VIDEO | Santa Claus at Five Below – Charity Donations

Published on Nov 28, 2012 The holiday season is rapidly approaching as you can see retailers across the country lining their aisles with Christmas items and the Starbuck’s of the world changing their cups over to the traditional holiday décor. FULL ARTICLE – http://bit.ly/Tuoyy8 When I lived in the New York City area, I can vividly remember during the holiday season the legions of Salvation Army Santa Clauses outside of the department stores ringing their bells for donations from your pocketful of change. It’s nice to donate during the holiday season to give to the less fortunate, but what I have seen retailers doing around the country in the past year or two has officially gotten under my skin as they now want us to do double duty as their customers.   ...

Read More →

5 ‘Back To School’ Ways To Save Money

It’s hard to believe that we are almost back to school.    I know some of you don’t have to start the end of summer ritual until Labor Day comes, but in Atlanta school starts in the middle of August and is just a few weeks today.   This means it is time to be a smart shopper and take inventory of everything you have in your house from last season.  Did the kids outgrow their clothes?   Is it time for a new backpack? What supplies are lurking in the back of drawer that got deposited there at the end of school last year?  While we are all trying to save a few bucks, here are some smart ideas to stretch your dollar during the back to school season. Run it through the business – If you have kids that meet the requirements to be able to work in your business, you might want to consider buying all and any of the ...

Read More →

Don’t Get Tricked On Black Friday

After the turkey, the football, and the one awkward conversation with your cousin that happened to get stuck at the card table with you at the end of the big Thanksgiving table comes the second holiday during Thanksgiving week called Black Friday.  The day’s name originated in Philadelphia where it originally was used to describe the heavy and disruptive pedestrian and vehicle traffic which would occur on the day after Thanksgiving. Use of the term began by 1966 and began to see broader use outside Philadelphia around 1975. Later an alternative explanation began to be offered: that “Black Friday” indicates the period during which retailers are turning a profit, or “in the black.” (source: Wikipedia) People often ask if me if Black Friday really offers good deals.    I have always responded with the answer, “It depends”.   The reason is that if you aren’t careful with your shopping you could end up paying the same prices you would have paid for ...

Read More →

Are Layaway Plans A Good Idea?

Over the past 15 years, we have seen countless numbers of people put themselves in real financial trouble by using credit cards to charge items that they really couldn’t afford at the time they bought the merchandise.   I can remember growing up as a kid that many of the department stores offered something called a layaway plan, but I really didn’t understand it at the time.    With Wal Mart’s recent announcement of layaway plans this year, you may see this trend come back en vogue as an alternative way to purchase merchandise. Layaway is really a nifty way to obtain merchandise or products without needing to have the entire balance of money at the time of purchase.   It is really an entirely different process from credit cards in a significant way.     The main reason is you don’t get to enjoy the item when you make the down payment.   You only get to enjoy it when you actually pay off the ...

Read More →

You Can Now Tell Me What Credit Card To Use?

On Monday, the Justice Department sued Visa, MasterCard, and American Express for anticompetitive practices. At the same time, it reached a proposed settlement with Visa and MasterCard. The ruling aims to end anticompetitive practices and allow customers to save money, but it is likely to also have unintended consequences for consumers, says LowCards.com. (source: www.ctwatchdog.com) Interchange Fee is Confusing Interchange fees, or swipe fees, are difficult to understand, and credit card processors like Visa, MasterCard and American Express have provided very little information about these fees, protecting their control and this significant revenue source. (source: www.ctwatchdog.com) Interchange fees began in the 1960s to help banks to cover the cost of processing credit card transactions. The fee is divided between the merchant’s bank, the consumer’s bank and the credit card company. The fee covers processing fees, billing statements, fraud protection, innovations, and other expenses. (source: www.ctwatchdog.com) Interchange fees typically range between 1.0% and 3.5% of every purchase made with a credit ...

Read More →