Money Management Center

How Does a Charge Card Work?

By Dale Devries

Although the terms credit card and charge card are sometimes used interchangeably, they are two different types of buying on credit methods. While credit cards give you a certain limit on your spending and then allow you to pay the balance off over time, charge cards do not. With a charge card, you have no monthly limit; however, you must pay the balance of all of your spending at the end of the...

How to Improve a FICO Credit Score

By Valencia Higuera

There's no magical way to improve a low FICO score overnight. But with a little discipline and effort, you can realistically improve your score by 100 points or more. People with bad credit obtain higher rates on credit cards, auto loans and mortgage loans. Higher rates result in higher payments, which limit your buying power. On the other hand, a high FICO score justifies lower rates, in...

Simple Ways to Make Money Fast

By Bambi Turner

We all want to make more money, and by building our skills and putting in the effort, it is possible to see our wages increase over time. But what if you need money now, for an emergency or unexpected expense? There are plenty of simple ways to make money fast, and all they require is a research and the willingness to work hard. From online auctions to freelance writing, the opportunities are out ...