more articles on credit cards that were worth noting, but this ADD is killing me.
Best of Saving Money
I've been reading Kimberly Palmer from Alpha Consumer for a while and just downloaded her new book Generation Earn: The Young Professional’s Guide to Spending, Investing, and Giving Back to my IPad. Unfortunately, I haven't been able to start reading it, but I enjoyed reading an excerpt posted at Alpha Consumer about The Biggest Money Mistakes Couples Make. A commenter called her overly-pessimistic, but I think the correct term is realistic.
I just started reading MoneyFunk and really enjoyed a recent article she wrote, Extreme Frugality to Live within Your Means?. I don't know how many people have the wherewithal to make their own applesauce and bread, but it's really interesting to read what people are doing to save money. Plus seeing the extremes people go to may make it easier to find ways you can trim your budget without buying a breadmaker.
PT over at PTMoney put together a Beginner’s Guide to Getting Free Airline Miles that covers a lot of ground and manages to work in a sweet reference to Paul Thomas Anderson's great film, Punch Drunk Love.
MoneyNing listed 10 Hassle Reducing Tips for Dealing with Insurance on Medical Care at Money Ning. Ignoring points four and five can create a lot of headaches.
Ryan at CashMoneyLife also held my attention with his article on How To Make Corrections On Your Credit Report. One important point he makes which cannot be overstated is that you need to get these things in writing. A lot of times customer service reps will say one thing and do another. So be sure to keep this in mind.
And that wraps up the ADD edition of the Best of Credit Cards and Saving Money. It would have been longer, but I'm having trouble paying attention with my son crying (does he really need to eat again?) and the Yankees game on.
Photo 1 Credit: http://www.flickr.com/photos/tonx/