Tagged With credit cards


A person's credit history is kind of like an invisible Sword of Damocles. We know it's out there, but tend to adopt a head-in-the-sand approach until it suddenly chops you in the neck. Fortunately, it's possible to improve your creditworthiness in a few easy steps. This infographic illustrates how to swing credit scoring back in your favour.


Dear Lifehacker, I'm getting on in life and at this point it seems unlikely that my credit card debts will ever be paid off in full. (I can barely afford the monthly interest repayments, let alone the outstanding debt.) I also don't own much in the way of assets. So my question is: What happens to my credit debt when I die? Do I need to worry about my adult son getting saddled with my debt?


The smartest way to do your Christmas shopping is to order everything online; especially if you despise crowds. The only downside are those damn delivery fees.

Fortunately, it's possible to avoid shipping costs entirely by choosing the right retailers and employing this simple hack.


It's getting easier and easier to set up a low cost point of sale system. With tablets and smartphones delivering apps that can integrate wth finance and stock control systems, it's possible to roll your own PoS easily. And payment services now mean you can skip the bank when looking for an EFTPOS terminal. From today, Vodafone will be selling the Square Reader for just $5 when bundled with selected mobile plans.


Most of us don't have a healthy relationship with money. We think of it as enemy -- something that constantly gets in our way, or we think of it as a goal, something that will solve all of our problems. In reality, money is just a tool. Realising this changed my habits in some interesting ways.


At first, it seems kind of weird that a financial planner should urge you to "just spend the money," but that's what I like about author and Certified Financial Planner Carl Richards. He reminds us that money isn't some vague goal you should work toward. It's just a tool. And it's okay to spend it!


Most credit cards come with decent fraud protection these days. If someone steals and uses your card, most issuers make it easy to dispute the transactions and flag your account. That doesn't mean you should be haphazard with it, though. If you cancel your card or it expires, break out the scissors (or the shredder).