Does Your Charity Event Need Bid Pal?

It never ceases to amaze me about how technology is transforming the way we go about doing things in our daily lives.    From the smart phones to applications we literally learn about some new advancement in technology that is going to change our life. Many of us do everything we can to help out charities during the course of the year.   This may be donating money or clothes to a local religious organization.   Perhaps you give some money back to your alma mater or some other charity within your city that you feel to be worthy of a generous donation.    Generally, during the course of the year I will attend four to six charity events filled with silent and live auction items to bid on during the evening.   Before the normal 9:00 p.m. to 9:30 p.m. final call on the silent auction items, people will scurry around the piece of paper in front of the item they want to win ...

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Just Because You Can Doesn’t Mean You Should

Have you ever heard that saying that money can burn a hole in your pocket?   Although you can find many different meanings for this expression, over the past decade I have seen spending run out of control on a personal level.   Eating out using to a perk for most families, and now an $80 meal during the week is the norm.    Picking up a luxury item only happened on special days like holidays or birthdays, but now people buy them whenever they are in the mood.   We have been conditioned over the past decade to always make sure we get the BEST!   Of course, why wouldn’t any of want the best if we could afford to buy it with our hard earned money. Credit cards have given many people power.    When you have money in the bank you feel like you have power.  With just a swipe of your debit card, you have the power.   Yes, because you have money ...

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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 ...

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