There are plenty of reasons to use a credit card — convenience, accountability and safety among them — but when is it better just to step away from the swiper?

If your kids weren’t born good with money, don’t fret! These 23 ways to help your kids be more money savvy will teach them good money habits -- even if you're not a financial whiz like Suze Orman. "How are learning to a ride bike and learning about money similar?” asks Karyn Hodgens, creator of KidsSave. “Both involve kids being ACTIVE participants.”

Upgrading your wardrobe and car might sound like a rewarding thing to do. After all, you work hard all day, and you deserve to come home to some luxury during your off-hours. But crunching the numbers shows that these four splurges aren't worth their additional cost. Here's why:

We all know how to spend less by sacrificing. From eating out less to buying fewer clothes to cutting back on vacations, saving through sacrificing can be effective, but painful. So if you are looking for ways of saving money, why not start with money saving tips that are relatively pain free?


More than just striking a "good" deal with the salesperson is required to save money on your next car purchase. A mistake on your car loan could cost you money and erase the savings negotiated on the purchase price.


Most credit card penalties will be limited to $25, and fees for customers who don't use their cards will be eliminated under rules released Tuesday by the Federal Reserve.

In the hope that we can make better financial decisions, here is a list of some of the common money mistakes many of us make every day:

Here are some great tips to help you if you become a victim of identity theft.