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<?xml version="1.0" encoding="utf-8"?> <rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:media="http://search.yahoo.com/mrss/"><channel><title>Motley Fool Money Articles</title><link>https://www.fool.com/</link><description>The Motley Fool provides leading insight and analysis about stocks, helping investors stay informed.</description><atom:link href="https://www.fool.com/a/feeds/partner/motley-fool-money?apikey=246a20f9-243e-4bb6-b9aa-550a2532ab1e" rel="self"/><language>en-us</language><copyright>Copyright 1995-2024 The Motley Fool. All rights reserved.</copyright><lastBuildDate>Wed, 27 Nov 2024 12:26:28 -0500</lastBuildDate><image><url>https://g.foolcdn.com/assets/images/fool/tmf-logo.png</url><title>Motley Fool Money Articles</title><link>https://www.fool.com/</link><width>144</width><height>34</height></image><item><title>The One Big Reason to Do Your Black Friday Shopping at Costco</title><link>https://www.fool.com/money/personal-finance/articles/the-one-big-reason-to-do-your-black-friday-shopping-at-costco/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1bdc784-ced0-496d-a7b4-cee05e1c580e</link><content:encoded><br/> <div class="image"><img alt="Shopper looking through piles of clothing at warehouse club store." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FCostco_warehouse_wholesale_shopping_vAm8AZa.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="t2ts0">Black Friday is almost here, and retailers are already promoting fantastic deals. With so many stores offering hefty discounts, it can be difficult to decide where to shop. If you have a Costco membership, consider browsing the warehouse club brand's Black Friday deals to see if shopping there could help you keep more money in your <a href="https://www.fool.com/money/banks/checking-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1bdc784-ced0-496d-a7b4-cee05e1c580e" target="_blank">checking account</a>.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=873113b8-5b6b-4938-beb1-8c4aed3ae1db&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1bdc784-ced0-496d-a7b4-cee05e1c580e" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=873113b8-5b6b-4938-beb1-8c4aed3ae1db&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1bdc784-ced0-496d-a7b4-cee05e1c580e" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p data-block-key="fgus">You can save money by taking advantage of the members-only pricing. But that's not the only benefit to shopping at your local club or Costco.com this Black Friday. Here's another reason to shop at Costco instead of other retailers during this busy holiday shopping season.</p><h2 data-block-key="fj4o8" id="costco-has-a-generous-return-policy">Costco has a generous return policy</h2><p data-block-key="47kep">Costco is known for its generous return policy. Many items sold at Costco and Costco.com can be returned anytime if you're dissatisfied. You'll get a full refund when you make a return. This policy can give shoppers more confidence when trying new products and picking up gifts for loved ones.</p><p data-block-key="3eo4r">It's worth noting that some items have more limitations on return eligibility. For example, electronics and most major appliances can only be returned within 90 days. However, most Costco purchases can be returned free of limitations. That's an incredible policy.</p><p data-block-key="9dfu3">Because of this policy, I think it's an excellent idea to shop at Costco this Black Friday. You can save money while checking off items on your holiday shopping list and feel confident you'll get great products. If you're unhappy for any reason, you can make a return and get a refund.</p><p data-block-key="auqse">While many other retailers provide an extended return period throughout the holiday season, Costco's return policy stands out and is rare to find elsewhere. Keep this in mind as you browse sales fliers ahead of Black Friday.</p><p data-block-key="dipcr">Want to save even more at Costco? Use a rewards credit card to pay for your Costco haul. <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1bdc784-ced0-496d-a7b4-cee05e1c580e" target="_blank"><b>Click here to review our list of the top credit cards for Costco shoppers</b></a><b>.</b></p><h2 data-block-key="7jzz9" id="is-a-costco-membership-worth-the-investment">Is a Costco membership worth the investment?</h2><p data-block-key="dll64">Many people find a Costco membership to be well worth the money. But only you can decide if it'll be a good fit. To become a member, you'll pay an annual fee. A Gold Star membership costs $65 per year. Meanwhile, an Executive membership costs $130 annually.</p><p data-block-key="780kf">The biggest difference between memberships is that Executive members can earn 2% rewards on eligible Costco purchases, for a maximum of $1,250 each year. If you're considering joining, review your finances to ensure you can afford the yearly fee.</p><p data-block-key="72d8j"><b>Related:</b> <a href="https://www.fool.com/money/credit-cards/landing/chase-freedom-unlimited-review-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1bdc784-ced0-496d-a7b4-cee05e1c580e" target="_blank"><b>Check out our favorite strategy to maximize your savings at Costco</b></a><b>.</b></p><p data-block-key="r8j6">Many people know that Costco has fantastic deals on household goods, groceries, gas, and more. But there are other benefits to becoming a member. Here are a few other perks available to members:</p><ul><li data-block-key="c8ho9">Discounted gift cards</li><li data-block-key="8079o">Savings on prescription drugs</li><li data-block-key="5dnu">Freebies and discounts on select travel packages through Costco Travel</li><li data-block-key="8s5ak">Access to extended warranties and free tech support on select purchases</li></ul><p data-block-key="7pqg1">If you want to shop Costco's Black Friday deals and take advantage of the plentiful membership benefits all year, you can join at Costco.com or your local club.</p><p data-block-key="a4fhk"><b>One final tip: Costco has a 100% satisfaction guarantee for memberships. If you join and are unsatisfied with your experience, you can cancel your membership and get a refund.</b></p><h2 data-block-key="4k3ww" id="minimize-stress-and-avoid-overspending-by-having-a-plan">Minimize stress and avoid overspending by having a plan</h2><p data-block-key="b95s2">No matter which retailer you choose to shop with this holiday season, we recommend planning ahead to minimize stress and stay on budget. Drafting your shopping list and knowing which retailers have the best deals before Black Friday is a great way to prepare before you shop.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1f1a2b60-fdd4-48d9-b54b-5eddd742b8c2&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1bdc784-ced0-496d-a7b4-cee05e1c580e" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1f1a2b60-fdd4-48d9-b54b-5eddd742b8c2&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1bdc784-ced0-496d-a7b4-cee05e1c580e" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/20360/">Natasha Gabrielle</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Wed, 27 Nov 2024 12:26:28 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/the-one-big-reason-to-do-your-black-friday-shopping-at-costco/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=c1bdc784-ced0-496d-a7b4-cee05e1c580e</guid><category domain="https://www.fool.com/guid">c1bdc784-ced0-496d-a7b4-cee05e1c580e</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Natasha Gabrielle)</author></item><item><title>8 Kohl's Exclusive Products Everyone Should Know About</title><link>https://www.fool.com/money/personal-finance/articles/8-kohls-exclusive-products-everyone-should-know-about/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=98c28065-a659-4524-8a7c-e9f0ad400a59</link><content:encoded><br/> <div class="image"><img alt="A woman shopping in a department store." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FWoman_shopping_department_store_Q0DEWuO.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="kpqhk">With the holiday shopping season well underway, Kohl's could be a good place to find exclusive deals in a classic department store experience. Kohl's has special in-house brands and only-at-Kohl's unique offers, especially on toys, clothes, and household items.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2635f78d-fe12-49ea-9c32-168bbef70e92&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=98c28065-a659-4524-8a7c-e9f0ad400a59" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2635f78d-fe12-49ea-9c32-168bbef70e92&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=98c28065-a659-4524-8a7c-e9f0ad400a59" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="be2g6">Black Friday is Nov. 29, 2024, so be sure to look out for a few of these best deals on exclusive Kohl's products.</p><p data-block-key="7rc5l"><i>All deals were available for online shopping at Kohls.com as of Nov. 26, 2024. Prices may vary by location; some prices may require a discount code at checkout.</i></p><h2 data-block-key="umz1b" id="1.-women's-lc-lauren-conrad-long-plaid-overcoat-(dollar50.99)">1. Women's LC Lauren Conrad Long Plaid Overcoat ($50.99)</h2><p data-block-key="5nlt0">Be ready for colder weather without sacrificing style. This overcoat is from Kohl's exclusive brand LC Lauren Conrad, and it has a two-button front closure, long sleeves, and two pockets. Designed for women who want a chic, effortless lifestyle, this brand and this sleek, eye-catching overcoat could be worth adding to your wardrobe and coat rack.</p><p data-block-key="76ai">Many Kohl's exclusive products are surprisingly low-price -- but wouldn't you like to save even more money on your next Kohl's shopping trip? Using cash back credit cards at Kohl's is a great way to save, because these cards give you an extra percentage of cash back on every Kohl's purchase and on other everyday spending. <a href="https://www.fool.com/money/credit-cards/best-cash-back-credit-card/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=98c28065-a659-4524-8a7c-e9f0ad400a59" target="_blank"><b>Click here to learn more about the best cash back credit cards</b></a><b> -- and see how you can earn 2% to 3% cash back (or more) on your Kohl's holiday shopping and other purchases all year long.</b></p><h2 data-block-key="zajwr" id="2.-wwe-playset-wrekkin'-raw-brawl-kohl's-exclusive-(dollar44.99)">2. WWE Playset Wrekkin' RAW Brawl Kohl's Exclusive ($44.99)</h2><p data-block-key="dq8n9">Help your favorite young pro wrestling fan bring the fun and action of WWE wrestling to life with this WWE playset. It includes a WWE RAW wrestling ring, two action figure wrestlers, a toy forklift vehicle to launch wrestlers into the ring, and the must-have tools of trade for any wrestling event: a folding chair and breakaway table. Some assembly required. Suitable for ages 6 and up.</p><h2 data-block-key="55779" id="3.-fisher-price-little-people-wildlife-train-and-trek-toddler-gift-set-with-animals-and-figures-(dollar34.99)">3. Fisher-Price Little People Wildlife Train & Trek Toddler Gift Set with Animals & Figures ($34.99)</h2><p data-block-key="3cgss">If you have any small children on your holiday shopping list who love trains or animals, they're in luck: This toy set from Fisher-Price combines a train and animals! Available exclusively at Kohl's, this wildlife train playset includes one train, one truck, four animals, two action figures, and more. It also plays music and animal noises at the press of a button. Suitable for ages 1-5.</p><h2 data-block-key="drkpr" id="4.-barbie(r)-horse-riding-dolls-and-horse-playset-(dollar25.49)">4. Barbie® Horse Riding Dolls and Horse Playset ($25.49)</h2><p data-block-key="c95n7">Just like many young children love animals and trains, there's also a lot of crossover between Barbie fans and horse enthusiasts. This playset includes a Barbie doll, a Stacie doll, and their pet horse with a soft brushable mane. Barbie and Stacie come with casual horse-riding outfits with boots and matching helmets, and the horse has a two-seater saddle. Suitable for ages 3-7.</p><h2 data-block-key="wvbny" id="5.-sonoma-goods-for-life(r)-freer-men's-dress-shoes-(dollar25.49)">5. Sonoma Goods For Life® Freer Men's Dress Shoes ($25.49)</h2><p data-block-key="1cnt7">This is a surprisingly low-cost pair of shoes from Sonoma Goods For Life®, Kohl's flagship exclusive brand. These shoes are made with vitalized ortholite technology, designed to promote optimal air flow to help keep feet cool, reduce odor, and wick away moisture while delivering a longer-lasting cushion. Choose from four colors and sizes from 7 to 13. And these shoes get rave reviews: 4.5 out of 5 stars from more than 1,000 Kohl's customers.</p><h2 data-block-key="3j7zm" id="6.-women's-croft-and-barrow(r)-tailored-button-down-shirt-(dollar18.69)">6. Women's Croft & Barrow® Tailored Button-Down Shirt ($18.69)</h2><p data-block-key="594a3">Croft & Barrow® is one of the Kohl's-only fashion brands you can find at this store. This shirt is versatile and stylish, with a collared neckline and 3/4 length rolled sleeves. Choose from eight colors and six sizes, ranging from X Small to XX Large. This shirt can be a welcome addition to your wardrobe for wearing to the office or for after-hours occasions.</p><h2 data-block-key="cs1y6" id="7.-women's-croft-and-barrow(r)-effortless-stretch-pull-on-straight-leg-pants-(dollar16.99)">7. Women's Croft & Barrow® Effortless Stretch Pull-On Straight-Leg Pants ($16.99)</h2><p data-block-key="8ktem">One of the biggest fashion trends since the pandemic is: stretchy pants! Everyone seems to be seeking pants that are easier to put on and more comfortable to wear while working from home, running errands, or just living life. These straight-leg pants from Kohl's exclusive Croft & Barrow® brand are low-cost, highly-rated (4.2 out of 5 stars based on thousands of Kohl's customer reviews), and come with four pockets. Choose from 10 colors and an extensive range of sizes.</p><h2 data-block-key="z62tj" id="8.-kohl's-cares(r)-how-the-grinch-stole-christmas-plush-and-book-bundle-(dollar9)">8. Kohl's Cares® How The Grinch Stole Christmas Plush and Book Bundle ($9)</h2><p data-block-key="bbpu4">If you need a low-cost, last-minute gift that combines a cute, soft plush toy with a classic holiday children's book, this could be the solution. This bundle includes the beloved Dr. Seuss story of "How the Grinch Stole Christmas," and a fuzzy green stuffed Grinch, all for only $9. And it's for a good cause -- 100% of net profits from this item will be donated to the Kohl's Cares® program to support charitable initiatives for children nationwide.</p><h2 data-block-key="xkibh" id="bottom-line">Bottom line</h2><p data-block-key="52gk1">Kohl's exclusive products can give you extra-special savings during the holiday shopping season, or all year round. Just like a classic department store, Kohl's has a surprisingly wide range of deals on everything from toys to shoes to household items. But before you go shopping at Kohl's, be sure to check out your options for the <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=98c28065-a659-4524-8a7c-e9f0ad400a59" target="_blank">best credit cards</a>. Whether using a store credit card, travel credit card, or cash back credit card, using the right credit card can help you save more money and maximize the rewards of your Kohl's shopping experience.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=b5018333-e3f2-45f6-a987-871c532be559&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=98c28065-a659-4524-8a7c-e9f0ad400a59" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=b5018333-e3f2-45f6-a987-871c532be559&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=98c28065-a659-4524-8a7c-e9f0ad400a59" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/Legal/fool-disclosure-policy.aspx">disclosure policy</a>.</i></p></content:encoded><pubDate>Wed, 27 Nov 2024 11:00:23 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/8-kohls-exclusive-products-everyone-should-know-about/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=98c28065-a659-4524-8a7c-e9f0ad400a59</guid><category domain="https://www.fool.com/guid">98c28065-a659-4524-8a7c-e9f0ad400a59</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Ben Gran)</author></item><item><title>10 Great Products You'll Only Find at Costco</title><link>https://www.fool.com/money/personal-finance/articles/10-great-products-youll-only-find-at-costco/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=add5c1ee-b567-4d92-a6ff-50009d4c4422</link><content:encoded><br/> <div class="image"><img alt="A red shopping cart against a yellow background" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2F42_KiBbb6c.width-793.png%3Fwidth%3D793&w=700"/><p class="caption">Image source: Upsplash/The Motley Fool</p></div> <p data-block-key="nlmln">Folks save money at Costco in a variety of ways, though it's fair to say a big chunk of it is down to bulk buying. When you're buying a 36-pack instead of a four-pack of something, it gets a whole lot cheaper, even for name brands.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=4f6fd568-ffe9-4ff9-b262-22fb863260e1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=add5c1ee-b567-4d92-a6ff-50009d4c4422" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=4f6fd568-ffe9-4ff9-b262-22fb863260e1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=add5c1ee-b567-4d92-a6ff-50009d4c4422" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="chl9q">But the real key to saving as much as possible at Costco isn't about buying name brands. Instead, it's all about that Costco-exclusive house brand that is all but synonymous with devoted shoppers: Kirkland Signature.</p><p data-block-key="e8hai">If you want high-quality essentials at hard-to-beat prices, then you'll want to shop for these Kirkland Signature items at Costco.</p><h2 data-block-key="zuofp" id="1.-kirkland-signature-paper-towels">1. Kirkland Signature paper towels</h2><p data-block-key="ads68">This is one of Costco's best-selling items, and for good reason: You get large rolls (160 sheets vs. the 110 sheets on other brands) that you have to change less often, and the towels are sturdy and absorbent. Plus, you're only paying around $0.21 a square foot, which is less expensive than even Walmart ($0.27 per square foot for Great Value paper towels).</p><h2 data-block-key="5iaho" id="2.-kirkland-signature-nuts">2. Kirkland Signature nuts</h2><p data-block-key="7f4u8">The price for nuts at the grocery store always makes my eyes widen a bit, especially since I've switched to buying them solely at Costco (or Sam's Club). The price is right on bulk nuts of all kinds, from shelled walnuts to roasted peanuts to chocolate-covered almonds (the best kind of almond).</p><h2 data-block-key="acbuw" id="3.-kirkland-signature-batteries">3. Kirkland Signature batteries</h2><p data-block-key="df0u9">If you (or a family member) go through hearing aid batteries like they're candy, then take a look at the selection next time you hit Costco. While you're at it, take a look at the well-priced AAA and AA batteries, too.</p><p data-block-key="fso98"><b>Pro tip:</b> All of these great everyday essentials mean Costco hauls can add up. <b>The credit card rewards can, too, when you</b> <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=add5c1ee-b567-4d92-a6ff-50009d4c4422" target="_blank"><b>use one of our top rewards credit cards for Costco</b></a><b>.</b></p><h2 data-block-key="op9g3" id="4.-kirkland-signature-alcohol">4. Kirkland Signature alcohol</h2><p data-block-key="2egus">I've watched several videos and read a number of reviews from professional alcohol…people (they all had fancier titles, I assume), comparing Costco's Kirkland alcohols with name brands. Every one of them ends up "pleasantly surprised" by the quality of the booze. We're coming up on the holiday drinking season, so consider stocking the bar with Kirkland libations.</p><h2 data-block-key="gal2i" id="5.-kirkland-signature-peanut-butter-pretzels">5. Kirkland Signature Peanut Butter Pretzels</h2><p data-block-key="4ugmu">While this style of delightful snack is admittedly not unique to Costco, the Kirkland Signature version is well worth a try. It offers the salty-sweet yumminess you'd expect -- at a fraction of the price.</p><p data-block-key="7os0t">The cheapest version I've managed to find elsewhere was Walmart for around $4 a pound, but they're just not quite as good as some of the other brands. The Kirkland Signature PBP (peanut butter pretzels, for the uninitiated) are addictively tasty, while also being about 25% less expensive than the cheaper alternatives.</p><h2 data-block-key="9eh08" id="6.-kirkland-signature-allergy-medications">6. Kirkland Signature allergy medications</h2><p data-block-key="4q0ea">If dust, dander, or just life in general sets off your allergies, give the Kirkland Signature allergy medications a try. There are Kirkland versions of several major brands, including both Allegra and Zyrtec, for pennies on the dollar of the name brands. Even a once-a-day preventive will only cost you $16 for a year's supply.</p><h2 data-block-key="30m5s" id="7.-kirkland-signature-merino-wool-blend-socks">7. Kirkland Signature merino-wool blend socks</h2><p data-block-key="9757j">Merino wool is my go-to fabric for socks; I like the way it wears and the warmth it provides. Kirkland has merino-blend socks that offer the best of both worlds, and you can get a bundle for what you'll often pay for one pair elsewhere. While I haven't tried them myself yet, the reviewers on costco.com give them 4.7 stars (women's) and 4.6 stars (men's) out of 5, with at least 1,200 reviews each.</p><h2 data-block-key="cdlmz" id="8.-kirkland-signature-coffee">8. Kirkland Signature coffee</h2><p data-block-key="9u599">Whether you use a French press or a plastic pod, keeping pace with your coffee habit can get expensive if you refuse to settle for grocery store brand coffee. Happily, Kirkland Signature isn't a grocery store brand. Its coffees get high marks for quality across the board, with most varieties getting at least 4.5 stars from reviewers.</p><p data-block-key="ejeej"><b>Learn more:</b> Want a simple strategy for saving money on Costco purchases? <a href="https://www.fool.com/money/credit-cards/landing/chase-freedom-unlimited-review-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=add5c1ee-b567-4d92-a6ff-50009d4c4422" target="_blank"><b>See how easy it can be with this cash back rewards card</b></a><b>.</b></p><h2 data-block-key="coppn" id="9.-kirkland-signature-double-sided-gift-wrap">9. Kirkland Signature double-sided gift wrap</h2><p data-block-key="eba2b">Whether you need to wrap a sleighful of presents or just never want to buy wrapping paper again, a three-pack of double-sided paper totaling 270 square feet should do the trick. According to reviewers (and social media), it's also sturdy and attractive (which is about all you can ask for from something meant to be thrown away at the end of the day).</p><h2 data-block-key="1l81m" id="10.-kirkland-signature-laundry-detergent">10. Kirkland Signature laundry detergent</h2><p data-block-key="443i1">Costo's Kirkland laundry detergents come in a few varieties (liquid and pods, scented and non), and are generally cheaper than the name brands, especially if you buy it in person. It's an especially great buy when it's on sale, as this can save you a few cents per load.</p><p data-block-key="ogju">It's also worth noting that if you do have a certain brand loyalty (we all have scent preferences and skin sensitivities), Costco sells the three major brands -- All, Gain, and Tide -- for an excellent price.</p><h2 data-block-key="fs5ub" id="kirkland-is-why-we-costco">Kirkland is why we Costco</h2><p data-block-key="3gqm8">For a lot of folks, the switching to Kirkland Signature products is a big part of what makes Costco worth the cost of membership. Those savings on everyday necessities can really add up over the year, making that membership fee a great investment.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=7537fe93-309c-442b-8399-c0cac2897d92&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=add5c1ee-b567-4d92-a6ff-50009d4c4422" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=7537fe93-309c-442b-8399-c0cac2897d92&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=add5c1ee-b567-4d92-a6ff-50009d4c4422" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/20334/">Brittney Myers</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale and Walmart. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Wed, 27 Nov 2024 09:00:27 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/10-great-products-youll-only-find-at-costco/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=add5c1ee-b567-4d92-a6ff-50009d4c4422</guid><category domain="https://www.fool.com/guid">add5c1ee-b567-4d92-a6ff-50009d4c4422</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Brittney Myers)</author></item><item><title>Can I Use My Spouse's Costco Membership? The Answer May Surprise You</title><link>https://www.fool.com/money/personal-finance/articles/can-i-use-my-spouses-costco-membership-the-answer-may-surprise-you/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=bf3ba63a-e881-4af3-a62e-af35a06659c6</link><content:encoded><br/> <div class="image"><img alt="Two parents and two kids pushing a shopping cart full of groceries while checking the receipt" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Ffamily_grocery_shopping_trip_qCcWbN3.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="7sl6o">The people that we live with, have relationships with, and legally bind ourselves to, all have certain benefits for a lot of programs. You can share your streaming account with household members, for instance, or file taxes with a spouse.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=45a4ff86-d986-4c48-b945-d83a5106a4a5&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=bf3ba63a-e881-4af3-a62e-af35a06659c6" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=45a4ff86-d986-4c48-b945-d83a5106a4a5&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=bf3ba63a-e881-4af3-a62e-af35a06659c6" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p data-block-key="e2vq7">Unfortunately, Costco isn't quite as blasé about sharing as the U.S. government. Simply being a household or couple, or even legal spouses, won't guarantee you anything with Costco.</p><h2 data-block-key="36e6q" id="you-can't-use-your-spouse's-membership-card">You can't use your spouse's membership card</h2><p data-block-key="cq2v4">A physical (or digital, if you have the app) Costco membership card can only be used by the person to whom it belongs, i.e., the person whose face is on it. If that person is your spouse, and not you, you can't use that card to enter Costco or make purchases by yourself.</p><p data-block-key="bg6og">Each member gets two guests, so you can enter if your spouse -- aka, the primary member -- is with you. However, being a guest essentially limits your abilities to: look but don't touch.</p><p data-block-key="ad1ke"><b>Pro tip:</b> If your household is spending enough at Costco to make a membership worthwhile, you should also be maximizing the rewards you earn on those purchases. <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=bf3ba63a-e881-4af3-a62e-af35a06659c6" target="_blank"><b>Check out our top rewards cards for Costco to see some great options.</b></a></p><h2 data-block-key="xjlk2" id="guests-can-come-in-but-they-can't-make-purchases">Guests can come in, but they can't make purchases</h2><p data-block-key="9unq0">The main issue is that only card-carrying members can make purchases. Without a membership card with your photo on it, you can't check out. (Yes, they absolutely can and do check.)</p><p data-block-key="be2rs">In other words, if you and your spouse (or household member, etc.) are both shopping together, but only one of you is a card-carrying member, only the member can pay at checkout.</p><p data-block-key="6i1v0">(If you're doing a group shop on one membership, be sure to set up a fair payment agreement ahead of time.)</p><p data-block-key="dcqfk"><b>Point of technicality:</b> In some locations, you can use the Costco pharmacy without being a member, but this varies. If you're unsure, call ahead to your local warehouse to verify if you'll have access without a membership.</p><h2 data-block-key="5wjuc" id="every-membership-gets-two-cards">Every membership gets two cards</h2><p data-block-key="1ec3e">The easy solution to this limitation is to simply get both partners their own membership card. Each paid membership comes with two cards.</p><p data-block-key="9ag4o">As the primary member, you can share the second card with any member of your household. The second member has all the same benefits, including a membership card with their own name and picture that allows them to shop Costco on their own.</p><p data-block-key="eegqe">If you're ready to take your relationship to the next level by adding them as the second on your Costco membership, you can do so easily online. Or you can make a date of it by heading into your local warehouse, hitting the Membership desk, then celebrating in the undeniably romantic Costco food court.</p><p data-block-key="antu1"><b>Note:</b> If you join Costco online, you'll still need to stop at the Membership desk to get a physical card before your spouse can shop in the store.</p><p data-block-key="716s4"><a href="https://www.fool.com/money/credit-cards/landing/chase-freedom-unlimited-review-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=bf3ba63a-e881-4af3-a62e-af35a06659c6" target="_blank"><b>Click here to see our simple strategy for earning cash back rewards on every Costco purchase</b></a><b>.</b></p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=cb21f81b-e263-4d4d-a53d-e5cac4f6a457&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=bf3ba63a-e881-4af3-a62e-af35a06659c6" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=cb21f81b-e263-4d4d-a53d-e5cac4f6a457&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=bf3ba63a-e881-4af3-a62e-af35a06659c6" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/20334/">Brittney Myers</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Wed, 27 Nov 2024 07:00:28 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/can-i-use-my-spouses-costco-membership-the-answer-may-surprise-you/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=bf3ba63a-e881-4af3-a62e-af35a06659c6</guid><category domain="https://www.fool.com/guid">bf3ba63a-e881-4af3-a62e-af35a06659c6</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Brittney Myers)</author></item><item><title>Watch Out: This 1 Mistake Could Get Your Credit Card Instantly Canceled</title><link>https://www.fool.com/money/credit-cards/articles/watch-out-this-1-mistake-could-get-your-credit-card-instantly-canceled/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=4ab013b9-9263-405a-82a6-4700a6f04d78</link><content:encoded><br/> <div class="image"><img alt="A man looking distressed while reading his credit card bill." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FUpset_man_reading_bills_dHotgB4.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="orpvq">No one wants to get a notification that their credit card has been canceled. This isn't a common occurrence -- credit card companies normally want to add customers, not get rid of them. But they <i>can</i> close your card at any time, and there's one payment mistake that could put your account at risk.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0dcb1e3d-6d72-4aec-82d2-1011e6e1f00b&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=4ab013b9-9263-405a-82a6-4700a6f04d78" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0dcb1e3d-6d72-4aec-82d2-1011e6e1f00b&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=4ab013b9-9263-405a-82a6-4700a6f04d78" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="d664k">If your payment is returned, your card issuer may cancel your card and any other cards you have with it. Here's what can lead to a returned payment and why card issuers are so wary about it.</p><h2 data-block-key="1gcvf" id="why-credit-card-payments-are-returned">Why credit card payments are returned</h2><p data-block-key="b0nr4">A returned payment is caused by an issue with the bank account used to make the payment. Your credit card issuer isn't able to get the money, so the payment is returned. Here are the most common causes of returned payments:</p><ul><li data-block-key="foqru">There are insufficient funds in the account.</li><li data-block-key="6v3em">You changed bank accounts and forgot to update your payment information with your card issuer.</li><li data-block-key="aran0">You entered the incorrect bank account information.</li></ul><p data-block-key="dot90">For example, you have automatic payments set up, and your card issuer tries to process a $2,000 credit card payment. But there's only $1,000 in your bank account. That would result in a returned payment.</p><p data-block-key="5i6ic">While auto-pay is a useful feature to avoid missing your credit card payment, it can lead to returned payments if you're not careful. It's still important to keep track of your payment amount and make sure you have enough money in your bank account to cover it.</p><p data-block-key="9brhq">If interest charges are making it hard to manage your credit card payments, a balance transfer card may be the answer. Move your debt to a balance transfer card, and you can pay it down interest free during an introductory period. <a href="https://www.fool.com/money/credit-cards/best-balance-transfer-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=4ab013b9-9263-405a-82a6-4700a6f04d78" target="_blank"><b>Click here for our list of the best balance transfer cards</b></a><b>, with 0% intro APRs for as long as 21 months.</b></p><h2 data-block-key="mrp23" id="what-happens-after-a-returned-payment">What happens after a returned payment</h2><p data-block-key="acvbp">Credit card companies charge a returned payment fee, normally up to $40. That would be bad enough. But in some cases, they'll also decide they don't want to do business with you anymore.</p><p data-block-key="bcpkp">There are many reports online of people who have had their credit cards canceled for returned payments. Card issuers that do this typically cancel all your credit cards with them, not just the one with the returned payment. They also won't approve you for their credit cards in the future.</p><p data-block-key="7qj6o">It may seem extreme, but a returned payment is a red flag for credit card companies. They're risk-averse, and when your payment bounces, they may decide you're not financially stable enough for them.</p><p data-block-key="c31s4">To be clear, a returned payment doesn't always result in an instant cancellation. It depends on the situation and the card issuer. Your card is more likely to be canceled if:</p><ul><li data-block-key="dgqq4"><b>You opened it recently.</b> A returned payment in the first six months to a year isn't what card issuers like to see.</li><li data-block-key="8l925"><b>It's not your first returned payment.</b> Your card issuer may give you the benefit of the doubt after one returned payment, but it probably won't if it happens again.</li><li data-block-key="bp6k5"><b>There are other red flags indicating you could be a high risk.</b> For example, you've missed payments or have been taking on more and more debt.</li></ul><h2 data-block-key="si6ru" id="stay-on-top-of-your-credit-card-payments">Stay on top of your credit card payments</h2><p data-block-key="dca3p">You don't want to have any payment issues with your credit cards. Your card issuer can charge you costly fees for any returned payments or missed payments. It can also seriously damage your credit score if your payment is past due for 30 days or longer. And your card issuer could decide to close your cards with it.</p><p data-block-key="9rlu9">The best way to manage your credit cards is to pay in full every month. If you do that, you get all the benefits that the <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=4ab013b9-9263-405a-82a6-4700a6f04d78" target="_blank">top credit cards</a> offer, and you won't need to pay any interest. If you can't pay in full, make sure to at least pay the minimum. It's normally just a small portion of your total balance, and paying it keeps your account in good standing.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=3171be51-df5b-49aa-834d-b46847ad18e6&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=4ab013b9-9263-405a-82a6-4700a6f04d78" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=3171be51-df5b-49aa-834d-b46847ad18e6&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=4ab013b9-9263-405a-82a6-4700a6f04d78" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Wed, 27 Nov 2024 06:00:29 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/watch-out-this-1-mistake-could-get-your-credit-card-instantly-canceled/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=4ab013b9-9263-405a-82a6-4700a6f04d78</guid><category domain="https://www.fool.com/guid">4ab013b9-9263-405a-82a6-4700a6f04d78</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Lyle Daly)</author></item><item><title>Is Your Net Worth Higher or Lower Than the Average American's?</title><link>https://www.fool.com/money/personal-finance/articles/is-your-net-worth-higher-or-lower-than-the-average-americans/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2c383005-7165-4f1b-ac3b-1889872de5aa</link><content:encoded><br/> <div class="image"><img alt="Young family smiles while looking through mail." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FYoung_family_smiles_while_looking_through_mail.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="p2kig">You may be aware of how much money you have in your <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2c383005-7165-4f1b-ac3b-1889872de5aa" target="_blank">savings account</a>. But do you know what your net worth amounts to? That's a harder number to come by.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=9e1ed7c2-1247-44f4-b1f4-36846631fdd1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2c383005-7165-4f1b-ac3b-1889872de5aa" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=9e1ed7c2-1247-44f4-b1f4-36846631fdd1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2c383005-7165-4f1b-ac3b-1889872de5aa" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="7t0hh">Your net worth is the difference between your assets and liabilities. As a very simple example, if you have $10,000 in savings and owe $2,000 on your credit cards, your net worth would be $8,000. That's assuming you don't own or owe anything else.</p><p data-block-key="798m0">Now that you know (roughly) how to calculate net worth, you may be eager to see what yours is. And you may also wonder how your net worth compares to the typical American's.</p><p data-block-key="f53mn">There's data from the Federal Reserve to give you an answer. And it might surprise you.</p><h2 data-block-key="sb835" id="the-average-net-worth-is-pretty-high-but-there's-more-to-the-story">The average net worth is pretty high, but there's more to the story</h2><p data-block-key="1bldh">As of 2022, the average American family's net worth was $1,063,700. But if your net worth is nowhere close to that amount, don't panic.</p><p data-block-key="ersr7">First of all, it may be that you're on the younger side and haven't had time to build up a lot of assets yet. But also, you should know that while the <i>average</i> U.S. family's net worth is over $1 million, the <i>median</i> net worth as of 2022 was $192,900.</p><p data-block-key="dh2k0">What this tells us is that $192,000 is more representative of American families as a whole. The reason the average net worth is so much higher is that a small percentage of very wealthy families is probably skewing that number upward.</p><h2 data-block-key="fj4qd" id="how-to-increase-your-net-worth">How to increase your net worth</h2><p data-block-key="euqqo">If you're not super pleased with your net worth, here's some good news. With the right strategy, you can grow it over time.</p><p data-block-key="a4sg0">And that strategy is a pretty simple one: Avoid debt as much as possible, and invest in assets that can gain value over time.</p><p data-block-key="ctkbh">In this first regard, aim to steer clear of credit card debt, since it can cost you a lot of interest. If you're going to take on debt, do so in a manner that helps your net worth, like <a href="https://www.fool.com/money/mortgages/best-mortgage-lenders/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2c383005-7165-4f1b-ac3b-1889872de5aa" target="_blank">signing a mortgage</a> to buy a house. If you borrow $200,000 to finance a home that costs $250,000, in 20 years, that same property could be worth $500,000 or more.</p><p data-block-key="5ce26">Another asset it pays to invest in is stocks. Over the past 50 years, the stock market's average annual return (as measured by the S&P 500) has been 10%, accounting for years of solid gains as well as downturns.</p><p data-block-key="7kmfp">If you have $10,000 to put into a stock portfolio today and you leave it alone for 30 years, at that same return, you're looking at growing your initial investment to almost $175,000. So if you like the sound of that, <a href="https://www.fool.com/money/buying-stocks/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2c383005-7165-4f1b-ac3b-1889872de5aa" target="_blank"><b>open a brokerage account as soon as possible so you can put your money to work for you</b></a>.</p><p data-block-key="6i9i">Whether your net worth is something you think about often or hardly at all, the right approach could help it grow quite a bit over time. So if your net worth is lower than the typical American's, don't let it get you down. Instead, do your best to live below your means, keep your debts to a minimum, and invest the rest.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d3993ab0-1718-4d33-8f39-2e308a7de974&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2c383005-7165-4f1b-ac3b-1889872de5aa" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d3993ab0-1718-4d33-8f39-2e308a7de974&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2c383005-7165-4f1b-ac3b-1889872de5aa" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Wed, 27 Nov 2024 05:00:22 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/is-your-net-worth-higher-or-lower-than-the-average-americans/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=2c383005-7165-4f1b-ac3b-1889872de5aa</guid><category domain="https://www.fool.com/guid">2c383005-7165-4f1b-ac3b-1889872de5aa</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>5 of the Best Gifts for Kids at Kohl's</title><link>https://www.fool.com/money/personal-finance/articles/5-of-the-best-gifts-for-kids-at-kohls/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3e00cc0e-2591-4c2c-b7e1-429c55adae34</link><content:encoded><br/> <div class="image"><img alt="A dollar bill against a pink background" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2F32_R1FIKwj.width-793.png%3Fwidth%3D793&w=700"/><p class="caption">Image source: The Motley Fool/Upsplash</p></div> <p data-block-key="7319e">Still have presents to buy for the upcoming holidays? There is time to shop for winning gifts. Shopping at retailers like Kohl's can help you keep more money in your<a href="https://www.fool.com/money/banks/checking-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3e00cc0e-2591-4c2c-b7e1-429c55adae34" target="_blank"> checking account</a>. The popular store has many great deals on great gifts, including items for kids.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0adc9141-b31d-4186-b451-69c4618e44cc&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3e00cc0e-2591-4c2c-b7e1-429c55adae34" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0adc9141-b31d-4186-b451-69c4618e44cc&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3e00cc0e-2591-4c2c-b7e1-429c55adae34" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="588s7">Ready to shop? Here are some of the best gifts for kids that you can get at your local Kohl's store and Kohls.com.</p><h2 data-block-key="b47e0" id="1.-barbie-dreamhouse-pool-party-doll-house-with-3-story-slide:-dollar139.99">1. Barbie Dreamhouse Pool Party Doll House with 3-Story Slide: $139.99</h2><p data-block-key="20vf2">Here's a perfect gift for the Barbie fan on your list. Kohl's offers the Barbie Dreamhouse Pool Party Doll House with 3-Story Slide at a major discount for Black Friday. Through Nov. 29, you can buy it for $139.99 instead of $199.99 at Kohl's. That's a savings of $60 on what's sure to be a present that your child will remember for years to come. This Barbie house features ten different play areas, has room for three Barbie dolls to sleep, and has a pool, balcony, and slide.</p><h2 data-block-key="872g3" id="2.-sony-playstation-5-dualsense-wireless-controller:-dollar54.99">2. Sony PlayStation 5 DualSense Wireless Controller: $54.99</h2><p data-block-key="3fdto">If you have a kiddo on your list who is a gamer, an extra controller would make a great gift. You can pick up a PlayStation 5 DualSense Wireless Controller at Kohl's for $54.99 instead of $74.99. They will appreciate having an additional controller around when friends visit.</p><p data-block-key="ah2mn">Want to maximize your savings? You can earn cash back on your Kohl's haul with the right credit card.<a href="https://www.fool.com/money/credit-cards/best-cash-back-credit-card/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3e00cc0e-2591-4c2c-b7e1-429c55adae34" target="_blank"> <b>Click here to review our curated list of the top cash back credit cards</b></a><b>.</b></p><h2 data-block-key="zix83" id="3.-step2-studio-art-desk-pretend-play-set:-dollar90.99">3. Step2 Studio Art Desk Pretend Play Set: $90.99</h2><p data-block-key="3asu1">An art desk would be a fantastic gift for the young aspiring artist in your life. Kohl's has an art desk and play set on sale for Back Friday. Through Nov. 29, you can purchase the Step2 Studio Art Desk Pretend Play Set for $90.99 instead of $129.99.</p><p data-block-key="3urtq">This play set features an adjustable work surface that folds down to become a desk or lifts to become an easel. The surfaces are easy to wipe clean, and plenty of storage bins are included. Take advantage of this deal if you have a creative child who loves to express their artistic side.</p><h2 data-block-key="gxzcz" id="4.-mattel-hot-wheels-city-ferris-wheel-whirl-playset:-dollar24.99">4. Mattel Hot Wheels City Ferris Wheel Whirl Playset: $24.99</h2><p data-block-key="51h1b">Shopping for a child who loves cars? You won't want to ignore this deal. Through Nov. 29, Kohl's has the Mattel Hot Wheels City Ferris Wheel Whirl Playset on sale for 50% off. This unique set is available for $24.99 instead of $49.99. It includes one Hot Wheels City Ferris Wheel Whirl playset and one Hot Wheels car. This item is ideal for kids three and up.</p><h2 data-block-key="4wxi8" id="5.-fujifilm-mini-12-instant-camera-holiday-bundle:-dollar79.99">5. FujiFilm Mini 12 Instant Camera Holiday Bundle: $79.99</h2><p data-block-key="82dlv">This is a great option for kids and teens alike. There's nothing cooler than instant cameras. Kohl's is running a Black Friday special on the FujiFilm Mini 12 Instant Camera Holiday Bundle. Through Nov. 29, you can get it at Kohl's for $79.99 instead of $89.95.</p><p data-block-key="akaj8">The bundle includes a FujiFilm Mini 12 camera, batteries, film, a drawstring pouch, a photo album, an idea book, and 20 frame stickers. With this unique gift, you can help your child capture their favorite memories with friends and family.</p><h2 data-block-key="fxrn7" id="now-is-a-great-time-to-shop-to-maximize-your-savings">Now is a great time to shop to maximize your savings</h2><p data-block-key="c255q">These are a few of the best kids' gifts you can get from Kohl's. The retailer has many other winning finds for the kiddos on your list. Don't delay completing your holiday shopping. Many retailers have popular gift items on sale, so now is a great time to snag great prices.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=04806ca4-0501-4658-aecc-2a8496978a39&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3e00cc0e-2591-4c2c-b7e1-429c55adae34" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=04806ca4-0501-4658-aecc-2a8496978a39&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3e00cc0e-2591-4c2c-b7e1-429c55adae34" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 12:15:25 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/5-of-the-best-gifts-for-kids-at-kohls/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=3e00cc0e-2591-4c2c-b7e1-429c55adae34</guid><category domain="https://www.fool.com/guid">3e00cc0e-2591-4c2c-b7e1-429c55adae34</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Natasha Gabrielle)</author></item><item><title>4 Tips to Avoid Overspending on Black Friday and Cyber Monday</title><link>https://www.fool.com/money/personal-finance/articles/4-tips-to-avoid-overspending-on-black-friday-and-cyber-monday/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=1d5319e4-ead7-4be0-a196-5fd87574a0bb</link><content:encoded><br/> <div class="image"><img alt="Woman black friday shopping from her couch at home on her laptop." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FWoman_black_friday_shopping_from_her_couch_at_.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="aiuf0">Many people do their holiday shopping on Black Friday and Cyber Monday to take advantage of big sales. Many retailers promote incredible deals on these shopping holidays. You can keep more money in your <a href="https://www.fool.com/money/banks/checking-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=1d5319e4-ead7-4be0-a196-5fd87574a0bb" target="_blank">checking account</a> by purchasing items at a significant discount.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=51fda67f-8c95-48cf-89d6-ac6299b97fb5&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=1d5319e4-ead7-4be0-a196-5fd87574a0bb" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=51fda67f-8c95-48cf-89d6-ac6299b97fb5&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=1d5319e4-ead7-4be0-a196-5fd87574a0bb" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="8qif0">But it's crucial to take extra care not to overspend beyond your means. Otherwise, you may rack up expensive credit card debt or negatively impact your finances in other ways.</p><p data-block-key="8j6ot">When there are so many deals at your favorite retailers, it can be tempting to spend more than you intend. However, it's possible to honor your budget while shopping deals this holiday season. I'll share a few tips to help you avoid overspending on Black Friday and Cyber Monday.</p><h2 data-block-key="z6bjv" id="1.-make-a-plan-before-you-shop">1. Make a plan before you shop</h2><p data-block-key="6sq2e"><b>My No. 1 tip is to always go in with a plan.</b> It's more challenging to overspend if you have a shopping list ready and know which retailers have the best deals. Planning your shopping adventures takes effort, but it's worth it.</p><p data-block-key="7cekb">Many retailers release their sales fliers well in advance of Black Friday and Cyber Monday. You can browse these fliers to get a feel for what's on sale and which store will have the best price.</p><p data-block-key="e03uf">Doing this can make it easier to draft your shopping list. You'll make your life easier by knowing what you plan to buy and where you plan to get it before the sales go live.</p><h2 data-block-key="5ogqc" id="2.-set-a-budget-and-stick-to-it">2. Set a budget -- and stick to it</h2><p data-block-key="85bq0">It's also essential to set a budget. Knowing how much you can afford to spend will make you feel less stressed. Review your finances now so you can set an accurate budget. Keep your spending limit in mind as you shop. Remember, there will be more sales in the future. If you're brand new to budgeting, <a href="https://www.fool.com/money/personal-finance/best-budgeting-apps/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=1d5319e4-ead7-4be0-a196-5fd87574a0bb" target="_blank">budgeting apps</a> can be a helpful resource.</p><h2 data-block-key="gim7o" id="3.-maximize-your-savings">3. Maximize your savings</h2><p data-block-key="11ikm">There are plentiful deals to shop on Black Friday and Cyber Monday. But shopping during sales isn't the only way to save money. Looking for other ways to maximize your savings can allow you to stretch your budget further so you're less likely to overspend. Here are some tips:</p><ul><li data-block-key="8qffg"><b>Use coupons:</b> Many retailers offer promo codes and coupon codes to help you save more. Don't forget to enter these coupon codes at checkout. This is an easy way to take advantage of additional discount opportunities to lower your shopping bill.</li><li data-block-key="8go2u"><b>Use cash back apps:</b> Another way to maximize your savings is by using <a href="https://www.fool.com/money/personal-finance/best-cash-back-apps/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=1d5319e4-ead7-4be0-a196-5fd87574a0bb" target="_blank">cash back apps</a>. Shoppers can activate offers and make purchases at participating retailers to earn cash back on their spending. It's an easy way to get rewarded.</li><li data-block-key="5jq4m"><b>Pay with rewards credit cards:</b> You can also get rewarded with the right credit card. Swiping a rewards credit card at checkout could earn you cash back or other valuable rewards.</li></ul><p data-block-key="beb5e"><b>Want to earn cash back on your next shopping trip?</b> <a href="https://www.fool.com/money/credit-cards/best-cash-back-credit-card/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=1d5319e4-ead7-4be0-a196-5fd87574a0bb" target="_blank"><b>Click here to explore our curated list of top cash back credit cards</b></a><b>.</b></p><h2 data-block-key="5hcr2" id="4.-disconnect-to-avoid-the-temptation-to-spend-more">4. Disconnect to avoid the temptation to spend more</h2><p data-block-key="5pu7m">If you're worried you'll be tempted to overspend, I recommend disconnecting from all the sales and marketing noise. That may look like unsubscribing to retail email newsletters or unplugging from social media for the day.</p><p data-block-key="far9i">Once you complete your planned shopping, disconnecting can help you avoid sales messages that drag you in and encourage you to spend more. You may also want to plan an activity for the rest of the day so you have something fun to do that doesn't involve browsing the internet.</p><h2 data-block-key="o8sz3" id="there-will-be-more-sales-in-the-future">There will be more sales in the future</h2><p data-block-key="b5t2c">Many retailers promote fantastic deals during Black Friday and Cyber Monday. But these aren't the only days to score discounted prices. Stick to the plan, and don't feel pressured to spend money just because something is on sale. There will be more opportunities to shop deals in the future. You can save up more money in the coming months to shop future holiday sales.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=26f6997b-9a0c-4d6c-ba36-df36ad7f5b84&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=1d5319e4-ead7-4be0-a196-5fd87574a0bb" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=26f6997b-9a0c-4d6c-ba36-df36ad7f5b84&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=1d5319e4-ead7-4be0-a196-5fd87574a0bb" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/Legal/fool-disclosure-policy.aspx">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 12:00:31 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/4-tips-to-avoid-overspending-on-black-friday-and-cyber-monday/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=1d5319e4-ead7-4be0-a196-5fd87574a0bb</guid><category domain="https://www.fool.com/guid">1d5319e4-ead7-4be0-a196-5fd87574a0bb</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Natasha Gabrielle)</author></item><item><title>5 Habits of Savvy Travelers Who Fly in Business Class</title><link>https://www.fool.com/money/credit-cards/articles/5-habits-of-savvy-travelers-who-fly-in-business-class/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c8a74a6f-c505-4198-afa9-16fbd93e3153</link><content:encoded><br/> <div class="image"><img alt="Airplane passenger flying business class" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FAirplane_passenger_flying_business_class_cwqh3.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="613q8">Flying business class is a fun way to make a trip more special. It almost feels like a different world than the economy cabin. You get a spacious seat, and on long flights, it could be a lie-flat seat that turns into a bed. There's also a premium meal service. And who doesn't love champagne before takeoff?</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=8f2c8952-e679-4792-a13e-e94f6d482932&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c8a74a6f-c505-4198-afa9-16fbd93e3153" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=8f2c8952-e679-4792-a13e-e94f6d482932&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c8a74a6f-c505-4198-afa9-16fbd93e3153" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="98npk">The biggest downside is the price tag, but savvy travelers know how to score a better deal. If you'd like to get the business-class experience for less, here's what the experts do.</p><h2 data-block-key="3osch" id="1.-pay-for-tickets-with-miles">1. Pay for tickets with miles</h2><p data-block-key="vikn">Most airlines sell tickets in cash or miles. Cash is how most people pay, and sometimes you can get a reasonable price. But in business class, tickets are expensive. On a long-haul international flight, you could be looking at $3,000 or more.</p><p data-block-key="coev2">In that situation, you're much better off paying with miles. The same ticket could cost 70,000 miles, plus taxes and fees. I've saved over $5,000 booking business class with miles instead of cash.</p><p data-block-key="femim">You may be wondering just how you're supposed to earn all those miles. To start, you can sign up with the airline's loyalty program and earn miles on flight bookings. But there's also a way to speed up the process.</p><h2 data-block-key="0jhcq" id="2.-use-travel-credit-cards">2. Use travel credit cards</h2><p data-block-key="93gj4">Travel cards make it much easier to earn the miles you need for business class. You could:</p><ul><li data-block-key="93hh2">Get an airline credit card that earns miles with one specific airline.</li><li data-block-key="a087v">Get a travel card with points you can transfer to multiple airlines.</li></ul><p data-block-key="8fm1v">I prefer the latter because it gives you far more booking options. For example, I have travel cards with Chase and American Express. Each of them earns points I can transfer to more than 10 domestic and international airlines.</p><p data-block-key="althb">With a travel card, you can earn points or miles on your everyday spending instead of just when you fly. Many of these cards also have big welcome offers worth 50,000 points or more. <a href="https://www.fool.com/money/credit-cards/best-travel-rewards-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c8a74a6f-c505-4198-afa9-16fbd93e3153" target="_blank"><b>Click here to learn more and check out the top travel rewards cards</b></a><b>.</b></p><h2 data-block-key="nbl4r" id="3.-keep-your-travel-dates-open">3. Keep your travel dates open</h2><p data-block-key="fq3ud">Airfare prices can vary quite a bit from one day to the next. This is true no matter which cabin you're booking. But you may see particularly large fluctuations in business class, since prices are much higher.</p><p data-block-key="fl3k7">Whether you're booking with cash or miles, try to avoid getting locked into a specific date. The more flexible you are, the more likely it is that you find an affordable ticket. Review prices on multiple dates to see what's available. Low-fare calendars are a useful tool to quickly see which days have the best deals.</p><h2 data-block-key="und70" id="4.-start-shopping-for-airfare-ahead-of-time">4. Start shopping for airfare ahead of time</h2><p data-block-key="2f77s">Getting a deal on business class is a numbers game. It helps to give yourself as many chances as possible to find a ticket. If you're shopping at the last minute, you're forced to grab whatever's available.</p><p data-block-key="elso0">So, how soon should you start shopping? Going, a travel deals site, recommends <b>one to three months before departure for domestic flights and two to eight months before departure for international flights.</b> These are the periods when fares are most likely to be at their lowest. If your trip will be during the peak travel season, add a few months to those time frames.</p><h2 data-block-key="x0w24" id="5.-see-if-you-can-score-elite-status">5. See if you can score elite status</h2><p data-block-key="7pbi4">Most airline loyalty programs are tiered. Frequent flyers who spend enough money with an airline can move up into its elite status tiers. This gets you special benefits, which often include complimentary upgrades when available.</p><p data-block-key="clq6m">Trying to get elite status with an airline is only worth it if you travel often. If you think you can do it, look into the requirements for reaching elite status with your favorite airline.</p><p data-block-key="9n8gq">If one of your travel goals is to fly business class, there are plenty of ways to make it happen. To start, <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c8a74a6f-c505-4198-afa9-16fbd93e3153" target="_blank">find a credit card</a> with a travel rewards program you like. Make sure you earn the welcome offer, and sign up for the loyalty programs of any airlines you use. After that, it's all about shopping around, finding the best business-class deals, and maybe seeing if you can land elite status.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=7288a5a9-12e3-48c5-9ab4-789461d9544a&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c8a74a6f-c505-4198-afa9-16fbd93e3153" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=7288a5a9-12e3-48c5-9ab4-789461d9544a&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c8a74a6f-c505-4198-afa9-16fbd93e3153" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.American Express is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. <a href="https://www.fool.com/author/20014/">Lyle Daly</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 11:00:30 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/5-habits-of-savvy-travelers-who-fly-in-business-class/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=c8a74a6f-c505-4198-afa9-16fbd93e3153</guid><category domain="https://www.fool.com/guid">c8a74a6f-c505-4198-afa9-16fbd93e3153</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Lyle Daly)</author></item><item><title>3 Things You Didn't Know About Costco's Kirkland Products</title><link>https://www.fool.com/money/personal-finance/articles/3-things-you-didnt-know-about-costcos-kirkland-products/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1943d87-dedc-4b28-8fb5-ae7b0b7dc9fb</link><content:encoded><br/> <div class="image"><img alt="Young person shopping grocery aisle" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FGettyImages-1437990851_VUvHPwR.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="uvm31">If you've ever spent a meaningful amount of time in a Costco warehouse, then you've probably seen the Kirkland name many times over. Kirkland is Costco's signature store brand, and you'll find it on thousands of products.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1d155270-e742-4277-96db-e161c771050f&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1943d87-dedc-4b28-8fb5-ae7b0b7dc9fb" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1d155270-e742-4277-96db-e161c771050f&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1943d87-dedc-4b28-8fb5-ae7b0b7dc9fb" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="43mar">If you're new to Costco, you may not be so familiar with the Kirkland label. If that's you, here are three important things to know about Kirkland products.</p><h2 data-block-key="o0tut" id="1.-they-can-save-you-a-lot-of-money">1. They can save you a lot of money</h2><p data-block-key="3cfli">Your local supermarket's store brand is often less expensive than the competing name-brands you'll see on the shelves. Similarly, Costco's Kirkland brand is usually less expensive than the name-brands Costco carries. But what may surprise you is<i> how much</i> less expensive.</p><p data-block-key="bbp47">Costco aims to price its Kirkland products so customers save at least 20% compared to national competing brands. For example, if you're buying a $10 jar of peanut butter from a recognized brand, Costco will aim to sell a similarly sized jar of Kirkland peanut butter for $8 or less.</p><p data-block-key="5j149">Now, $2 in savings may not seem all that substantial at first. But multiply that $2 across dozens of products you might buy each month during the year. You could save many hundreds of dollars just by giving Kirkland products a try.</p><p data-block-key="9bc7q">Want another great way to save money at Costco? Use a credit card that rewards you for your warehouse club purchases. <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1943d87-dedc-4b28-8fb5-ae7b0b7dc9fb" target="_blank"><b>Click here for a list of the best credit cards for Costco shoppers</b></a>.</p><h2 data-block-key="21ry6" id="2.-you-can-buy-way-more-than-just-kirkland-food">2. You can buy way more than just Kirkland food</h2><p data-block-key="1v7jf">When a lot of people think of the Kirkland brand, they picture that label on pantry staples, snacks, and other grocery items. But Kirkland isn't just about food. You can buy the Kirkland version of everything from cleaning supplies to home decor to clothing.</p><p data-block-key="dirpd">Want to know another place you'll find the Kirkland name? Costco's fuel stations. It pays to fill your tank with Kirkland gas for a couple of reasons.</p><p data-block-key="3fs93">First, Kirkland gas is typically much cheaper than the gas at competing fuel stations. But also, it holds the TOP TIER designation, which means it's designed to clean your engine and lead to better performance for your vehicle. Talk about a win-win.</p><h2 data-block-key="zcfh2" id="3.-kirkland-products-are-sometimes-made-by-brands-you-know-and-love">3. Kirkland products are sometimes made by brands you know and love</h2><p data-block-key="fjanu">You might assume that any product with the Kirkland label is produced by Costco alone. But that's not necessarily true.</p><p data-block-key="apt3h">Although this isn't always advertised, some of the Kirkland products you'll see on Costco's shelves are made by brands you're already familiar with. For example, some of the Kirkland coffee that Costco sells is made by Starbucks. Only you'll pay less for it thanks to the Kirkland label.</p><p data-block-key="7nabi">There are plenty of benefits to loading up on Kirkland products when you shop at Costco. Not only can you <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1943d87-dedc-4b28-8fb5-ae7b0b7dc9fb" target="_blank">save money</a>, but you get to enjoy high-quality products.</p><p data-block-key="4eio1">And remember, Costco stands behind every single product it puts on its shelves. If you decide to take a chance on a Kirkland product that doesn't work out or meet your expectations, you can always bring it back for a full refund. But chances are, that won't end up happening, and you'll realize how much you have to gain by <a href="https://www.fool.com/money/credit-cards/landing/chase-freedom-unlimited-review-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1943d87-dedc-4b28-8fb5-ae7b0b7dc9fb" target="_blank">maximizing your Costco membership</a> and becoming loyal to the Kirkland brand.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0b13b170-7809-480a-93ff-db5906d446f7&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1943d87-dedc-4b28-8fb5-ae7b0b7dc9fb" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0b13b170-7809-480a-93ff-db5906d446f7&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1943d87-dedc-4b28-8fb5-ae7b0b7dc9fb" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/14582/">Maurie Backman</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale and Starbucks. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 10:00:29 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/3-things-you-didnt-know-about-costcos-kirkland-products/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=c1943d87-dedc-4b28-8fb5-ae7b0b7dc9fb</guid><category domain="https://www.fool.com/guid">c1943d87-dedc-4b28-8fb5-ae7b0b7dc9fb</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>5 Travel Card Perks That Could Save You Over $500</title><link>https://www.fool.com/money/credit-cards/articles/5-travel-card-perks-that-could-save-you-over-500/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=9c1830ce-15ae-4e73-9839-e37799b38bfc</link><content:encoded><br/> <div class="image"><img alt="A hotel employee walking a guest into his upgraded hotel room." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fhotel_employee_showing_guest_into_room_miEihMq.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="8ku9i">When I look for a travel card, my philosophy is go big or go home. I love finding cards with benefits that save me a ton of money, dramatically upgrade my travel experience, or both. I couldn't care less about small perks, like $10 spending credits to restaurants I never visit.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=31475795-39d9-4cd0-8395-a7ec458c9517&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=9c1830ce-15ae-4e73-9839-e37799b38bfc" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=31475795-39d9-4cd0-8395-a7ec458c9517&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=9c1830ce-15ae-4e73-9839-e37799b38bfc" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="1mu26">After eight years of using travel cards, the list below covers the most valuable perks I've found. Each of them could potentially save you over $500. <b>If you want to see cards that have these benefits and more,</b> <a href="https://www.fool.com/money/credit-cards/best-travel-rewards-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=9c1830ce-15ae-4e73-9839-e37799b38bfc" target="_blank"><b>check out our curated list of the top travel rewards cards</b></a><b>.</b></p><h2 data-block-key="mq0cj" id="1.-a-free-night-certificate">1. A free night certificate</h2><p data-block-key="5hosq">Many hotel credit cards offer a free night certificate. This is normally a yearly benefit, although you can sometimes earn additional certificates if you spend enough. They work just like they sound -- you get a free night at one of the hotel's properties.</p><p data-block-key="50ce2">Where you can use these depends on the certificate. As a general rule, the higher your hotel card's annual fee, the more options you'll have to redeem your free night.</p><p data-block-key="ejd7r">If you like staying at nice hotels, you could get incredible value from a free night certificate. Some travelers, myself included, have saved $500 to $1,000 with this benefit. You can usually combine a free night certificate with a stay you book in points, too, and get a luxury stay for as little as $0.</p><h2 data-block-key="yswl9" id="2.-a-welcome-offer">2. A welcome offer</h2><p data-block-key="71ipv">Travel cards tend to have the biggest welcome offers for new cardholders. Cash back cards typically offer anywhere from $150 to $250 in bonus cash. But with travel cards, it's not uncommon to see welcome offers of 50,000 to 100,000 points. Depending on the rewards program, 100,000 points would be worth $1,000 or significantly more.</p><p data-block-key="bjcdb">Most welcome offers have a spending requirement you need to reach to earn them. Before you apply, make sure you won't have any trouble spending enough to reach the minimum. Falling short of the spending requirement also means missing out on your card's welcome offer.</p><h2 data-block-key="1sk9e" id="3.-airport-lounge-access">3. Airport lounge access</h2><p data-block-key="2kst9">Kicking back in an airport lounge before your flight is far more enjoyable than spending that time in the general boarding area. Premium travel cards often include a complimentary membership to a lounge program.</p><p data-block-key="6kjec">Everyone has their own opinion on how much airport lounge access is worth. Some people put it at $50 per visit, based on the value of a better airport experience and what they'll save on food and drinks. At that value, if you take 10 flights per year (five round trips), you'd be getting $500 out of this benefit.</p><h2 data-block-key="vc94l" id="4.-hotel-elite-status">4. Hotel elite status</h2><p data-block-key="9ts9n">This is another perk you can get from hotel credit cards. Instead of needing to stay a certain number of nights per year to reach elite status, you get it automatically thanks to your credit card.</p><p data-block-key="2pd8b">The benefits depend on the hotel and the status you have with it. Here are some of the typical perks you could get courtesy of hotel elite status:</p><ul><li data-block-key="9p50g">Complimentary upgrades when available</li><li data-block-key="b5nnu">Free daily breakfast for two</li><li data-block-key="343pq">Late check-in and early checkout when available</li><li data-block-key="e22b">A fifth night free on award stays</li></ul><p data-block-key="eira3">Considering hotel breakfast prices these days, just getting that for free can help you save quite a bit. For a firsthand example, it saved me $328 earlier this year during a four-night hotel stay. Upgrades, although not guaranteed, are also a valuable benefit.</p><h2 data-block-key="r8q50" id="5.-travel-insurance">5. Travel insurance</h2><p data-block-key="1mgb">As exciting as travel is, there's a lot that can go wrong. Bad weather leads to your flight being canceled. The airline loses your luggage. Your rental car gets scratched in a parking lot. These are all issues that could easily cost you $500 or more.</p><p data-block-key="9oh3n">Travel insurance can protect you in these kinds of situations, and some credit cards provide it as a complimentary benefit. Here are a few examples of the travel protections available with certain credit cards:</p><ul><li data-block-key="9v50s">Rental car damage and theft insurance</li><li data-block-key="4mbgo">Lost or delayed luggage reimbursement</li><li data-block-key="1cjs7">Trip delay reimbursement</li><li data-block-key="1f8pi">Trip cancellation and interruption insurance</li></ul><p data-block-key="9cl61">If you're trying to <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=9c1830ce-15ae-4e73-9839-e37799b38bfc" target="_blank">find a credit card</a>, figuring out which benefits you want can help narrow down the list. Now that you know about some of the best travel card perks, you can pick the ones you like and start looking for your next card.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=54fc2ef9-907e-408d-b1f3-3e5696dce280&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=9c1830ce-15ae-4e73-9839-e37799b38bfc" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=54fc2ef9-907e-408d-b1f3-3e5696dce280&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=9c1830ce-15ae-4e73-9839-e37799b38bfc" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/20014/">Lyle Daly</a> has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 09:30:16 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/5-travel-card-perks-that-could-save-you-over-500/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=9c1830ce-15ae-4e73-9839-e37799b38bfc</guid><category domain="https://www.fool.com/guid">9c1830ce-15ae-4e73-9839-e37799b38bfc</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Lyle Daly)</author></item><item><title>5 of the Best Men's Gifts at Kohl's</title><link>https://www.fool.com/money/personal-finance/articles/5-of-the-best-mens-gifts-at-kohls/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=10a206c6-8ad8-4eb1-b218-d35ae688a68e</link><content:encoded><br/> <div class="image"><img alt="A wrapped box with a pink bow" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FJester_Images_1_4K8UTF3.width-793.png%3Fwidth%3D793&w=700"/><p class="caption">Image source: Upsplash/The Motley Fool</p></div> <p data-block-key="51loy">Still need to shop for the special men in your life? You still have plenty of time, and Kohl's has some fantastic deals on great items that the guys in your life will love. The retailer continuously offers coupons to help you maximize your savings when shopping at your local store and Kohls.com.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=aa049c82-f081-4f56-9e16-be98080bab1b&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=10a206c6-8ad8-4eb1-b218-d35ae688a68e" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=aa049c82-f081-4f56-9e16-be98080bab1b&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=10a206c6-8ad8-4eb1-b218-d35ae688a68e" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="cumgo">Ready to shop? Here are a few of the best men's gifts you can buy from Kohl's.</p><h2 data-block-key="8rgh3" id="1.-beats-pill-bluetooth-speaker:-dollar99.99">1. Beats Pill Bluetooth Speaker: $99.99</h2><p data-block-key="5mbqg">If you have a music lover on your list, a portable Bluetooth speaker would make for a perfect present. Kohl's is selling the Beats Pill Bluetooth Speaker at a $50 discount for Black Friday. Through Nov. 29, you can buy it for $99.99. This durable, water-resistant portable speaker has a battery life of up to 24 hours. It retails for $149.99, so you'll want to add this item to your cart soon so you don't miss out on this fantastic Black Friday offer.</p><h2 data-block-key="twkwh" id="2.-bagsmart-blast-travel-backpack:-dollar47.59">2. BAGSMART Blast Travel Backpack: $47.59</h2><p data-block-key="a23a7">If you have a man in your life who loves to travel, this is a great gift idea he'll appreciate. A quality travel bag can make traveling less stressful. The BAGSMART Blast Travel Backpack is available at Kohl's for $55.99. It's on sale through Nov. 29 for Black Friday.</p><p data-block-key="9et46">When using coupon code SHOP15 at checkout, you'll pay only $47.59. That's an amazing price, considering this travel backpack retails for $69.99. This stylish backpack features six compartments, three interior pockets, and six exterior pockets. It makes for a winning gift that your favorite traveler can use for many years to come.</p><p data-block-key="ejg81">Want to save more on your next Kohl's haul? You can earn cash back with the right credit card. <a href="https://www.fool.com/money/credit-cards/best-cash-back-credit-card/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=10a206c6-8ad8-4eb1-b218-d35ae688a68e" target="_blank"><b>Click here to review our list of the top cash back credit cards with big rewards</b></a><b>.</b></p><h2 data-block-key="4cj6n" id="3.-sony-playstation-5-dualsense-wireless-controller:-dollar54.99">3. Sony PlayStation 5 DualSense Wireless Controller: $54.99</h2><p data-block-key="2t5ac">Is your guy an avid gamer? Now is the perfect time to get him an extra PlayStation 5 DualSense Wireless Controller. You can pick one up at Kohl's for $54.99. These controllers retail for $74.99, so you can leave the store with a great gift and an extra $20 in your <a href="https://www.fool.com/money/banks/checking-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=10a206c6-8ad8-4eb1-b218-d35ae688a68e" target="_blank">checking account</a>.</p><h2 data-block-key="41qw7" id="4.-men's-columbia-steens-mountain-full-zip-fleece-jacket:-dollar34.99">4. Men's Columbia Steens Mountain Full-Zip Fleece Jacket: $34.99</h2><p data-block-key="55b2h">A fleece jacket would make an excellent addition to any man's wardrobe. Kohl's has some great Black Friday deals on comfy and stylish fleece jackets. You may want to scoop up a Men's Columbia Steens Mountain Full-Zip Fleece Jacket at Kohl's. Through Nov. 29, it's on sale for $34.99 instead of $64. This is an excellent price for a well-rated midweight jacket.</p><h2 data-block-key="44z83" id="5.-men's-sonoma-goods-for-life-flannel-drawstring-pajama-pants:-dollar12.74">5. Men's Sonoma Goods For Life Flannel Drawstring Pajama Pants: $12.74</h2><p data-block-key="89b1u">Is there such a thing as too many pajama pants? Nope -- and that's why it's a great gift idea. Through Nov. 29, Men's Sonoma Goods For Life Flannel Drawstring Pajama Pants are on sale at Kohl's. You'll pay $14.99 instead of $19.99 for comfy pajama pants. They're available in various styles and sizes. You can use the coupon SHOP15 to score a bigger discount. With this coupon, you'll pay only $12.74. At that price, you can go ahead and get several.</p><p data-block-key="7avkg"><b>Related: If you're looking for a great card for your holiday shopping,</b> <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=10a206c6-8ad8-4eb1-b218-d35ae688a68e" target="_blank"><b>check out our curated list of the top credit cards</b></a><b>.</b></p><h2 data-block-key="7ux8g" id="keep-alert-to-deals-that-help-you-stretch-your-budget-further">Keep alert to deals that help you stretch your budget further</h2><p data-block-key="5qa1n">Kohl's is one of many retailers with great holiday deals. As you shop for the men in your life, look for discount opportunities that help you stretch your holiday shopping budget further. It's possible to buy winning gifts without overspending. Every dollar you save makes a difference.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1623e2ff-b607-4706-8bed-cabc66636f05&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=10a206c6-8ad8-4eb1-b218-d35ae688a68e" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1623e2ff-b607-4706-8bed-cabc66636f05&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=10a206c6-8ad8-4eb1-b218-d35ae688a68e" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 09:15:16 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/5-of-the-best-mens-gifts-at-kohls/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=10a206c6-8ad8-4eb1-b218-d35ae688a68e</guid><category domain="https://www.fool.com/guid">10a206c6-8ad8-4eb1-b218-d35ae688a68e</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Natasha Gabrielle)</author></item><item><title>Should You Open a 5-Year CD in 2025?</title><link>https://www.fool.com/money/banks/articles/should-you-open-a-5-year-cd-in-2025/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8759cfa1-0b63-4b18-a99b-8396b1038e7c</link><content:encoded><br/> <div class="image"><img alt="Man sits at laptop and appears to be in thought." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FMan_sits_at_laptop_and_appears_to_be_in_though.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="vekcp">Certificates of deposit (CDs) are available in a variety of terms. The maximum that many banks offer is <a href="https://www.fool.com/money/banks/cds/best-cd-rates/5-year-cd-rates/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8759cfa1-0b63-4b18-a99b-8396b1038e7c" target="_blank">5-year CDs</a>. No matter how long of a CD you get, you need to keep your money there for the full term to avoid an early withdrawal penalty.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=108c0fff-e13b-4de4-a5d8-0c14411f80e3&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8759cfa1-0b63-4b18-a99b-8396b1038e7c" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=108c0fff-e13b-4de4-a5d8-0c14411f80e3&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8759cfa1-0b63-4b18-a99b-8396b1038e7c" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="4aj67">If you've been looking for a secure option with a competitive interest rate, a 5-year CD may have caught your eye. Before you open one, you need to be aware of how you'd benefit from one and the potential risk.</p><h2 data-block-key="azf7e" id="the-benefit-of-opening-a-5-year-cd">The benefit of opening a 5-year CD</h2><p data-block-key="2lu39"><b>The main reason to open a CD is to lock in an interest rate.</b> That's a big perk right now, because interest rates are expected to drop. For the time being, you can still get high rates. There are currently multiple 5-year CDs paying in the 3.5% to 4% range (or more if you're willing to open a brokered CD, which work a bit differently than standard CDs) -- <a href="https://www.fool.com/money/banks/cds/best-cd-rates/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8759cfa1-0b63-4b18-a99b-8396b1038e7c" target="_blank"><b>click here to explore our top picks for the best CDs</b></a><b>.</b></p><p data-block-key="amt58">Let's say you have $10,000 you won't need anytime soon. If you put it in a 5-year CD with a 3.75% APY, it would earn $2,021 in interest.</p><p data-block-key="duc20">You could also use a high-yield savings account and get a similar rate. But if interest rates decline as expected, that savings account could be paying 3.50%, 2.75%, or less in the coming years. You wouldn't need to worry about that with a CD.</p><p data-block-key="e90fl">Another option would be investing your money in the stock market. While stocks have much more growth potential than CDs and savings accounts, they also carry the risk of losing money. Your $10,000 could be worth $8,000 when you need it. Investing is a smart financial decision, but only with money you can keep invested for the long haul.</p><h2 data-block-key="dhop0" id="the-drawback-of-opening-a-5-year-cd">The drawback of opening a 5-year CD</h2><p data-block-key="105io">CDs have strict rules about withdrawals. You're supposed to wait until the maturity date, which is the end of the term, to withdraw your money. Otherwise, you're looking at an early withdrawal penalty.</p><p data-block-key="1gah3">The penalty amount depends on the bank, but it's typically largest for long CDs. For 5-year CDs, a common penalty amount is six months of the interest you've earned. Since the whole point of a CD is to earn interest, paying it back as a penalty defeats the purpose.</p><p data-block-key="8do1f"><b>Only open a CD if you're confident you won't need the money until the maturity date.</b> It gets harder to predict this over longer periods of time. You might be fairly sure you can set some cash aside for six months or a year, but five years is quite a bit longer. Your money will be locked up until 2030. Make sure to think about what you'd do if you lose your job or face some unexpected bills.</p><p data-block-key="dsq2o">If you're not sure you can commit to a CD, a high-yield savings account is a great alternative.<b> To maximize interest,</b> <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8759cfa1-0b63-4b18-a99b-8396b1038e7c" target="_blank"><b>consider one of our favorite high-yield savings accounts from this list</b></a><b>.</b></p><h2 data-block-key="dkqqg" id="a-long-term-commitment">A long-term commitment</h2><p data-block-key="4finp">With any CD, you're trading the convenience of being able to access your money whenever for the safety of a fixed rate. With shorter CDs, this might not be an issue. A 5-year CD requires much more planning to figure out if you can afford to lock up your money for that long.</p><p data-block-key="c999f">For a stable, guaranteed return, it could be worth opening a 5-year CD in 2025. But for savings you may need sooner than that, find a high-yield savings account that lets you make deposits and withdrawals at any time.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=31078842-e46c-4a7d-b687-9484e8ec57fb&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8759cfa1-0b63-4b18-a99b-8396b1038e7c" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=31078842-e46c-4a7d-b687-9484e8ec57fb&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8759cfa1-0b63-4b18-a99b-8396b1038e7c" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 09:00:16 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/banks/articles/should-you-open-a-5-year-cd-in-2025/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=8759cfa1-0b63-4b18-a99b-8396b1038e7c</guid><category domain="https://www.fool.com/guid">8759cfa1-0b63-4b18-a99b-8396b1038e7c</category><category domain="https://www.fool.com/topic">banks</category><author>newsfeedback@fool.com (Lyle Daly)</author></item><item><title>These 3 Moves Could Set You Up With Passive Income in 2025</title><link>https://www.fool.com/money/personal-finance/articles/these-3-moves-could-set-you-up-with-passive-income-in-2025/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f68525a2-48f4-4ae5-b1ac-7caa1ee83e1f</link><content:encoded><br/> <div class="image"><img alt="A person holding a bunch of dollar bills in front of their face" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2F28_zaK29zi.width-793.png%3Fwidth%3D793&w=700"/><p class="caption">Image source: The Motley Fool/Upsplash</p></div> <p data-block-key="igz23">If you're looking to boost your income in 2025, you have options. You could pick up a side hustle and see what it pays you. Or, you could take the easier way out and set yourself up with passive income.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=ae010fc5-d13f-410c-9386-b60d057a1f5c&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f68525a2-48f4-4ae5-b1ac-7caa1ee83e1f" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=ae010fc5-d13f-410c-9386-b60d057a1f5c&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f68525a2-48f4-4ae5-b1ac-7caa1ee83e1f" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="bk06e">But it's important to be realistic about the amount of money each option will pay you. If you're hoping to see your income increase by $300 to $500 a month, you're going to need a side hustle unless you happen to have a lot of money to work with already.</p><p data-block-key="14vmm">But if you're happy with a small income boost and you value your free time, then you may want to go the passive income route. Here are three moves to look at in that regard.</p><h2 data-block-key="hv2cv" id="1.-get-a-better-rate-on-your-savings">1. Get a better rate on your savings</h2><p data-block-key="9gnlt">Your savings account probably isn't going to make you rich. But the more interest you earn on the money you have in savings, the more passive income you get to enjoy. And even if it's a small amount, hey, money is money.</p><p data-block-key="7ihu3">Right now, a lot of top savings accounts are paying around 4% APY. The tricky thing, though, is that savings account rates aren't guaranteed, and they could fall in the new year.</p><p data-block-key="1airn">But let's say you have $10,000 in savings and those 4% rates stick around. That means you could end up $400 richer at the end of 2025 with the right bank account. So if you're only getting 2% or 3% on your savings now, shop around for a better rate.</p><p data-block-key="1ofm6">And even if you're getting close to 4%, you never know if you might be able to do better. <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f68525a2-48f4-4ae5-b1ac-7caa1ee83e1f" target="_blank"><b>Check out this list of the best high-yield savings accounts to get started</b></a><b>.</b></p><h2 data-block-key="g1coa" id="2.-open-a-cd">2. Open a CD</h2><p data-block-key="5rm5d">The nice thing about savings accounts is that you can withdraw your money at any time. With a CD, you have to commit to the term you sign up for or else face a penalty, the exact amount of which depends on your bank.</p><p data-block-key="5bhb9">But unlike savings accounts, CDs <i>do</i> allow you to lock in an interest rate on your money. So if you have $10,000 to put into a 12-month CD and you're able to snag a 4.5% APY, you're looking at earning $450 in passive income. <b>If you like the sound of that,</b> <a href="https://www.fool.com/money/banks/cds/best-cd-rates/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f68525a2-48f4-4ae5-b1ac-7caa1ee83e1f" target="_blank"><b>click here for a roundup of the best CD rates available today</b></a><b>.</b></p><h2 data-block-key="t4ce0" id="3.-start-investing">3. Start investing</h2><p data-block-key="f86st">Today's savings account and CD rates are pretty strong. But they pale in comparison to the S&P 500's average yearly return over the past 50 years, which is about 10%. So if you <a href="https://www.fool.com/money/buying-stocks/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f68525a2-48f4-4ae5-b1ac-7caa1ee83e1f" target="_blank">open a brokerage account and start investing</a>, you could set yourself up with a much larger amount of passive income over time.</p><p data-block-key="2h97">To be clear, though, investing is something you need to do on a long-term basis to make money. You <i>may</i> luck out and see your portfolio value increase in 2025 if you start funding it now. But that's not guaranteed to happen.</p><p data-block-key="12g9r">So while a brokerage account might earn you <i>some</i> passive income in 2025, you shouldn't count on it. Instead, you should plan to hold your investments for many years so they're able to gain a nice amount of value over time.</p><p data-block-key="8c1u1">If you put $10,000 into a stock portfolio and leave it alone for 20 years, you could end up with a little over $67,000 if you're able to earn a 10% return in your portfolio during that time.</p><p data-block-key="c44pu">If your goal is to bring home hundreds of dollars extra per month in 2025, then passive income may not be the way to get it. But if you're happy with a small boost in the course of the upcoming year (or longer, in the case of investing), then it pays to explore these passive income streams that reward you for doing basically no work.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=6a80b469-9c61-413a-a13f-17e6d87351fc&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f68525a2-48f4-4ae5-b1ac-7caa1ee83e1f" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=6a80b469-9c61-413a-a13f-17e6d87351fc&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f68525a2-48f4-4ae5-b1ac-7caa1ee83e1f" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 09:00:10 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/these-3-moves-could-set-you-up-with-passive-income-in-2025/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=f68525a2-48f4-4ae5-b1ac-7caa1ee83e1f</guid><category domain="https://www.fool.com/guid">f68525a2-48f4-4ae5-b1ac-7caa1ee83e1f</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>4 Proven Ways to Avoid Credit Card Interest Forever</title><link>https://www.fool.com/money/credit-cards/articles/4-proven-ways-to-avoid-credit-card-interest-forever/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=87063988-2afa-4b85-a8d4-8c9bf32a708d</link><content:encoded><br/> <div class="image"><img alt="A small wallet showing it holding three credit cards" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2F24_ALHezeu.width-793.png%3Fwidth%3D793&w=700"/><p class="caption">Image source: Upsplash/The Motley Fool</p></div> <p data-block-key="iezhn">Credit cards offer you the opportunity to earn rewards, save money, and get perks like airport lounge access and streaming service credits. <b>But the downside is that credit cards have outrageously high interest rates.</b> The average rate on credit card accounts assessing interest is 23.37%, according to the Federal Reserve Bank of St. Louis (FRED).</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=8346a5be-0694-4d82-9462-7d5b4ae12a5b&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=87063988-2afa-4b85-a8d4-8c9bf32a708d" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=8346a5be-0694-4d82-9462-7d5b4ae12a5b&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=87063988-2afa-4b85-a8d4-8c9bf32a708d" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="546on">With rates that high, you might be avoiding credit cards. While I understand that caution, let me tell you -- there are ways to carefully use <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=87063988-2afa-4b85-a8d4-8c9bf32a708d" target="_blank">the best credit cards</a> and avoid interest forever. Here are my top four.</p><h2 data-block-key="nlflb" id="1.-pay-in-full-every-month">1. Pay in full every month</h2><p data-block-key="evfec">Most people misunderstand how credit cards work. To be clear, you only pay interest on purchases when you carry a balance into your next billing cycle<b>.</b> In other words, if you pay your balance off each month, you won't pay credit card interest.</p><p data-block-key="s8fo">Let's say you have a credit card with a 23% annual interest rate (APR) and a balance of $1,000. If you only make a minimum payment of $50 instead of paying your card in full, the 23% APR will be applied to the unpaid balance. This interest will continue to accrue until the balance is paid in full.</p><p data-block-key="4ijsn">The trick here is <b>to spend only what you can afford to pay back.</b> This can be easier said than done, since your card's credit limits can make it feel like you have more purchasing power than you do.</p><p data-block-key="fdu1j">If you need help managing, consider getting a budgeting app. These apps can help you synchronize credit cards with bank accounts to help you visualize how much you owe vs. how much cash you have to spend.</p><h2 data-block-key="1yel2" id="2.-use-a-0percent-intro-apr-credit-card-for-large-purchases">2. Use a 0% intro APR credit card for large purchases</h2><p data-block-key="k21o">If you're expecting to make a big purchase -- one that could take some time to pay off -- consider getting a 0% intro APR credit card.</p><p data-block-key="6v8qr">This type of card gives you a 0% APR introductory period for a certain period of time. You'll still need to make minimum payments, but carrying a balance within the zero-interest period doesn't accrue interest.</p><p data-block-key="a3dmj">That said, the zero-interest period <i>will</i> end. When it does, the credit card's APR will increase to a regular rate, and you'll start accruing interest for unpaid balances. To steer clear of interest charges, make sure your balance is paid in full before the introductory period ends.</p><p data-block-key="6en3d"><b>Expecting to make a large purchase soon?</b> <a href="https://www.fool.com/money/credit-cards/best-zero-interest-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=87063988-2afa-4b85-a8d4-8c9bf32a708d" target="_blank"><b>Click here to check out our favorite 0% intro APR credit cards</b></a><b>, with introductory periods lasting as long as 21 months!</b></p><h2 data-block-key="8bqmo" id="3.-avoid-getting-blindsided-by-surprise-expenses-with-an-emergency-fund">3. Avoid getting blindsided by surprise expenses with an emergency fund</h2><p data-block-key="1gjnc">Contrary to popular belief, credit card debt isn't always about frivolous overspending. Often, unexpected expenses like medical bills or car repairs can quickly tip the scales.</p><p data-block-key="amkrh">One way to prepare yourself for life's surprises is to build an emergency fund. <b>Most financial experts recommend keeping three to six months of expenses in an accessible account, like a high-yield savings account.</b> While emergency funds can take time to build, it can give you a safety net for when disaster strikes -- keeping you from relying on credit cards.</p><p data-block-key="ann86"><b>If you have an emergency fund but it's not earning you much interest,</b> <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=87063988-2afa-4b85-a8d4-8c9bf32a708d" target="_blank"><b>check out these top high-yield savings accounts with APYs up to 5.00%</b></a><b>.</b></p><h2 data-block-key="abq6w" id="4.-get-out-of-debt-with-a-balance-transfer-credit-card">4. Get out of debt with a balance transfer credit card</h2><p data-block-key="49gfg">Finally, if you're currently in credit card debt, you can lift yourself out forever by using a balance transfer credit card.</p><p data-block-key="3ka5p">Many balance transfer credit cards offer a 0% intro APR on balance transfers. Once you open an account, you can transfer debt from another credit card to benefit from the zero-interest period. To be sure, these cards do charge a balance transfer fee of 3% to 5%. But the fee could be small compared to what you're paying in credit card interest.</p><p data-block-key="e7sbv">If you're trying to get out of debt, <a href="https://www.fool.com/money/credit-cards/best-balance-transfer-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=87063988-2afa-4b85-a8d4-8c9bf32a708d" target="_blank"><b>check out our full list of best balance transfer credit cards.</b></a></p><p data-block-key="c52kk">Ultimately, credit card interest doesn't have to take away the benefits of using rewards or cash back credit cards. By staying on top of your balances -- and using intro 0% APR offers strategically -- you can avoid credit card debt and get the full value of your credit card rewards.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=79b72b84-0162-4b06-b0b9-0270e3060e63&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=87063988-2afa-4b85-a8d4-8c9bf32a708d" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=79b72b84-0162-4b06-b0b9-0270e3060e63&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=87063988-2afa-4b85-a8d4-8c9bf32a708d" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 08:45:10 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/4-proven-ways-to-avoid-credit-card-interest-forever/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=87063988-2afa-4b85-a8d4-8c9bf32a708d</guid><category domain="https://www.fool.com/guid">87063988-2afa-4b85-a8d4-8c9bf32a708d</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Steven Porrello)</author></item><item><title>69% of Seniors Will Need Long-Term Care. How Much Does It Cost?</title><link>https://www.fool.com/money/insurance/life/articles/69-of-seniors-will-need-long-term-care-how-much-does-it-cost/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=a9ff5974-a1f7-4a7b-881c-9b9a59cff820</link><content:encoded><br/> <div class="image"><img alt="Nurse helping elderly man from bed in nursing home." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FNurse_helping_elderly_man_from_bed_in_nursing_.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="wcj86">Seniors are living longer than they did in the past, and if you reach advanced age, there's a good chance you'll need long-term care. The U.S. Health and Human Services Department estimates that 69% of people turning 65 today will need long-term care at some point. But the cost is exorbitant, and it's not covered by <a href="https://www.fool.com/terms/m/medicare/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=a9ff5974-a1f7-4a7b-881c-9b9a59cff820" target="_blank">Medicare</a> or most other types of health insurance.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=c32e62ac-2c99-4217-bd65-20718cde597e&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=a9ff5974-a1f7-4a7b-881c-9b9a59cff820" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=c32e62ac-2c99-4217-bd65-20718cde597e&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=a9ff5974-a1f7-4a7b-881c-9b9a59cff820" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><h2 data-block-key="dq3rd" id="how-much-does-long-term-care-insurance-cost">How much does long-term care insurance cost?</h2><p data-block-key="8b1hl">The costs of long-term care <a href="https://www.fool.com/money/insurance/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=a9ff5974-a1f7-4a7b-881c-9b9a59cff820" target="_blank">insurance</a> can vary widely based on where you live, the level of care you need, and whether you receive care at home or a facility. But insurance company Genworth estimates the following median annual costs for long-term care in 2023:</p><ul><li data-block-key="fn235">$75,504 to hire a home health aide to provide services 44 hours per week, 52 weeks per year.</li><li data-block-key="o28q">$24,700 for adult day healthcare five days a week, 52 weeks per year.</li><li data-block-key="slgh">$64,200 for an assisted living center.</li><li data-block-key="1dlh6">$104,025 for a semi-private room at a skilled nursing facility.</li></ul><p data-block-key="f0ut1">Consider that someone who needs long-term care uses these services for three years on average, and you can see how these expenses can quickly deplete a nest egg.</p><p data-block-key="dpaqi">Many seniors turn to Medicaid, a needs-based public health insurance program for people that's funded by both the federal government and state governments. But since it's needs-based, you can only qualify if you have a low income and limited assets.</p><p data-block-key="fdv6d">In many states, you're only eligible if you have less than $2,000 in assets. That goes up to $3,000 if you're married and both spouses are applying. Some assets, like a primary home, generally aren't counted. When only one spouse is applying, the non-applicant spouse is allowed to keep what's known as a Community Resource Spouse Allowance. The amount varies by state, but according to Nolo, it's generally no more than $154,140.</p><p data-block-key="n5j8">And no, you can't skirt the rules by transferring your assets to someone else (including a trust). Medicaid has something called a five-year lookback period for long-term care in most states. Essentially, if you've made major gifts or transferred assets for less than fair market value within five years of applying, Medicaid could determine that you're ineligible for benefits.</p><h2 data-block-key="3t9zb" id="paying-for-long-term-care">Paying for long-term care</h2><p data-block-key="a0a96">Long-term care is an extraordinarily complex topic. If you're planning for needs that hopefully won't arise for many years, you'll want to consult with a financial planner and estate attorney.</p><p data-block-key="2ou9u">Here are some options to discuss:</p><h3 data-block-key="q6kdj" id="long-term-care-insurance">Long-term care insurance</h3><p data-block-key="5ufss">Long-term care insurance helps pay for things like skilled nursing homes or at-home care, but the costs can be prohibitively high. Deciding when to buy can get tricky, too.</p><p data-block-key="5ulq0">If you buy early while you're still in relatively good health, your premiums will be lower -- but you'll also pay more during your lifetime. Wait too long, though, and you may be priced out of coverage or rejected altogether.</p><p data-block-key="g602">Many financial advisors recommend buying a policy between the ages of 60 and 65. Another option is hybrid life insurance which covers long-term care. <a href="https://www.fool.com/money/insurance/life/best-life-insurance-companies/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=a9ff5974-a1f7-4a7b-881c-9b9a59cff820" target="_blank"><b>Check out the best life insurance companies</b></a><b> to see what options are available.</b></p><h3 data-block-key="dmn8o" id="health-savings-account-(hsa)">Health savings account (HSA)</h3><p data-block-key="76d0c">An HSA is an account that lets you save and invest for healthcare needs pre-tax. Your withdrawals are also tax free if you use them for qualifying medical expenses. You can use HSA money to pay for long-term services, though only the medical component of your care will qualify for tax-free withdrawals.</p><h3 data-block-key="wrp0s" id="reverse-mortgage">Reverse mortgage</h3><p data-block-key="5a5am">A <a href="https://www.fool.com/money/mortgages/what-is-a-reverse-mortgage/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=a9ff5974-a1f7-4a7b-881c-9b9a59cff820" target="_blank">reverse mortgage</a> allows you to tap your home equity to receive income from a lender that you can put toward any purpose, including long-term care. The balance doesn't become due until you die, sell your home, or it hasn't been your primary residence for more than 12 months. If you're married, your spouse can usually stay in the home if you die or move into a long-term care facility as long as they're listed as a co-borrower.</p><h2 data-block-key="fpzgj" id="plan-for-long-term-care">Plan for long-term care</h2><p data-block-key="ads3i">If you, your spouse, or a loved one has immediate long-term care needs, speaking with an experienced elder care attorney is a must. Long-term care is a reality for a growing number of Americans, so the sooner you start planning, the better.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=cf976940-d2c4-498b-80e1-0f6a167b893f&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=a9ff5974-a1f7-4a7b-881c-9b9a59cff820" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=cf976940-d2c4-498b-80e1-0f6a167b893f&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=a9ff5974-a1f7-4a7b-881c-9b9a59cff820" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 08:30:16 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/insurance/life/articles/69-of-seniors-will-need-long-term-care-how-much-does-it-cost/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=a9ff5974-a1f7-4a7b-881c-9b9a59cff820</guid><category domain="https://www.fool.com/guid">a9ff5974-a1f7-4a7b-881c-9b9a59cff820</category><category domain="https://www.fool.com/topic">insurance-life</category><author>newsfeedback@fool.com (Robin Hartill)</author></item><item><title>53% of Americans Have at Least One Passive Income Source. Here Are 3 Options That May Work Wonders for You</title><link>https://www.fool.com/money/personal-finance/articles/53-of-americans-have-at-least-one-passive-income-source-here-are-3-options-that-may-work-wonders-for-you/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=439fa939-01e8-4cc8-8cb3-3e6c77c71f92</link><content:encoded><br/> <div class="image"><img alt="A man sleeping soundly in his bed." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fman_sleeping_in_bed_oRy0tPC.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="1za39">Some people will tell you that the idea of passive income is a myth. But that's just plain wrong.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=307ae340-0887-4e5c-a0fa-fc340ff60bdd&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=439fa939-01e8-4cc8-8cb3-3e6c77c71f92" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=307ae340-0887-4e5c-a0fa-fc340ff60bdd&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=439fa939-01e8-4cc8-8cb3-3e6c77c71f92" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="5cack">It's more than possible to set yourself up with income you don't have to actively earn month after month. In fact, 53% of Americans have at least one source of passive income, according to a recent report from First National Bank of Omaha.</p><p data-block-key="1pjf3">That said, it's important to be realistic about the amount of passive income you can earn and to understand the pros and cons of different passive income sources. Here are a few options you can consider to help meet your financial goals.</p><h2 data-block-key="v7fgg" id="1.-a-cd-ladder">1. A CD ladder</h2><p data-block-key="9hed5">The nice thing about certificates of deposit (CDs) is that they could pay you a generous amount of interest without you taking on risk. CD deposits are protected for up to $250,000 per depositor, per bank, provided you use a bank that's FDIC-insured.</p><p data-block-key="3thhf">A CD ladder is preferable to a single CD because it gives you more flexibility. By spreading your money among several CDs with staggered maturity dates, you're less likely to get hit with an early withdrawal penalty if you need quick access to your cash, which is one of the drawbacks of opening a CD.</p><p data-block-key="6o3uf">Since today's CD rates are still pretty strong, now's a good time to set up a CD ladder. <a href="https://www.fool.com/money/banks/cds/best-cd-rates/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=439fa939-01e8-4cc8-8cb3-3e6c77c71f92" target="_blank"><b>Click here for a list of the best CD rates to get started</b></a>.</p><p data-block-key="a5dd5">To give you an example of what a CD ladder might pay you, say you put $1,000 into five CDs with the following terms and APYs:</p><ul><li data-block-key="3gc83">12 months at 4%</li><li data-block-key="2sgtp">24 months at 3.6%</li><li data-block-key="f73fn">36 months at 3.6%</li><li data-block-key="8e1kk">48 months at 3.55%</li><li data-block-key="akl5v">60 months at 3.5%</li></ul><p data-block-key="5498q">All told, you're looking at a total of $563 in income you didn't have to actively earn.</p><h2 data-block-key="fqa67" id="2.-a-stock-portfolio">2. A stock portfolio</h2><p data-block-key="bbfhm">A stock portfolio could be a great passive income source for a couple of reasons. First, if you load up on dividend stocks, you can look forward to quarterly income. To be clear, companies that issue stock aren't required to pay dividends. But those that choose to do so tend to try to uphold that practice.</p><p data-block-key="bimcr">Say you own $5,000 of dividend stocks. At a 3% dividend yield, you're looking at $150 in passive income per year. In reality though, you might eventually be looking at more annual dividend income, since the value of your shares could increase and the companies you own might also opt to increase their dividends, which is a common practice.</p><p data-block-key="6n3i8">An equally good way to earn passive income from a stock portfolio is to hold onto your stocks for many years and let them gain value. And if you want an even more simplified approach, buy shares of an S&P 500 ETF (exchange-traded fund) and see how much value they gain.</p><p data-block-key="833je">Over the past 50 years, the S&P 500's average annual return has been 10%. Let's say you put $5,000 into an S&P 500 ETF today. In 20 years, your investment could be worth about $33,600 (assuming the same return).</p><p data-block-key="6om1r">You should know that stocks are riskier than CDs because your principal investment could lose money. But holding stocks for many years lowers that risk. If that sounds good to you, <a href="https://www.fool.com/money/buying-stocks/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=439fa939-01e8-4cc8-8cb3-3e6c77c71f92" target="_blank"><b>open a brokerage account and start investing today</b></a>.</p><h2 data-block-key="zwa0q" id="3.-an-investment-property">3. An investment property</h2><p data-block-key="b238j">Owning an investment property could be a great way to generate passive income. If you have the means to buy property and find a home in a desirable neighborhood, you might manage to command a decent amount of rent -- and increase it over time. Or you could buy an investment property you rent out on a short-term basis using a platform like Airbnb.</p><p data-block-key="boacj">That said, there are some pitfalls you might encounter with an investment property. First, there's work involved. You could outsource that work to a property manager for true passive income, but then you're losing a chunk of your profits.</p><p data-block-key="9ic69">Also, owning physical real estate can be risky. When things break, the costs are on you. You're also not guaranteed to have a steady stream of tenants. So you'll need to think about whether an investment property is right for you.</p><p data-block-key="7697g">Earning income passively is a beautiful thing. You may not earn a ton of it at first. But the sooner you start, the more you can set yourself up to earn over time.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=50d09f1e-0a82-4a5c-b746-13adf087311a&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=439fa939-01e8-4cc8-8cb3-3e6c77c71f92" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=50d09f1e-0a82-4a5c-b746-13adf087311a&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=439fa939-01e8-4cc8-8cb3-3e6c77c71f92" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 08:30:11 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/53-of-americans-have-at-least-one-passive-income-source-here-are-3-options-that-may-work-wonders-for-you/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=439fa939-01e8-4cc8-8cb3-3e6c77c71f92</guid><category domain="https://www.fool.com/guid">439fa939-01e8-4cc8-8cb3-3e6c77c71f92</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>It's Getting Harder to Make Monthly Loan Payments: Here's What to Do if You Can't</title><link>https://www.fool.com/money/personal-finance/articles/its-getting-harder-to-make-monthly-loan-payments-heres-what-to-do-if-you-cant/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=aeddc53e-3e95-4814-bd8b-57313c52662a</link><content:encoded><br/> <div class="image"><img alt="A worried caregiver works on a laptop next to their homeschooled child." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FGettyImages-1226092897_t11u9Y3.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="49a73">The cost of everything has increased dramatically over the last five years, making it harder for families and individuals to keep on top of their loan payments. The Federal Reserve Bank of New York tracks both consumer debt and the delinquency rate of that debt, and its findings are pretty alarming. Debt delinquencies continue to climb, with credit cards and auto loans leading the pack.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=8f730689-6ddb-44e9-b976-84f8b91dcddd&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=aeddc53e-3e95-4814-bd8b-57313c52662a" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=8f730689-6ddb-44e9-b976-84f8b91dcddd&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=aeddc53e-3e95-4814-bd8b-57313c52662a" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="67dl3">However, mortgage delinquencies are also on the up, and although foreclosures are lower than they've been in years, the trend is not promising.</p><p data-block-key="bhaf3">It makes sense -- after a while, there's only so much more you can do as a consumer to stay ahead of rising prices. But a default, or six, is really hard on your credit -- I know because I've been there myself. It takes a long time to dig back out of that massive crater after a crash.</p><p data-block-key="bfh1g">So, instead, let me tell you what you can do to avoid being buried under the financial earth for years to come.</p><h2 data-block-key="mc6q5" id="1.-pay-just-your-minimum-payments">1. Pay just your minimum payments</h2><p data-block-key="57v8o">A lot of people pay more than their credit card minimums so they can dent their balances. That's great, but if you feel like you're getting overwhelmed financially, you need to give yourself some space to breathe. I was talking to a friend a few months ago about this very thing. When I mentioned she could just make her minimum payments, it was a revelation. She'd been under so much stress it hadn't even occurred to her to do that to free up some cash.</p><p data-block-key="7haih"><b>You may also be able to reduce your balances faster by applying for a balance transfer card.</b> <a href="https://www.fool.com/money/credit-cards/best-balance-transfer-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=aeddc53e-3e95-4814-bd8b-57313c52662a" target="_blank"><b>Check out our handy list of them here</b></a><b>.</b> With the money you free up in interest payments, you might even be able to build a little pad for your future bills.</p><h2 data-block-key="z25lj" id="2.-make-some-phone-calls">2. Make some phone calls</h2><p data-block-key="7fnhr">If you're to the point that default is possible, the best thing to do is to get ahead of it. Call your lenders, your credit card issuers, and anyone else who you send a monthly payment to, and see what can be done. Sometimes they won't work with you, but often they will.</p><p data-block-key="d0vie">Holders of secured debt, like car and home loans, especially, tend to be very flexible with assistance. They don't want to go through the repossession process and would instead prefer you make your payments. If you're experiencing a hardship due to a loss of income or an illness, or anything, really, call and explain in excruciating detail what's up with your finances.</p><p data-block-key="f2bmq">It may take a few calls and a lot of paperwork to get the ball rolling, but you'll be glad that you did, and your credit will reflect your proactive approach.</p><h2 data-block-key="wi9nj" id="3.-consolidate-your-debt">3. Consolidate your debt</h2><p data-block-key="cop71">If you have unsecured debt, it might make sense to consolidate it before you miss your first payment. By combining your debt into a single credit line, you can often change the terms of the agreements and make your monthly payments smaller. The downside is that it can prolong your payments and increase the total amount of interest you'll pay over time. But it will also immediately free up monthly cash flow so that you don't end up crashing and burning.</p><p data-block-key="eejdv">A debt consolidation loan is an option as long as you're not too far down the default rabbit hole. <a href="https://www.fool.com/money/personal-loans/best-personal-loans-debt-consolidation/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=aeddc53e-3e95-4814-bd8b-57313c52662a" target="_blank"><b>Check out this list of debt consolidation loans</b></a><b> that our experts recommend for more information.</b></p><p data-block-key="85b77">The good news is that every on-time payment to your new loan will also help build your credit. Even if it costs a bit more in the long run, not only will you have avoided any hits from missed payments, but you may also be able to strengthen your credit. That's worth a lot.</p><h2 data-block-key="p1cjw" id="4.-examine-your-budget">4. Examine your budget</h2><p data-block-key="41j15">I know, it's the dreaded B-word, but it can't be helped. When times are tough, you have to be tougher, and often that starts with sifting through your spending and expenses. Many times, corners can be cut -- a little bit here and a little bit there can add up if you're only facing a short-term problem.</p><p data-block-key="fkj05">Consider canceling subscriptions, or only using one streaming service at a time. You might also reduce your insurance coverage or sell valuable items that you never use anymore. Sometimes all you need is a little wiggle room to get back on track.</p><h2 data-block-key="3i16s" id="above-all-else-don't-panic">Above all else, don't panic</h2><p data-block-key="7q6eh">It's easy for me to tell you not to panic when it feels like your house of cards is about to come tumbling down. But I've been there, I've done that, and I survived it. You can, too. Be proactive and honest with yourself about your finances and ask for help as soon as you know you're getting into the danger zone.</p><p data-block-key="2o17k">If you find your loan payments are becoming overwhelming, don't be afraid to talk to your lenders. Many of them will want to help.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0e735839-7ae4-4f07-b801-ccea04834135&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=aeddc53e-3e95-4814-bd8b-57313c52662a" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0e735839-7ae4-4f07-b801-ccea04834135&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=aeddc53e-3e95-4814-bd8b-57313c52662a" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 08:15:17 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/its-getting-harder-to-make-monthly-loan-payments-heres-what-to-do-if-you-cant/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=aeddc53e-3e95-4814-bd8b-57313c52662a</guid><category domain="https://www.fool.com/guid">aeddc53e-3e95-4814-bd8b-57313c52662a</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Kristi Waterworth)</author></item><item><title>Are Fraud Alerts a Credit Savior or Saboteur? Here's What You Need to Know</title><link>https://www.fool.com/money/credit-cards/articles/are-fraud-alerts-a-credit-savior-or-saboteur-heres-what-you-need-to-know/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=35ede69c-ce8a-4808-9ab0-1ea32a293736</link><content:encoded><br/> <div class="image"><img alt="A person sitting at an outdoor cafe table holding a credit card and phone with open in front of them." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fperson_at_outdoor_cafe_table_with_laptop_phone.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="v287o">Last year, there were over 1 million reports of identity theft, according to the Federal Trade Commission. And we're on pace for an even higher total in 2024.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=12dc4c7e-dd37-43dd-aff6-24e8a24429b1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=35ede69c-ce8a-4808-9ab0-1ea32a293736" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=12dc4c7e-dd37-43dd-aff6-24e8a24429b1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=35ede69c-ce8a-4808-9ab0-1ea32a293736" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="d5f4n">Identity theft can have a huge impact on your credit, your finances as a whole, and your mental health. It's stressful to know someone stole your private information, and it can take months or longer to repair the damage.</p><p data-block-key="famsb">One way to protect against identity theft is to put a fraud alert on your credit report. While this could be a valuable layer of protection, you should know about some drawbacks before you try it.</p><h2 data-block-key="obt7s" id="what-is-a-fraud-alert">What is a fraud alert?</h2><p data-block-key="905pb">A fraud alert is a notice you can put on your credit report. It encourages businesses to perform additional verification before they issue credit in your name. For example, you could place a fraud alert and leave your phone number. Lenders would then call you regarding credit applications in your name to check that they're legitimate.</p><p data-block-key="5ofjc">There's no cost to put a fraud alert on your credit. A fraud alert lasts for one year, but you can renew it. You can set up a fraud alert online with any of the three credit bureaus:</p><ul><li data-block-key="3juvd">Equifax</li><li data-block-key="dlqf1">Experian</li><li data-block-key="47v0l">TransUnion</li></ul><p data-block-key="2t659">You don't need to go through the fraud alert process with all three. Once you place a fraud alert with one credit bureau, it's required to inform the other two.</p><p data-block-key="88ec3">If you'd prefer a credit monitoring service, many credit cards offer this free of charge. <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=35ede69c-ce8a-4808-9ab0-1ea32a293736" target="_blank"><b>Click here to see our list of the best credit cards</b></a><b>, featuring cards that have credit monitoring tools, big bonus offers, and much more.</b></p><h2 data-block-key="pg71r" id="pros-and-cons-of-fraud-alerts">Pros and cons of fraud alerts</h2><p data-block-key="5mu5a">Fraud alerts are a good way to protect your credit. When businesses take additional steps to verify your identity, it's far less likely that any fraudulent accounts will be opened using your information. Setting up fraud alerts is also fairly hassle-free since you can do it online and don't need to pay anything.</p><p data-block-key="ek69m">There have been some complaints online about getting fraud alerts removed after they're in place. This normally wouldn't be an issue. But some companies may not do business with you while you have a fraud alert in place. It's not a common issue, but in rare cases, a fraud alert could be an inconvenience.</p><p data-block-key="1vgld">It's also important to note that fraud alerts only protect against new account fraud, when criminals apply for credit in your name. A fraud alert won't protect you if someone steals your credit card number or hacks your bank account.</p><h2 data-block-key="4aynf" id="an-alternative-option:-freezing-your-credit">An alternative option: Freezing your credit</h2><p data-block-key="9lkkn">A fraud alert isn't the only way to keep criminals from opening credit accounts with your information. There's a credit freeze, which is also free, but you need to set it up with all three credit bureaus.</p><p data-block-key="4bjeb">A credit freeze prevents creditors from accessing your credit report. It effectively shuts down credit card and loan applications right away. That includes your own legitimate credit card and loan applications. For example, if you <a href="https://www.fool.com/money/credit-cards/best-travel-rewards-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=35ede69c-ce8a-4808-9ab0-1ea32a293736" target="_blank">find a travel credit card</a> that you want to get, you'll need to temporarily lift the credit freeze first before you apply.</p><p data-block-key="efo14">Unlike with fraud alerts, there's no time limit on credit freezes. They last until you remove them.</p><h2 data-block-key="xx9i0" id="should-you-put-a-fraud-alert-on-your-credit-report">Should you put a fraud alert on your credit report?</h2><p data-block-key="6t7h">If you're worried about identity theft, a fraud alert could provide protection and peace of mind. However, for even stronger protection, you may want to go with a credit freeze. Or, to really cover all your bases, you could do both.</p><p data-block-key="bk761">Either of these will make it a bit harder for you to open credit accounts. That's the tradeoff of having additional protection. If you want to prioritize convenience, you could stick with credit monitoring. Compare your options and choose the one you like the most.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=4b435d19-4d1c-4105-823f-77e3ea4e9928&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=35ede69c-ce8a-4808-9ab0-1ea32a293736" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=4b435d19-4d1c-4105-823f-77e3ea4e9928&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=35ede69c-ce8a-4808-9ab0-1ea32a293736" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/Legal/fool-disclosure-policy.aspx">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 08:00:23 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/are-fraud-alerts-a-credit-savior-or-saboteur-heres-what-you-need-to-know/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=35ede69c-ce8a-4808-9ab0-1ea32a293736</guid><category domain="https://www.fool.com/guid">35ede69c-ce8a-4808-9ab0-1ea32a293736</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Lyle Daly)</author></item><item><title>3 Signs You're Wasting Your Money on a Costco Membership</title><link>https://www.fool.com/money/personal-finance/articles/3-signs-youre-wasting-your-money-on-a-costco-membership/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=24ccf832-7b1d-41fd-bcd8-d01d3124b225</link><content:encoded><br/> <div class="image"><img alt="A person picking up grocery bags that have been set in front of their front door." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fperson_with_grocery_bags_at_front_door_iQIVahB.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="gpjza">A Costco Gold Star membership costs $65 a year, or $130 if you want to upgrade to an Executive membership that gives you 2% <a href="https://www.fool.com/money/personal-finance/best-cash-back-apps/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=24ccf832-7b1d-41fd-bcd8-d01d3124b225" target="_blank">cash back</a> on your purchases. And for many people, either fee is more than worth paying. But if these signs apply to you, you may be wasting your money by paying for Costco access.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=67747606-8c51-47ad-9da2-433df6d2e119&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=24ccf832-7b1d-41fd-bcd8-d01d3124b225" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=67747606-8c51-47ad-9da2-433df6d2e119&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=24ccf832-7b1d-41fd-bcd8-d01d3124b225" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><h2 data-block-key="hqi0h" id="1.-bulk-groceries-and-supplies-don't-work-for-you">1. Bulk groceries and supplies don't work for you</h2><p data-block-key="7u5c9">Maybe you're a household of one. Or maybe you don't have much physical space at home.</p><p data-block-key="fk2sj">In either situation, buying products in bulk may not make sense or be feasible. And since that's a big reason to join Costco, you'll need to ask yourself whether you're using the store's other benefits enough for a membership to make sense.</p><p data-block-key="8puqa">To be clear, it can absolutely pay to be a Costco member even if you rarely buy groceries or 12 rolls of paper towels at a time. Booking a single trip through Costco Travel, for example, could save you more than enough money to recoup your membership fee.</p><p data-block-key="bejc3">But if you know off the bat that buying in bulk doesn't make sense, and you're <i>also</i> not using Costco for the various services it offers, like travel, home improvement, and so forth, then you may be better off canceling your membership.</p><p data-block-key="7ciae">You also don't want to force yourself to buy groceries in bulk <i>for the express purpose</i> of feeling like you're getting your money's worth from your membership. If you save $12 on a week's worth of groceries but throw out most of your haul, that's not really saving anything.</p><p data-block-key="dck0u">So if you don't have room for bulk purchases or can't justify them due to your household size, instead of paying for Costco, cancel and use the money you're saving at a regular supermarket.</p><p data-block-key="2d7s9"><b>You should also know that swiping the right credit card at the grocery store could help you save more on regular-sized items.</b> <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-gas-and-groceries/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=24ccf832-7b1d-41fd-bcd8-d01d3124b225" target="_blank"><b>Click here for a list of the best credit cards for non-Costco grocery purchases</b></a><b>.</b></p><h2 data-block-key="50otb" id="2.-you-don't-have-a-car">2. You don't have a car</h2><p data-block-key="73ra2">It's possible to benefit from a Costco membership if you don't own a car. But without a car, shopping in person is going to be tough. And also, without a car, you miss out on many of the benefits Costco has to offer.</p><p data-block-key="ed93t">One major perk of joining Costco is saving money on gas. Another big benefit is that Costco sells quality tires that come with free maintenance and a five-year road hazard warranty. But without a car, these aren't things you can take advantage of.</p><h2 data-block-key="8pb6m" id="3.-you-only-order-from-costco.com">3. You only order from Costco.com</h2><p data-block-key="3ldh9">Maybe you like Costco's prices but can't stand going to the store because of the crowds. If you pretty much only make purchases from Costco.com, then you may not need a membership.</p><p data-block-key="78efe">Costco does not require a membership for online orders, but what it does is tack on a 5% surcharge for non-members. But if you don't order all that frequently, or your orders tend to be fairly small, it could make sense to pay that surcharge instead of a membership fee.</p><p data-block-key="9tm3v">It takes $1,300 a year in Costco.com purchases to rack up $65 in surcharges, which is the cost of a Gold Star membership. But if you spend $1,200 a year at Costco.com, you're only paying $60 extra for your purchases, so you might as well save yourself the $5.</p><p data-block-key="3ndin">That said, some Costco.com products are member-only. If you don't pay for the membership, you lose access to those.</p><p data-block-key="bnmpi">Also worth considering is the fact that online prices are generally higher on Costco items (surcharge aside), than what you'd find in store. For example, you might pay $23.49 for Costco's Kirkland Signature toilet paper online, and just $19.99 in store. And that $23.49 is before the surcharge is tacked on at checkout. That's already about a 17.5% increase in price you'll pay for ordering online. So, overall, if you're primarily shopping online at Costco, member or not, you're not reaping the kind of savings you could be by shopping in a warehouse store as a paying member.</p><p data-block-key="7nmep">There are plenty of good reasons to keep paying for Costco access. But if any of these signs apply to you, you may want to consider canceling.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=9d7d88e1-ca2d-4cc1-8302-9ffa41a7bf94&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=24ccf832-7b1d-41fd-bcd8-d01d3124b225" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=9d7d88e1-ca2d-4cc1-8302-9ffa41a7bf94&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=24ccf832-7b1d-41fd-bcd8-d01d3124b225" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/14582/">Maurie Backman</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 08:00:18 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/3-signs-youre-wasting-your-money-on-a-costco-membership/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=24ccf832-7b1d-41fd-bcd8-d01d3124b225</guid><category domain="https://www.fool.com/guid">24ccf832-7b1d-41fd-bcd8-d01d3124b225</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>How I Went From $500 in Credit to $200,000</title><link>https://www.fool.com/money/credit-cards/articles/how-i-went-from-500-in-credit-to-200000/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=e7a9d10d-1466-4034-938c-3a661cd453af</link><content:encoded><br/> <div class="image"><img alt="Couple has card out to pay in a restaurant." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FCouple_has_card_out_to_pay_in_a_restaurant._uN.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="qo2av">Getting a low credit limit is normal when you don't have much credit history. My first credit card had a limit of just $500 -- enough to pay for a few trips to the grocery store or half a smartphone.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=de6c39d4-b0ec-4e80-b9df-c68254b8e33b&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=e7a9d10d-1466-4034-938c-3a661cd453af" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=de6c39d4-b0ec-4e80-b9df-c68254b8e33b&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=e7a9d10d-1466-4034-938c-3a661cd453af" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="e1at2">If you're in this situation, you've probably experienced how inconvenient it is. You need to carefully manage your spending to avoid hitting your credit limit. And even if you don't max out your card, using a large portion of your limit could still hurt your credit score.</p><p data-block-key="fh13h">I've been able to increase my credit quite a bit over the years. I now have over $200,000 in limits across my cards. Here's how to do this.</p><h2 data-block-key="hduwm" id="1.-always-pay-on-time">1. Always pay on time</h2><p data-block-key="cv94">Your credit limit primarily depends on two factors: your credit score and your income. If you have a high credit score, that can help you get a higher credit limit.</p><p data-block-key="b1vh8">The most important part of your credit score is your payment history. A track record of on-time payments will boost your credit score, but even a single lay payment can seriously damage it.</p><p data-block-key="6ov2b">The good news is that payments are only considered late once they're at least 30 days past due. If you pay a day or two late, or even 29 days late, it's still considered an on-time payment for credit scoring purposes.</p><p data-block-key="9208k">I've never had any late payments on my credit history, and I've built an excellent credit score. Because I've proven to be a reliable borrower, banks are willing to trust me with more credit.</p><p data-block-key="32p9b">If you have a high credit score, make sure you're taking full advantage. <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=e7a9d10d-1466-4034-938c-3a661cd453af" target="_blank"><b>Check out our list of the best credit cards</b></a><b> for big bonus opportunities, 0% intro APR offers, and much more.</b></p><h2 data-block-key="53ln0" id="2.-increase-your-income">2. Increase your income</h2><p data-block-key="7l605">The other key factor that determines your credit limit is your income. Card issuers are required to consider how much you could realistically repay when they set your credit limit. If someone makes $25,000 per year, they probably won't be able to get a $100,000 credit limit.</p><p data-block-key="upa1">You don't need to earn a massive salary to get a high credit limit. But raising your income can help, especially if you want a large amount of credit. It can also make life easier for you. The more money you make, the more you can save and invest.</p><p data-block-key="9kr1p">When your income goes up, don't forget to let your credit card issuer know. You can normally update your income in your online account. You may even get an automatic credit limit increase.</p><h2 data-block-key="adeyh" id="3.-open-multiple-credit-cards-with-different-banks">3. Open multiple credit cards with different banks</h2><p data-block-key="119nu">My credit isn't all with one card or bank. It's spread out across cards with Chase, American Express, U.S. Bank, and several other card issuers. Yes, I have a lot of credit cards.</p><p data-block-key="1abrb">This is important because card issuers have limits on how much credit they'll extend to you. Let's say you have a $10,000 credit limit on a card. Your bank has decided that $10,000 is the most it feels comfortable letting you borrow, so it won't approve you for any more credit cards or any credit limit increases.</p><p data-block-key="705mq">The simple solution is to apply for a card with a different bank so those internal limits aren't a problem. It's also a good opportunity to branch out and try cards with new perks. Maybe you'd like to save some money on your next vacation or get into airport lounges free of charge.<b> If so,</b> <a href="https://www.fool.com/money/credit-cards/best-travel-rewards-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=e7a9d10d-1466-4034-938c-3a661cd453af" target="_blank"><b>click here to see our picks for the top travel rewards cards</b></a><b>.</b></p><h2 data-block-key="3z5bf" id="4.-ask-for-credit-limit-increases">4. Ask for credit limit increases</h2><p data-block-key="9bmf1">If you want a higher credit limit, you can always ask the card issuer. Call the number on the back of your card or check if there's an option to request a credit limit increase online. You're more likely to succeed if you've been using the card for at least six months and have always paid on time. If your income is higher now than it was when you opened the card, that also helps.</p><p data-block-key="12ahb">I did this as I was building credit, and I still do with my cards that have smaller limits. You have nothing to lose, and you could get a higher credit limit in a matter of minutes.</p><p data-block-key="4gn71">Don't get discouraged if you have a low credit limit. Banks are risk-averse, and they usually start people out small. If you follow those steps, you'll quickly qualify for more credit.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=669cb3da-81c3-49db-bc4f-39290198090f&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=e7a9d10d-1466-4034-938c-3a661cd453af" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=669cb3da-81c3-49db-bc4f-39290198090f&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=e7a9d10d-1466-4034-938c-3a661cd453af" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.American Express is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. <a href="https://www.fool.com/author/20014/">Lyle Daly</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase and U.S. Bancorp. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 07:45:13 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/how-i-went-from-500-in-credit-to-200000/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=e7a9d10d-1466-4034-938c-3a661cd453af</guid><category domain="https://www.fool.com/guid">e7a9d10d-1466-4034-938c-3a661cd453af</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Lyle Daly)</author></item><item><title>Surprise! 3 Reasons You Might Owe More Taxes for 2024</title><link>https://www.fool.com/money/taxes/articles/surprise-3-reasons-you-might-owe-more-taxes-for-2024/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=6db11a6e-484a-4936-9905-2e79234dfeea</link><content:encoded><br/> <div class="image"><img alt="A worried young adult uses a laptop at home." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FGettyImages-1341427743_KPQMmtK.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="kxwu6">Paying taxes is something a lot of people only think about when they sit down in April to file a return. But it's helpful to understand the factors that can cause your tax bill to rise.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=43374c04-a5f2-47ec-8933-196ee862716a&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=6db11a6e-484a-4936-9905-2e79234dfeea" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=43374c04-a5f2-47ec-8933-196ee862716a&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=6db11a6e-484a-4936-9905-2e79234dfeea" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="60c9m">Here are a few reasons you may end up owing more to the IRS for 2024.</p><h2 data-block-key="9em7w" id="1.-your-bank-paid-you-a-lot-of-interest">1. Your bank paid you a lot of interest</h2><p data-block-key="80usm">Savings accounts and certificates of deposit (CDs) have been paying generously since the start of the year. That's a good thing, but the flip side is it may cause you to owe more taxes.</p><p data-block-key="bmfbl">Interest income is not only taxable but taxable at your ordinary income tax rate. If you're in the 22% tax bracket based on your income, that's the rate you'll pay on the interest you earn in a savings account or CD.</p><p data-block-key="89opd">Let's say you earned $400 in interest from your savings account this year, plus another $1,000 from a CD. If you didn't pay estimated taxes on that income already, expect to owe it when you file your 2024 tax return in 2025.</p><p data-block-key="7sg54">Of course, your goal should be to earn the most interest you can from your bank. If you're not happy with your rates, <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=6db11a6e-484a-4936-9905-2e79234dfeea" target="_blank"><b>click here for a list of the best savings account rates</b></a>. And <a href="https://www.fool.com/money/banks/cds/best-cd-rates/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=6db11a6e-484a-4936-9905-2e79234dfeea" target="_blank"><b>check out these top CD rates</b></a>, too. But also be aware of the impact savings account and CD interest have on your taxes.</p><h2 data-block-key="701o1" id="2.-you-earned-a-lot-from-a-side-hustle">2. You earned a lot from a side hustle</h2><p data-block-key="800pa">Worked a side gig in 2024? If you were hired by a department store or small business, you may have received a series of paychecks that had taxes deducted from your hourly wages. But if you worked independently, as opposed to as a part-time employee, then you may not have paid taxes to the IRS on your extra income. If that's the case, prepare to owe more for 2024.</p><p data-block-key="5q46i">Keep in mind that even if you're paid cash for your side hustle, you're required to report that income to the IRS. And if you worked as a restaurant server, make sure to report your tips, not just your hourly wages.</p><h2 data-block-key="j5uli" id="3.-you-sold-investments-at-a-profit">3. You sold investments at a profit</h2><p data-block-key="777ug">The S&P 500 has done fairly well this year, so you may have opted to capitalize on that by selling investments in your brokerage account at a profit. If so, you're required to pay capital gains taxes on those investments.</p><p data-block-key="7a68u">However, don't worry about investments you sold at a profit in an <a href="https://www.fool.com/money/buying-stocks/best-brokers-iras/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=6db11a6e-484a-4936-9905-2e79234dfeea" target="_blank">individual retirement account (IRA)</a>. You don't have to pay taxes on those gains immediately. Rather, they'll come into play when you take withdrawals from that account in retirement.</p><h2 data-block-key="iz311" id="ways-to-offset-a-higher-tax-bill">Ways to offset a higher tax bill</h2><p data-block-key="c4pij">If you're worried about owing the IRS more taxes in 2024, there are a few strategies you can use. First, contribute more to your IRA. If you have a traditional IRA, you can put in up to $7,000 this year if you're under age 50, or up to $8,000 if you're 50 or older. And those contributions will shield that much of your income from taxes.</p><p data-block-key="4il1b">Another option? See if you have losing investments in your brokerage account you can sell at a loss. You can use investment losses to offset capital gains. You're also allowed to use up to $3,000 in investment losses per year to offset ordinary income.</p><p data-block-key="8vlna">The more you boost your income in a given year, the more taxes you might owe. This doesn't mean you shouldn't try to earn as much as possible, whether by working a second job or choosing the right savings account or CD. But it's important to know how that extra income could affect your tax liability. It's also a good idea to enlist the help of a tax professional to figure out ways to keep your tax bill to a minimum.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d35f980c-afa3-4186-8ca1-c2b3e616a79f&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=6db11a6e-484a-4936-9905-2e79234dfeea" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d35f980c-afa3-4186-8ca1-c2b3e616a79f&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=6db11a6e-484a-4936-9905-2e79234dfeea" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 07:30:28 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/taxes/articles/surprise-3-reasons-you-might-owe-more-taxes-for-2024/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=6db11a6e-484a-4936-9905-2e79234dfeea</guid><category domain="https://www.fool.com/guid">6db11a6e-484a-4936-9905-2e79234dfeea</category><category domain="https://www.fool.com/topic">taxes</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>Here's What Happens When You Make Too Many Costco Returns</title><link>https://www.fool.com/money/personal-finance/articles/heres-what-happens-when-you-make-too-many-costco-returns/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=175b5223-abae-4c60-a528-7b6051305b66</link><content:encoded><br/> <div class="image"><img alt="A shopping cart with a person having fun laying inside it" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2F48_4wfCegE.width-793.png%3Fwidth%3D793&w=700"/><p class="caption">Image source: Upsplash/The Motley Fool</p></div> <p data-block-key="9kamr">Joining Costco has so many benefits, it's almost impossible to count them all. In addition to big <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=175b5223-abae-4c60-a528-7b6051305b66" target="_blank">savings</a> on groceries and household essentials, Costco members get access to perks like discounted gift cards, affordable travel packages, and great prices on electronics and home appliances -- just to name a few.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=73c8a468-22f7-480c-bdb4-ba8969fae0b1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=175b5223-abae-4c60-a528-7b6051305b66" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=73c8a468-22f7-480c-bdb4-ba8969fae0b1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=175b5223-abae-4c60-a528-7b6051305b66" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p data-block-key="l0k5">Plus, if you use the right credit card at Costco, you can add to your savings even more. <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=175b5223-abae-4c60-a528-7b6051305b66" target="_blank"><b>Click here for a list of the best credit cards for Costco shoppers</b></a>.</p><p data-block-key="bq4kc">Another big benefit of being a Costco member is getting to enjoy hassle-free returns. There's nothing more frustrating than bringing an item back to a store only to learn that you've <i>just</i> missed the return window -- and you're now stuck with a product you can't use. At Costco, you can bring back almost any item at any time for any reason and get your money back in full.</p><p data-block-key="dt2uc">That said, you need to be careful about making returns at Costco. Going overboard could put your membership at risk. And losing it could mean missing out on the warehouse club benefits you know and love.</p><h2 data-block-key="pfndt" id="how-many-costco-returns-is-too-many">How many Costco returns is too many?</h2><p data-block-key="b1ahd">Costco's rules state the following about memberships: "Costco reserves the right to refuse membership to any applicant, and membership may be terminated at Costco's discretion and without cause." Reading between the lines, this tells us that abusing Costco's return policy could result in having a membership taken away.</p><p data-block-key="45keo">The tricky thing, though, is that Costco does not state specifically how many returns constitute an abuse of its policy or how many returns will put your membership at risk of getting canceled. It also doesn't give any guidance as to what's considered an unreasonable number of returns as a percentage of your total purchases.</p><p data-block-key="28pkh">Someone who <a href="https://www.fool.com/money/credit-cards/landing/chase-freedom-unlimited-review-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=175b5223-abae-4c60-a528-7b6051305b66" target="_blank">maximizes a Costco membership</a> and buys 1,000 items per year should, in theory, get a little more leeway with returns than someone who buys 400 items. But it's not like Costco says "returning more than 25% of your purchases per year puts your membership at risk." All Costco says is that it reserves the right to end your membership as it sees fit.</p><h2 data-block-key="hlqv1" id="costco-doesn't-want-to-cancel-your-membership">Costco doesn't want to cancel your membership</h2><p data-block-key="6ofdt">However, if you ask a customer service representative, they'll tell you that Costco is definitely not looking to cancel memberships. It wants to retain customers because membership fees make up a lot of its revenue. Costco will typically only cancel a membership on the basis of too many returns if it's an extreme number and if the returns themselves aren't reasonable.</p><p data-block-key="48a39">To figure out what an extreme number is, let's just use logic. If you typically buy 12 items from Costco each week and commonly take back eight of them, that's kind of extreme. If you normally buy 12 things a week and return two, that doesn't sound too bad.</p><p data-block-key="ehmt7">There's also a difference between returning a jacket eight months after you buy it with the tags still on versus returning a jacket eight months later with torn sleeves and a broken zipper. If you make too many unreasonable returns of that nature, Costco might yank your membership, even if the total number of returns you make per year isn't all that high.</p><h2 data-block-key="bzc3a" id="play-it-cool-with-returns-and-you-should-be-just-fine">Play it cool with returns and you should be just fine</h2><p data-block-key="fgbq">While making too many Costco returns could result in losing your membership, you shouldn't worry about returning one item here or two items there. If you shop at Costco often enough, you might even get away with making 100 returns in a single year if they're all reasonable in nature.</p><p data-block-key="ebble">It's when you take advantage of Costco's generosity by returning damaged items that things start to get dicey. So rather than focus on the number of returns you're making, focus on the <i>nature</i> of those returns. Keep things reasonable and chances are, you won't risk losing access to your beloved warehouse club store.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d292d24b-5522-4c70-9e14-3ecec8acb1e4&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=175b5223-abae-4c60-a528-7b6051305b66" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d292d24b-5522-4c70-9e14-3ecec8acb1e4&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=175b5223-abae-4c60-a528-7b6051305b66" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/14582/">Maurie Backman</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 07:30:21 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/heres-what-happens-when-you-make-too-many-costco-returns/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=175b5223-abae-4c60-a528-7b6051305b66</guid><category domain="https://www.fool.com/guid">175b5223-abae-4c60-a528-7b6051305b66</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>Cut These 5 Expenses to Save $655 Every Month in 2025</title><link>https://www.fool.com/money/personal-finance/articles/cut-these-5-expenses-to-save-655-every-month-in-2025/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=960bec78-f667-4e94-a153-d0c33431289d</link><content:encoded><br/> <div class="image"><img alt="A man cooking pasta in his kitchen at home." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fman_cooking_pasta_at_home.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="40dlo">The end of the year is a popular time to set money goals. If one of yours is to save more, a good way to do that is by looking for a few expenses to cut. It's easy to fall into the habit of overspending, especially when you don't track your bills too closely.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=e51c1ce7-efc8-4b94-b89f-8ee8eed47b71&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=960bec78-f667-4e94-a153-d0c33431289d" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=e51c1ce7-efc8-4b94-b89f-8ee8eed47b71&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=960bec78-f667-4e94-a153-d0c33431289d" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="1ekrt">There are lots of common expenses that you can probably cut without too much difficulty. Here are five that could save you $655 per month.</p><h2 data-block-key="bygja" id="1.-unused-subscription-services">1. Unused subscription services</h2><p data-block-key="e3bk9">It sometimes seems like every company wants you to subscribe with them. Streaming services, retailers, apps -- they all want you to sign up for a membership and start paying them a monthly or yearly fee.</p><p data-block-key="ac4bs">There's nothing wrong with paying for services that you use regularly. But be careful not to waste money on services you rarely or never use anymore. The average value of unused monthly subscriptions is $32.84, according to a recent survey by Self Financial. Review your subscriptions every few months to see if there are any you don't need.</p><h2 data-block-key="jlmve" id="2.-credit-card-interest">2. Credit card interest</h2><p data-block-key="iag1">Credit card debt is one of the most common financial problems, and it can cost you quite a bit. The average rate on credit cards that are assessed interest is 23.37%, according to Federal Reserve data. At that rate, carrying a $5,000 balance would cost you $96.94 per month.</p><p data-block-key="cm94f">You might be thinking that credit card interest isn't exactly an expense you can just cut at any time. But you actually can if you get a balance transfer card. This type of card has a 0% intro APR on balances you bring over. So, you can transfer over your credit card debt and pay it down interest free during the introductory period.</p><p data-block-key="2ibd1"><b>If you currently have credit card debt,</b> <a href="https://www.fool.com/money/credit-cards/best-balance-transfer-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=960bec78-f667-4e94-a153-d0c33431289d" target="_blank"><b>click here for our list of top balance transfer cards</b></a><b>, with 0% intro APRs lasting as long as 21 months.</b></p><h2 data-block-key="716cx" id="3.-food-deliveries">3. Food deliveries</h2><p data-block-key="epega">Services like DoorDash and Uber Eats are definitely convenient. When you've had a long day, ordering food through an app saves you the time and work of preparing a meal.</p><p data-block-key="7dc1e">But ordering food is almost always more expensive than cooking it at home. That's especially true after all the extra charges included on food delivery apps. There's typically a delivery fee, service fee, and tip.</p><p data-block-key="fp2t8">Americans who use these delivery services spend an average of $407 per month, according to LendingTree. Even if you don't delete these from your phone entirely, limiting how often you use them could make a big difference. If you're currently spending $400 or $500 per month, see if you can get that down to $200.</p><h2 data-block-key="b7h75" id="4.-banking-fees">4. Banking fees</h2><p data-block-key="8q3h">Big banks tend to tack on lots of extra fees with their accounts. They often charge monthly fees, normally ranging from $5 to $25, unless you meet the requirements to get the fee waived. Other common charges include overdraft and ATM fees.</p><p data-block-key="et7d9">If your bank is charging you any fees, switch to an online bank. There are plenty of <a href="https://www.fool.com/money/banks/checking-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=960bec78-f667-4e94-a153-d0c33431289d" target="_blank">excellent checking accounts</a> with no monthly fees or account minimums. They're just as safe as brick-and-mortar banks, too, as they have the same FDIC insurance.</p><p data-block-key="f1vvs">Online banks also typically offer the highest-paying savings accounts. Some big bank savings accounts earn as little as 0.01%. <b>The best high-yield savings accounts are paying in the range of 4.00 APY now, and some are even a little higher.</b> <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=960bec78-f667-4e94-a153-d0c33431289d" target="_blank"><b>Click here to check out our list of favorites</b></a><b>.</b></p><h2 data-block-key="a07nn" id="5.-dining-out">5. Dining out</h2><p data-block-key="cgvn">Dining is another area where many Americans spend heavily. That's understandable -- going out for lunch, dinner, or drinks is one of the most popular ways to socialize. Last year, U.S. households spent an average of $328 per month on food away from home, according to the U.S. Bureau of Labor Statistics.</p><p data-block-key="105nr">I'm not recommending that you abandon your social life and never go out again. But consider swapping out one or two meals away from home each month for a cheap or free activity. You could easily cut $100 to $200 in spending this way.</p><h2 data-block-key="os2fo" id="adding-up-the-savings">Adding up the savings</h2><p data-block-key="ft0vp">To recap, let's look at how much you could save if you cut back in the five categories above:</p><ul><li data-block-key="a7868">$33 on unused subscriptions</li><li data-block-key="fqi3l">$97 in credit card interest</li><li data-block-key="da2k9">$200 to $300 on food deliveries</li><li data-block-key="45kso">$5 to $25 in banking fees</li><li data-block-key="613sd">$100 to $200 on dining out</li></ul><p data-block-key="ep7mh">In total, you'd have another $435 to $655 that you could save or invest. Everyone's spending habits are different, so your numbers might not line up entirely with the ones above. But if you're spending in any of these categories, it's worth seeing if you can cut back.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=bd4e4ff6-dc4c-4dd7-80ee-ddb4ce557845&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=960bec78-f667-4e94-a153-d0c33431289d" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=bd4e4ff6-dc4c-4dd7-80ee-ddb4ce557845&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=960bec78-f667-4e94-a153-d0c33431289d" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/20014/">Lyle Daly</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 07:15:17 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/cut-these-5-expenses-to-save-655-every-month-in-2025/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=960bec78-f667-4e94-a153-d0c33431289d</guid><category domain="https://www.fool.com/guid">960bec78-f667-4e94-a153-d0c33431289d</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Lyle Daly)</author></item><item><title>I Have $10,000 to Invest. Where Should I Put It?</title><link>https://www.fool.com/money/buying-stocks/articles/i-have-10000-to-invest-where-should-i-put-it-1/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=47d2117b-8f74-451d-90e2-19e602ba0c6c</link><content:encoded><br/> <div class="image"><img alt="A woman with a laptop and calculator." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fsatisfied_money_2phTXHK.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="n7ytz">If you have $10,000 to invest, you're in luck: your money has more potential than ever right now. Whether you're trying to get out of debt or save for retirement, here are five ways to put your cash to work.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2dc4e4e0-87d2-4faf-8039-fc5883b50f45&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=47d2117b-8f74-451d-90e2-19e602ba0c6c" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2dc4e4e0-87d2-4faf-8039-fc5883b50f45&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=47d2117b-8f74-451d-90e2-19e602ba0c6c" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><h2 data-block-key="02y0c" id="1.-pay-off-credit-card-debt">1. Pay off credit card debt</h2><p data-block-key="9itln">The first step to securing your financial future is to free yourself from credit card debt. As Warren Buffett has famously said, a credit card is like a bad investment: The longer you hold on to it, the more it's costing you. It's not easy to get out from credit card debt, but a $10,000 payment could help you see the light at the end of the tunnel.</p><p data-block-key="67q1b">Let's say you have $10,000 in credit card debt on a card that charges 20% APR. You could pay this debt off by making monthly equal payments of $926, but you would end up paying about $1,116 in interest. By paying the full $10,000 upfront, you'd save money and free yourself for other money moves later, like investing for your retirement.</p><p data-block-key="ci004">If you want to pay your credit card debt faster, using a 0% introductory APR balance transfer credit card could help. <a href="https://www.fool.com/money/credit-cards/best-balance-transfer-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=47d2117b-8f74-451d-90e2-19e602ba0c6c" target="_blank"><b>Click here for a full list of the best credit cards with balance transfer offers to help you conquer that debt for good</b></a><b>.</b></p><h2 data-block-key="txtav" id="2.-build-an-emergency-fund">2. Build an emergency fund</h2><p data-block-key="4c3i2">Emergency funds offer stability when the going gets tough. Most experts recommend keeping between three to six months' worth of living expenses in an accessible account, like a <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=47d2117b-8f74-451d-90e2-19e602ba0c6c" target="_blank">high-yield savings account</a>. If you're currently without an emergency fund, saving all (or a portion) of your $10,000 could be a smart move.</p><h2 data-block-key="yxazd" id="3.-max-out-your-retirement-accounts">3. Max out your retirement accounts</h2><p data-block-key="dimqk">Retirement accounts, like 401(k)s and IRAs, can help you save for your future with <i>huge</i> tax advantages.</p><p data-block-key="s3vu">For example, a traditional 401(k) or IRA has the benefit of tax deferral, which means you don't pay taxes on investment gains or interest earnings until you're withdrawing money from the account later on. Contributions might also lower taxable income in the year they're made, which could reduce your tax bill.</p><p data-block-key="3jme3">Some employers offer a match on 401(k) contributions. If this is the case, don't let this opportunity pass -- <b>take the match</b>. You could potentially turn your $10,000 into a bigger sum to invest.</p><h2 data-block-key="vw1zm" id="4.-open-a-brokerage-account">4. Open a brokerage account</h2><p data-block-key="4rlq9">A brokerage account is another way to save for the long term. Although brokerage accounts share similarities with retirement accounts, they're not the same product.</p><p data-block-key="61odt">A brokerage account is a <i>taxable account</i> that lets you trade stocks, ETFs, mutual funds, and other securities. Brokerage accounts have no contribution limits and no withdrawal penalties. While retirement accounts also let you trade securities, they have tax advantages, contribution limits, and withdrawal restrictions.</p><p data-block-key="958ot"><b>TL;DR:</b> If your goal is to save for retirement, open a retirement plan, like <a href="https://www.fool.com/money/buying-stocks/best-brokers-iras/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=47d2117b-8f74-451d-90e2-19e602ba0c6c" target="_blank">one of the best IRA accounts</a>. But if you're saving $10,000 for a goal in the near future (like five to 10 years from now), a brokerage account might be a better option.</p><p data-block-key="90dqc">The options for brokerage accounts are seemingly endless. But they're not created equal. Some brokerage accounts are built for beginning investors, while others cater to day traders and experts. <a href="https://www.fool.com/money/buying-stocks/best-online-stock-brokers-beginners/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=47d2117b-8f74-451d-90e2-19e602ba0c6c" target="_blank"><b>Check out our full curated list of best brokerages for beginners</b></a><b> to get a trading platform that suits your needs.</b></p><h2 data-block-key="9h1tu" id="5.-invest-in-yourself">5. Invest in yourself</h2><p data-block-key="5lldf">Finally, if you're unhappy or restless in your career, using that $10,000 to further your education could help you get unstuck. You could put the money toward a traditional two- or four-year degree, or a crash course in a new skill, like basic programming. This could help you get a job that pays you more, or get involved in a field that brings you more satisfaction.</p><p data-block-key="dqe71">Investing $10,000 now instead of spending it could help open your future to new possibilities, including an early retirement. But don't stop at $10,000. Your chances of building wealth increase when you save consistently over long periods, even if it's a small amount.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=3e484faf-57a0-41d5-9231-19b1ab48b76f&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=47d2117b-8f74-451d-90e2-19e602ba0c6c" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=3e484faf-57a0-41d5-9231-19b1ab48b76f&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=47d2117b-8f74-451d-90e2-19e602ba0c6c" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 07:00:29 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/buying-stocks/articles/i-have-10000-to-invest-where-should-i-put-it-1/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=47d2117b-8f74-451d-90e2-19e602ba0c6c</guid><category domain="https://www.fool.com/guid">47d2117b-8f74-451d-90e2-19e602ba0c6c</category><category domain="https://www.fool.com/topic">brokers</category><author>newsfeedback@fool.com (Steven Porrello)</author></item><item><title>You Have $5 Million in Retirement Savings: Here's How Much You Could Withdraw Every Year</title><link>https://www.fool.com/money/personal-finance/articles/you-have-5-million-in-retirement-savings-heres-how-much-you-could-withdraw-every-year/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=d0a2503e-001f-48ff-a690-5444f4e14b53</link><content:encoded><br/> <div class="image"><img alt="Well-dressed mature couple enjoying wine with a fancy meal." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FWell-dressed_mature_couple_enjoying_wine_with_.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="l4vlm">Many Americans struggle to build retirement savings. So if you're approaching the end of your career with $5 million in savings, you're way ahead of the game.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=5377dd6f-065b-4fed-8bef-dbd6911e9de6&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=d0a2503e-001f-48ff-a690-5444f4e14b53" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=5377dd6f-065b-4fed-8bef-dbd6911e9de6&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=d0a2503e-001f-48ff-a690-5444f4e14b53" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="e10ac">As of 2022, the median retirement account balance among Americans aged 65 to 74 was $609,000, according to the Federal Reserve. A $5 million nest egg gives you more than eight times that amount. And it could also give you a pretty sweet annual income once you're ready to start taking withdrawals.</p><p data-block-key="6tf1i">But it's important to manage a $5 million retirement account wisely, the same way it's important to be careful with a $609,000 IRA or 401(k) balance. And that means following a withdrawal strategy rather than pulling money out of your account at random.</p><h2 data-block-key="tex1p" id="a-good-rule-of-thumb">A good rule of thumb</h2><p data-block-key="9sqqm">Even if you start off retirement with a huge sum of money, it's technically possible to run out of savings in your lifetime. That's why it's important to develop a strategy for tapping your nest egg.</p><p data-block-key="5v0ps">A good rule of thumb that financial experts have long stood by is the 4% rule. It has you removing 4% of your IRA or 401(k) balance your first year of retirement, and then adjusting future withdrawals as needed for inflation.</p><p data-block-key="56s3r">Based on this guidance, with a $5 million nest egg, you're looking at $200,000 a year in retirement income, not accounting for inflation-related adjustments. That's a pretty amazing income to live on, considering that you should expect some benefits from Social Security on top of it.</p><p data-block-key="4pf78">Of course, if you want to use a different withdrawal rate, that's your choice. Most financial experts will agree that going above 5% is a bit aggressive. So keep that in mind if you're not certain you want to limit yourself to 4% of your savings each year.</p><p data-block-key="f2lod">A good bet, though, is to work with a financial advisor. A professional can assess your total income picture, expenses, and goals, and use that information to help guide you on the right withdrawal rate.</p><h2 data-block-key="x7c1c" id="how-to-retire-with-millions-yourself">How to retire with millions yourself</h2><p data-block-key="63l8v">You might assume that it's only wealthy folks who get to retire with $5 million. But if you start saving early enough and use the right strategy to grow your money, a large nest egg may be in reach. You may not get to $5 million. But half of that may be surprisingly doable.</p><p data-block-key="dmfs5">Start by finding the right home for your savings. If your employer offers a 401(k), you can sign up there. <b>Otherwise,</b> <a href="https://www.fool.com/money/buying-stocks/best-brokers-iras/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=d0a2503e-001f-48ff-a690-5444f4e14b53" target="_blank"><b>check out this list of the best IRAs for retirement</b></a><b> and open one as soon as possible.</b></p><p data-block-key="9phli">Next, aim to contribute as much on a monthly basis as possible. You can start small as needed and increase your contributions over time. A good bet, in fact, is to save your raise each year on top of the amount you saved the year before.</p><p data-block-key="1f1n2">Finally, <a href="https://www.fool.com/money/buying-stocks/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=d0a2503e-001f-48ff-a690-5444f4e14b53" target="_blank">invest your retirement savings</a> in the stock market so your money is able to grow. Over the past 50 years, the S&P 500's average annual return has been 10%. That accounts for years when stock values soared and years when they declined.</p><p data-block-key="cqcqo">If you invest $500 a month over a 40-year period at a 10% return, you're looking at retiring with over $2.6 million. Now if you apply the 4% rule to that balance, you're looking at a little more than $100,000 a year during retirement. But that's hardly a small amount of money, especially when combined with Social Security.</p><p data-block-key="eiumm">The longer you wait to start building your nest egg, though, the less money you might end up with. So if you like the idea of having a six-figure annual income in retirement, start funding your long-term savings now, and invest for maximum growth right from the start.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=b950abcd-b930-4d3f-b69d-1a5e511fbffb&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=d0a2503e-001f-48ff-a690-5444f4e14b53" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=b950abcd-b930-4d3f-b69d-1a5e511fbffb&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=d0a2503e-001f-48ff-a690-5444f4e14b53" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 07:00:24 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/you-have-5-million-in-retirement-savings-heres-how-much-you-could-withdraw-every-year/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=d0a2503e-001f-48ff-a690-5444f4e14b53</guid><category domain="https://www.fool.com/guid">d0a2503e-001f-48ff-a690-5444f4e14b53</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>Can You Buy a House Without a Credit Score?</title><link>https://www.fool.com/money/mortgages/articles/can-you-buy-a-house-without-a-credit-score/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f60923b8-ea14-4553-b25c-0137e64026b1</link><content:encoded><br/> <div class="image"><img alt="A house against an orange background" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2F35_4YpnkOi.width-793.png%3Fwidth%3D793&w=700"/><p class="caption">Image source: Upsplash/The Motley Fool</p></div> <p data-block-key="ualii">When I was a Realtor, I worked with a lot of first-time home buyers, and one really common problem I had to deal with was buyers without a credit score. These were often otherwise very-well-prepared buyers who had considered their big buy very carefully, but they'd simply never bothered to get a credit card or maybe only had a single credit line, like a student loan.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=912ab6a5-01a0-49c6-9d49-ba1e26767765&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f60923b8-ea14-4553-b25c-0137e64026b1" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=912ab6a5-01a0-49c6-9d49-ba1e26767765&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f60923b8-ea14-4553-b25c-0137e64026b1" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="17b46">Inevitably, the credit would be run and we'd discover that we had a problem. But as it turns out, having no credit score is a lot better than having a bad credit score when you're trying to buy a house. It's an issue that can be overcome easily if you're willing to do a little bit of extra leg work to help your lender establish your creditworthiness.</p><h2 data-block-key="l2nb8" id="how-do-people-not-have-credit-scores">How do people not have credit scores?</h2><p data-block-key="4k3u1">Inevitably, when this subject comes up, someone asks me how someone could not have a credit score. It's easy, really. There are people out there whose understanding and relationship with credit is such that they simply never opened a credit card, never had a car loan, never borrowed a nickel to buy something they wanted. They simply saved the money and waited until it was time.</p><p data-block-key="55t8p">But it's harder to buy a house without borrowing, and that's where they run into trouble. <b>Fortunately, a lot of bankers, like those on our curated list of mortgage lenders --</b> <a href="https://www.fool.com/money/mortgages/best-mortgage-lenders/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f60923b8-ea14-4553-b25c-0137e64026b1" target="_blank"><b>click here to review the full list</b></a><b> -- are sympathetic to the situation and will work with you to create a credit file.</b></p><h2 data-block-key="43d0g" id="what-is-non-traditional-credit">What is non-traditional credit?</h2><p data-block-key="fk7nd">If you don't have a credit score and you want to buy a house, you'll have to have a credit file developed for you, much like the ones usually provided by credit reporting agencies like Experian or Equifax. Sometimes, this can come from an alternative financial service, but often, it's a job for your bank's underwriters.</p><p data-block-key="8dad8">They'll ask you for copies of bills and bank statements to prove you've made payments to certain kinds of accounts. The number and type will vary based on the lender and the type of mortgage you're pursuing, but here are a few common alternative credit types that can be used:</p><ul><li data-block-key="fi2sv">Rental housing payments</li><li data-block-key="16fou">Telephone or cellphone bills</li><li data-block-key="e3u4m">Utility bills, including cable and internet</li><li data-block-key="e473i">Car insurance premiums</li><li data-block-key="f6a3l">Rent-to-own agreements</li><li data-block-key="2dmud">Payment agreements for medical bills</li></ul><p data-block-key="8f8s4">You can also sometimes use a <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f60923b8-ea14-4553-b25c-0137e64026b1" target="_blank">savings account</a> that you've been contributing to religiously for at least 12 months that has shown an increasing balance over time. This means it's better to be a "no-touchy" savings account, so if you have to tap yours regularly, it may not be eligible.</p><h2 data-block-key="0w8ip" id="does-having-no-credit-score-mean-you'll-get-a-higher-mortgage-rate">Does having no credit score mean you'll get a higher mortgage rate?</h2><p data-block-key="2ufkd">If you're considering buying a home, but don't have a credit score, don't worry. Your lender will use your non-traditional credit to build the very best credit score it can on your behalf. So as long as your payments have all been made on time, and the quality of your credit references is solid, you'll end up with a credit score that is considered "good" at the end of the process.</p><p data-block-key="d1fvn">The TL;DR of that is that if you have an underwriter create a credit score for you, you'll be treated just like anyone else with the same credit score -- there's not a penalty for having no credit when you walk into a mortgage lender.</p><p data-block-key="doo6a"><b>That means you can</b> <a href="https://www.fool.com/money/mortgages/rates/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f60923b8-ea14-4553-b25c-0137e64026b1" target="_blank"><b>check mortgage rates on pages like this one</b></a><b> just like anybody else and expect your mortgage offer to be in the general ballpark.</b></p><h2 data-block-key="tlefl" id="no-credit-score-no-problem!">No credit score? No problem!</h2><p data-block-key="ad9d3">Having no credit score won't stop you from reaching your goals of homeownership, so don't let that be the thing that keeps you from calling your favorite lender to get prequalified. Do expect it to take a little bit longer since you'll need to provide a great deal more information to help the lender build your credit file from scratch, but when you're done, you'll be treated just like any other mortgage customer.</p><p data-block-key="74f58">So whether you've never had credit, or you've simply not had new credit since a bankruptcy, you can buy your own home -- and there's no time like today to get started.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=f1b4aa11-2072-4e37-862e-8703648e5811&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f60923b8-ea14-4553-b25c-0137e64026b1" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=f1b4aa11-2072-4e37-862e-8703648e5811&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f60923b8-ea14-4553-b25c-0137e64026b1" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 06:45:12 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/mortgages/articles/can-you-buy-a-house-without-a-credit-score/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=f60923b8-ea14-4553-b25c-0137e64026b1</guid><category domain="https://www.fool.com/guid">f60923b8-ea14-4553-b25c-0137e64026b1</category><category domain="https://www.fool.com/topic">mortgages</category><author>newsfeedback@fool.com (Kristi Waterworth)</author></item><item><title>3 Great Jobs for Retirees Who Want to Work</title><link>https://www.fool.com/money/personal-finance/articles/3-great-jobs-for-retirees-who-want-to-work/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ce9b64b-cff2-4de9-8d4c-6f379e12f156</link><content:encoded><br/> <div class="image"><img alt="Mature woman selling a box of baked goods" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FMature_woman_selling_a_box_of_baked_goods_jJiZ.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="bm7t3">More and more people opt to work during retirement, both for emotional and financial reasons. Indeed, a recent survey from the Transamerica Center for Retirement Studies showed that over 50% of today's middle class plan to work once they retire.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=9a92ee3f-7a99-4ea2-a459-8a82d3caf99d&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ce9b64b-cff2-4de9-8d4c-6f379e12f156" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=9a92ee3f-7a99-4ea2-a459-8a82d3caf99d&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ce9b64b-cff2-4de9-8d4c-6f379e12f156" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="b5j3o">For some, that's because they don't have as much as they'd like in their <a href="https://www.fool.com/money/buying-stocks/best-brokers-iras/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ce9b64b-cff2-4de9-8d4c-6f379e12f156" target="_blank">IRA</a> or 401(k). Others want to stay active and keep their brains engaged. Whatever your goal, there are all kinds of jobs out there to suit your energy levels and needs.</p><h2 data-block-key="h9p5n" id="1.-if-your-retirement-savings-aren't-where-you-want-them-to-be:-become-a-coach-or-a-consultant">1. If your retirement savings aren't where you want them to be: Become a coach or a consultant</h2><p data-block-key="dbhff">According to a recent AARP survey, over 60% of Americans over 50 are worried they won't have enough cash to support them in retirement. Working longer is one way to ease the financial pressure. And if you can use all the skills and experience you've already accumulated, it will be easier to earn top dollar.</p><p data-block-key="elib3">Coaching and consulting let you build on a career's worth of knowledge. Do a skills audit to work out what you can offer, and research any gaps in the market. Think about how to best leverage your expertise and start talking to potential clients as early as possible -- even before you retire.</p><h3 data-block-key="r9h1j" id="making-your-money-work-for-you">Making your money work for you</h3><p data-block-key="8aa44">As of 2020, there's no age limit for making IRA contributions. If you work longer and pay tax taxes, you can still get tax breaks on your earnings. The same goes for 401(k)s, but those are employer-sponsored plans, which won't apply to what's essentially freelance work.</p><p data-block-key="d7rg8"><a href="https://www.fool.com/money/buying-stocks/best-brokers-iras/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ce9b64b-cff2-4de9-8d4c-6f379e12f156" target="_blank"><b>Click here to learn more about the best brokerages for IRAs</b></a><b>.</b> Depending on your tax bracket and which type of IRA you use, you could qualify for thousands of dollars a year in tax breaks.</p><h2 data-block-key="cyx89" id="2.-if-you-want-to-earn-passive-income:-publish-your-own-book">2. If you want to earn passive income: Publish your own book</h2><p data-block-key="6sve4">As a retiree, having multiple passive income streams -- essentially money you don't need to actively work for -- can give you peace of mind. That might be through an investment portfolio that pays dividends or a property that generates rental payments.</p><p data-block-key="496sp">But if you don't have enough cash, there are other ways to build passive income sources. For example, if you've always dreamed of writing a book, now could be the time. It will take time and effort to write and market it. But the idea is that you'll be able to receive regular payments with minimal effort once it's all set up.</p><p data-block-key="amp57">Self-publishing means it is easier than ever to share your words and ideas with the world. Research the demand for different types of books and look for any crossover with knowledge or passions that you bring to the table.</p><h3 data-block-key="4ivd4" id="making-your-money-work-for-you">Making your money work for you</h3><p data-block-key="6qaq5">If you have cash to invest, think about how you can use it to generate passive income. For example, you might add dividend-paying stocks to your portfolio. Not all companies pay dividends. Focusing on those that do can generate regular payments as well as any appreciation in the value of the stock itself.</p><p data-block-key="9puen">If you're not comfortable picking individual stocks, think about adding dividend ETFs to your <a href="https://www.fool.com/money/buying-stocks/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ce9b64b-cff2-4de9-8d4c-6f379e12f156" target="_blank">brokerage account</a>.</p><h2 data-block-key="0vmf1" id="3.-if-you-want-to-work-with-people:-consider-a-role-in-healthcare">3. If you want to work with people: Consider a role in healthcare</h2><p data-block-key="d0u20">The healthcare industry continues to grow faster than average. If you want a role that involves being part of the community and helping people, a role in healthcare might be for you. You might need to do some training, but don't need a medical degree to work in the industry.</p><p data-block-key="8kr46">Here are three jobs to consider:</p><ul><li data-block-key="8bvcd"><b>Patient advocate:</b> This is someone who helps and supports patients and families as they navigate the health system. If you don't have experience, you might start out as a volunteer.</li><li data-block-key="5mv56"><b>Medical assistant:</b> In this role, you'd need to schedule appointments, talk to patients, and do some clinical tasks such as checking vital signs. You would likely need to do some training and get a certificate.</li><li data-block-key="a2g0c"><b>Medical interpreter:</b> If you speak more than one language, working as a medical interpreter could be rewarding. You'd be the linchpin between doctors and patients who don't speak English.</li></ul><h3 data-block-key="hg52c" id="making-your-money-work-for-you">Making your money work for you</h3><p data-block-key="l888">There's no right or wrong way to work in retirement and many retirees actively enjoy learning new skills. That said, if you have to pick up a lot of extra qualifications for your new role, it is worth crunching the numbers. If you have to spend a significant chunk of your nest egg to qualify, make sure you can afford it.</p><h2 data-block-key="5b5yd" id="bottom-line">Bottom line</h2><p data-block-key="9d9jk">There are many jobs out there for retirees. Think about your motivation, energy levels, and financial needs, as these will play a big role in your post-work career choices.</p><p data-block-key="73hl6">If your main driver is earning more cash, look for something that's going to pay well. But if you want to pursue a dream or passion, you might find a role that pays less or actually spend money to get new qualifications. Ultimately, there's no right or wrong way to retire -- it's up to you how you enjoy your golden years.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=256c5df5-6559-4681-91fe-82a1f2171cd8&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ce9b64b-cff2-4de9-8d4c-6f379e12f156" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=256c5df5-6559-4681-91fe-82a1f2171cd8&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ce9b64b-cff2-4de9-8d4c-6f379e12f156" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 06:30:22 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/3-great-jobs-for-retirees-who-want-to-work/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=2ce9b64b-cff2-4de9-8d4c-6f379e12f156</guid><category domain="https://www.fool.com/guid">2ce9b64b-cff2-4de9-8d4c-6f379e12f156</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Emma Newbery)</author></item><item><title>Can You Really Retire Rich if You Only Save $100 a Month?</title><link>https://www.fool.com/money/buying-stocks/articles/can-you-really-retire-rich-if-you-only-save-100-a-month/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=552b1c38-680d-45ac-b9f6-81327ad4af46</link><content:encoded><br/> <div class="image"><img alt="A pile of money with a seedling growing out of it" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FJester-money-001_Svywi4o.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: The Motley Fool/Upsplash</p></div> <p data-block-key="n3tu2">As a general rule, financial experts like to suggest saving 15% to 20% of your income for retirement. If you're an average wage-earner, or a higher earner in an expensive city where rents come at a premium, then parting with that large a chunk of your salary may not be doable.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=3bb497be-89de-4db2-9f18-b0aec47e29c2&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=552b1c38-680d-45ac-b9f6-81327ad4af46" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=3bb497be-89de-4db2-9f18-b0aec47e29c2&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=552b1c38-680d-45ac-b9f6-81327ad4af46" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="mhfs">But before you start thinking the worst, you should know that saving as little as $100 a month could leave you in an excellent place as far as your retirement nest egg goes. However, there's more to the story than that.</p><h2 data-block-key="5gbee" id="what's-your-time-frame">What's your time frame?</h2><p data-block-key="6krmi">Saving $100 a month could set you up for an incredible retirement under the right circumstances. And those include saving that monthly sum for many years, and <a href="https://www.fool.com/money/buying-stocks/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=552b1c38-680d-45ac-b9f6-81327ad4af46" target="_blank">investing your money</a> in stocks for maximum growth.</p><p data-block-key="41vag">Over the past 50 years, the stock market's average annual return has been 10%, accounting for years when stocks outperformed and years when they tanked. So if you save and invest in stocks for retirement over a lengthy period of time, there's a good chance you'll earn 10% a year in your portfolio, too.</p><p data-block-key="47ei">So where does a $100 monthly investment get you? Well, it depends on how many years you give yourself to grow wealth.</p><p data-block-key="90fpj">Let's say your target retirement age is 65. If you start saving $100 a month at age 50 and gain 10% a year in your portfolio, by 65, you'll have $38,000. That's better than nothing, but let's be honest -- it's not a ton of money for what could be a 30-year retirement.</p><p data-block-key="6huhb">On the other hand, let's say you start saving $100 a month for retirement at age 25, giving yourself 40 years to benefit from stock market gains. At a 10% yearly return, by 65, you're looking at $531,000. And <i>that's</i> a nice amount of money to have on hand for your senior years.</p><h2 data-block-key="ualzt" id="the-best-way-to-save-for-retirement">The best way to save for retirement</h2><p data-block-key="aarlq">It's possible to retire comfortably on $100 a month. But it's important to find the right home for your long-term savings.</p><p data-block-key="1agso">One option is to sign up for a 401(k) plan through your employer. This gives you a couple of benefits.</p><p data-block-key="f7mn6">First, your contributions are made through automatic payroll deductions, so you're more likely to stay on track. Also, a lot of companies have the practice of matching worker contributions to some degree. So participating in your workplace 401(k) could mean snagging free money for your retirement.</p><p data-block-key="c0on0">If you don't have access to a 401(k), another great option is to open an IRA. <b>And if you're not sure how to choose one,</b> <a href="https://www.fool.com/money/buying-stocks/best-brokers-iras/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=552b1c38-680d-45ac-b9f6-81327ad4af46" target="_blank"><b>start by checking out this list of the best IRAs</b></a><b>.</b></p><p data-block-key="bc9vr">From there, you'll need to choose investments for your retirement account. If it's a 401(k), you typically can't hold individual stocks in your workplace plan. But an S&P 500 index fund could be a good choice, and most 401(k)s offer one. The 10% stock market return above is actually based on the S&P 500's performance. And buying shares of an index fund is a good way to keep your investment fees low, since index funds are passively managed.</p><p data-block-key="2lee4">If you open an IRA, you can hold individual stocks in it. But you may decide to buy shares of an S&P 500 ETF (exchange-traded fund) to simplify the process.</p><p data-block-key="agd7k">Either way, know that you don't have to part with a ton of money each month to end up wealthy in time for retirement. A $100 monthly contribution could do you a world of good, provided you start early enough and invest in stocks for maximum growth.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2a2c985b-108e-4606-b95e-0ee47cb63b25&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=552b1c38-680d-45ac-b9f6-81327ad4af46" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2a2c985b-108e-4606-b95e-0ee47cb63b25&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=552b1c38-680d-45ac-b9f6-81327ad4af46" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 06:30:16 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/buying-stocks/articles/can-you-really-retire-rich-if-you-only-save-100-a-month/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=552b1c38-680d-45ac-b9f6-81327ad4af46</guid><category domain="https://www.fool.com/guid">552b1c38-680d-45ac-b9f6-81327ad4af46</category><category domain="https://www.fool.com/topic">brokers</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>How Much Should You Save for Retirement if You Earn $100,000 a Year?</title><link>https://www.fool.com/money/buying-stocks/articles/how-much-should-you-save-for-retirement-if-you-earn-100000-a-year/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8cc00fb1-c53e-40a2-816e-48e77b1c255f</link><content:encoded><br/> <div class="image"><img alt="Woman making calculations as she uses her laptop." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FWoman_making_calculations_as_she_uses_her_lapt.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="65ok8">There's a reason 20% of Americans aged 50 and over have no retirement savings, according to AARP. It's not easy to find the money for IRA or 401(k) plan contributions when you have other pressing expenses to tackle. And if you're not a particularly high earner, you might need your entire salary to cover your basic costs.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=db65b5a5-2953-4e4b-bc5c-b8d4e80a1cc1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8cc00fb1-c53e-40a2-816e-48e77b1c255f" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=db65b5a5-2953-4e4b-bc5c-b8d4e80a1cc1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8cc00fb1-c53e-40a2-816e-48e77b1c255f" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="ciumk">But what if you earn $100,000 a year? On a salary like that, it's conceivable that you should be able to save <i>something</i> for retirement. The question is, how much is reasonable?</p><h2 data-block-key="gkfoa" id="a-good-retirement-savings-target-for-a-dollar100000-income">A good retirement savings target for a $100,000 income</h2><p data-block-key="b81i">Financial experts generally recommend saving 15% to 20% of your income for retirement. But even on $100,000 a year, that may not be doable.</p><p data-block-key="2aso2">A lot of people who earn $100,000 a year also live in higher-cost areas that give them access to salaries like that. If you're paying $3,000 a month to rent a one-bedroom apartment, that's $36,000, or roughly one-third of your salary, right there. You may not have a spare $15,000 to $20,000 a year to save for retirement, and that's understandable.</p><p data-block-key="3nhgm">On the other hand, if you earn $100,000 a year, it's conceivable that you may be able to part with 5% of your pay, or $5,000 a year. And that could go a long way toward building a nice retirement nest egg.</p><p data-block-key="4jing">Over the past 50 years, the S&P 500's average annual return has been 10%, accounting for years when stocks did well and years when they did poorly. If you invest $416 a month (which is $5,000 a year) over a 30-year period, and you earn that same 10% return in your portfolio, you're looking at a savings balance of about $821,000. That's more than four times what the typical 65- to 74-year-old has in retirement savings, according to the Federal Reserve.</p><h2 data-block-key="lfeoo" id="finding-the-right-home-for-your-retirement-savings">Finding the right home for your retirement savings</h2><p data-block-key="fal5c">You have different options when it comes to housing your nest egg. If you work for an employer that offers a 401(k) plan, signing up can be beneficial, especially if there's a company match involved.</p><p data-block-key="aevc7">But if you don't have access to a 401(k), an IRA is a great bet. In fact, in some ways, IRAs have an advantage over 401(k)s.</p><p data-block-key="95s93">Because IRAs allow you to hold stocks individually (whereas 401(k) plans commonly limit you to different funds), you get more of a say over how your money is invested. And you may find it easier to keep your investment fees to a minimum with an IRA, whereas with a 401(k), you might face costly fees if you choose investments like mutual funds.</p><p data-block-key="6jhl4"><b>Not sure how to find the right IRA?</b> <a href="https://www.fool.com/money/buying-stocks/best-brokers-iras/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8cc00fb1-c53e-40a2-816e-48e77b1c255f" target="_blank"><b>Check out this list of the best IRAs to get started</b></a>.</p><p data-block-key="1c0dr">The amount of money you should save for retirement on $100,000 a year truly depends on what your expenses look like. If you're able to sock away 15% to 20% of your pay for the future, great. If not, don't sweat it. The key is to save a meaningful amount over a long period, and to <a href="https://www.fool.com/money/buying-stocks/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8cc00fb1-c53e-40a2-816e-48e77b1c255f" target="_blank">invest your money</a> in stocks so your savings may grow.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=b3d223c3-cfda-4d29-9bf2-b65458d921ac&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8cc00fb1-c53e-40a2-816e-48e77b1c255f" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=b3d223c3-cfda-4d29-9bf2-b65458d921ac&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8cc00fb1-c53e-40a2-816e-48e77b1c255f" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 06:15:13 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/buying-stocks/articles/how-much-should-you-save-for-retirement-if-you-earn-100000-a-year/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=8cc00fb1-c53e-40a2-816e-48e77b1c255f</guid><category domain="https://www.fool.com/guid">8cc00fb1-c53e-40a2-816e-48e77b1c255f</category><category domain="https://www.fool.com/topic">brokers</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>Got $5,000 in Credit Card Debt? Here's What It Might Cost You</title><link>https://www.fool.com/money/credit-cards/articles/got-5000-in-credit-card-debt-heres-what-it-might-cost-you/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=deee8173-6eb2-4a46-ab94-1b930eee7fe6</link><content:encoded><br/> <div class="image"><img alt="A man looking stressed while going through his bills next to his open laptop." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fstressed_man_with_bills_and_laptop.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="chfpo">Americans aren't strangers to credit card debt. And as of 2023, the average credit card balance was $6,501, according to Experian. This means that if you owe $5,000 on your <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=deee8173-6eb2-4a46-ab94-1b930eee7fe6" target="_blank">credit cards</a>, you're technically in better shape than folks who owe about $1,500 more.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=170893e3-cb7f-436a-a12c-291ebf593241&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=deee8173-6eb2-4a46-ab94-1b930eee7fe6" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=170893e3-cb7f-436a-a12c-291ebf593241&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=deee8173-6eb2-4a46-ab94-1b930eee7fe6" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="40p62">But that doesn't mean you shouldn't try to shed your credit card balance as quickly as possible. You may be surprised at how much money it ends up costing you.</p><h2 data-block-key="d5mme" id="what-will-a-dollar5000-balance-cost-you-in-interest">What will a $5,000 balance cost you in interest?</h2><p data-block-key="d1br1">The amount of interest you pay on a $5,000 credit card balance will depend on:</p><ul><li data-block-key="ai6ee">The interest rate your cards or cards are charging you</li><li data-block-key="6ief6">How long it takes you to pay off your balance</li></ul><p data-block-key="80jkc">Let's assume you're being charged 20% interest by your credit card companies, and that rate stays the same until your balance is paid down completely (credit card interest rates are variable and subject to change). Here's the amount of interest you stand to lose, depending on the number of months it takes to pay off your debt:</p><div class="ta_table-wrap"><table class="ta_table"><thead><tr><th>Months to Pay Off $5,000 Balance</th><th>Total Spent on Interest</th></tr></thead><tbody><tr><td>12</td><td>$558</td></tr><tr><td>24</td><td>$1,108</td></tr><tr><td>36</td><td>$1,690</td></tr><tr><td>48</td><td>$2,303</td></tr><tr><td>60</td><td>$2,948</td></tr></tbody></table></div><div class="caption pt--0 c--sec-drkr">Data source: Author's calculations. </div><p data-block-key="w8i4b">It shouldn't surprise you that the longer you carry your debt, the more it's going to cost you. But what <i>may</i> surprise you is how much interest you end up accumulating. If it takes you five years to pay off a $5,000 balance, in this example, you're looking at paying almost $3,000 in interest. Yikes.</p><h2 data-block-key="r4lno" id="how-to-pay-off-credit-card-debt-quickly">How to pay off credit card debt quickly</h2><p data-block-key="1s5n9">If you're juggling multiple credit card balances, consolidating your debt could help you pay it off much sooner. Plus, it's easier to pay a single bill every month than keep track of multiple due dates. And you have a few options here.</p><p data-block-key="3lf60">One is to do a balance transfer, which allows you to move your balances onto a single credit card -- and ideally, one with a 0% introductory interest rate. By not racking up interest for a period of time, you have an opportunity to get ahead of your debt. <a href="https://www.fool.com/money/credit-cards/best-balance-transfer-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=deee8173-6eb2-4a46-ab94-1b930eee7fe6" target="_blank"><b>Click here for a list of the best balance transfer credit cards</b></a><b>.</b><br/></p><p data-block-key="alt3p">Another strategy is to consolidate your debt into a personal loan. You won't get an interest-free period with a personal loan. But what you <i>will</i> most likely get is a much lower interest rate on your debt, making it easier (and less expensive) to repay. And the higher your credit score, the lower a personal loan rate you're likely to qualify for.</p><p data-block-key="9fb9c">Also, unlike credit cards, where your interest rate can vary (and increase), with a personal loan, you lock in a fixed interest rate. That makes your monthly loan payments more predictable. <a href="https://www.fool.com/money/personal-loans/best-personal-loans-debt-consolidation/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=deee8173-6eb2-4a46-ab94-1b930eee7fe6" target="_blank"><b>Click here for a list of the best personal loans for debt consolidation to explore your options</b></a><b>.</b></p><p data-block-key="8sfkn">Carrying a $5,000 credit card balance could end up costing you more money than expected. So it's in your best interest to try to get rid of it as quickly as you can.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=cfa1a181-3e52-4090-8b3b-5f9495875bd2&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=deee8173-6eb2-4a46-ab94-1b930eee7fe6" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=cfa1a181-3e52-4090-8b3b-5f9495875bd2&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=deee8173-6eb2-4a46-ab94-1b930eee7fe6" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 06:00:22 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/got-5000-in-credit-card-debt-heres-what-it-might-cost-you/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=deee8173-6eb2-4a46-ab94-1b930eee7fe6</guid><category domain="https://www.fool.com/guid">deee8173-6eb2-4a46-ab94-1b930eee7fe6</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>The Best Gifts for Kids at Costco</title><link>https://www.fool.com/money/personal-finance/articles/the-best-gifts-for-kids-at-costco/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ea3532c-4130-4fed-a059-52b5b5b0f137</link><content:encoded><br/> <div class="image"><img alt="Mother and young son play with car toys together." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FMother_and_young_son_play_with_car_toys_togeth.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="u8ucj">Shopping for kids' gifts can be tricky. They want everything, but you're trying to keep your wallet from bursting into tears. Enter Costco, where the aisles are stacked with amazing deals on toys that scream "best parent ever!" It's one of the <a href="https://www.fool.com/money/credit-cards/landing/chase-freedom-unlimited-review-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ea3532c-4130-4fed-a059-52b5b5b0f137" target="_blank">best strategies for saving money at Costco</a> during the holidays.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=10cee650-bdba-4c61-a247-86d401eed399&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ea3532c-4130-4fed-a059-52b5b5b0f137" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=10cee650-bdba-4c61-a247-86d401eed399&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ea3532c-4130-4fed-a059-52b5b5b0f137" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p data-block-key="cp3mk">Here's a rundown of this year's must-haves for the little ones, with enough savings to justify the oversized tub of popcorn you'll snack on while wrapping.</p><h2 data-block-key="7vzh3" id="1.-step2-gilded-gourmet-kitchen">1. Step2 Gilded Gourmet Kitchen</h2><p data-block-key="ch076">A play kitchen fit for a budding Michelin-star chef -- or at least a toddler who thinks toast is gourmet. This beauty comes with a 24-piece accessory set, an electronic stove burner that actually makes sounds, and enough gadgets (like a coffee station and a wall faucet) to make you jealous of your kid's setup. Just don't forget the AA batteries, because nothing kills the vibe like a non-working stove.</p><p data-block-key="f2n0q">At $99.99 (after $25 off), it's a steal compared to other retailers' $150 price tag. Plus, the next time your kid asks for yet another snack, you can redirect them to their "kitchen." You've earned it.</p><p data-block-key="bgp65"><b>To get even more savings,</b> <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ea3532c-4130-4fed-a059-52b5b5b0f137" target="_blank"><b>click here to learn about our favorite credit cards for Costco</b></a><b> -- you can earn cash back on your purchases.</b></p><h2 data-block-key="0r3i4" id="2.-yourigami-kids-convertible-play-fort">2. Yourigami Kids Convertible Play Fort</h2><p data-block-key="c7t9j">This is not just a fort; it's a modular masterpiece that can turn into whatever your kid's imagination dreams up -- castle, spaceship, or the "no grown-ups allowed" zone. With twelve foam cushion pieces, washable covers, and handles for easy storage, it's a gift that doubles as a sanity-saver when you need a few moments of peace.</p><p data-block-key="4qbm8">Costco has it for $129.99 (after $30 off), a small victory when similar sets sell for $134 or more elsewhere. Bonus: You won't have to break out the duct tape like you did with that old cardboard box fort.</p><h2 data-block-key="jwp67" id="3.-gabby's-celebration-dollhouse-and-deluxe-rooms-set">3. Gabby's Celebration Dollhouse and Deluxe Rooms Set</h2><p data-block-key="fj7pk">You can never go wrong with a dollhouse. And this 25-inch-tall dollhouse with 60-plus pieces and built-in sounds and music is their dream come true. Even better? AAA batteries are included, so you're ready to go right out of the box (a Costco miracle).</p><p data-block-key="dkh4d">At $79.99 (after $20 off), this is a major win, especially since it's listed for around $108 elsewhere. The only downside? You might end up singing along to the music and not realize it until you're deep into the second verse.</p><h2 data-block-key="h5qa3" id="4.-disney-villainous-game-bundle-with-exclusive-lorcana-card">4. Disney Villainous Game Bundle with Exclusive Lorcana Card</h2><p data-block-key="924on">Here's something for the older kids or the board-game-loving adults in your life. This bundle of three Disney Villainous strategy games features iconic characters like Maleficent and Ursula, plus an exclusive Disney Lorcana promo card that's sure to spark excitement.</p><p data-block-key="5pfie">Retailing close to $20 per game individually, this $49.99 bundle (after $20 off) is practically wickedly good. It's the perfect way to inspire family game nights -- or at least a solid reason to lock your phone away for an hour.</p><h2 data-block-key="5cdlw" id='5.-winter-snackles-14"-plush'>5. Winter Snackles 14" Plush</h2><p data-block-key="6h8i0">Snackles are a plush and snack combo, which might just be the most genius toy concept ever. Each one comes with its favorite licensed snack, making it an adorable and affordable stocking stuffer for just $9.99 (note: you must buy at least two, per Costco's rules for this item).</p><p data-block-key="7eg1k">With these cute, cuddly creatures selling for $15 elsewhere, it's almost rude not to pick a couple up. Warning: You might be tempted to start a Snackles collection of your own.</p><p data-block-key="ekvhj">Costco strikes again with deals that make it hard to leave without filling an entire cart. Whether you're shopping for tiny tots, tweens, or even the big kids (aka yourself), these gifts are affordable, fun, and just a little over the top. Oh, and use one of <a href="https://www.fool.com/money/credit-cards/best-cash-back-credit-card/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ea3532c-4130-4fed-a059-52b5b5b0f137" target="_blank">the best cash back cards</a> to save even more money. Happy shopping -- and good luck fitting it all under the tree!</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=92e03052-18c0-4aff-8165-9602ceacf7b1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ea3532c-4130-4fed-a059-52b5b5b0f137" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=92e03052-18c0-4aff-8165-9602ceacf7b1&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2ea3532c-4130-4fed-a059-52b5b5b0f137" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 06:00:17 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/the-best-gifts-for-kids-at-costco/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=2ea3532c-4130-4fed-a059-52b5b5b0f137</guid><category domain="https://www.fool.com/guid">2ea3532c-4130-4fed-a059-52b5b5b0f137</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Jordi Lippe)</author></item><item><title>Here's Why You May Be Denied a Credit Card -- Even With a Perfect Credit Score</title><link>https://www.fool.com/money/credit-cards/articles/heres-why-you-may-be-denied-a-credit-card-even-with-a-perfect-credit-score/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2e18bee5-eb1e-4105-a767-9ff6f6b886ab</link><content:encoded><br/> <div class="image"><img alt="A worried-looking woman reading a letter in her home." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fworried_woman_reading_letter.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="3ihog">There's a reason consumers are encouraged to try to boost their credit scores as much as possible. The higher your score, the more likely you are to qualify for a new <a href="https://www.fool.com/money/personal-loans/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2e18bee5-eb1e-4105-a767-9ff6f6b886ab" target="_blank">personal loan</a> or credit card the next time you want one.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=04a57878-94de-4819-8c21-2c1fbe31781e&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2e18bee5-eb1e-4105-a767-9ff6f6b886ab" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=04a57878-94de-4819-8c21-2c1fbe31781e&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2e18bee5-eb1e-4105-a767-9ff6f6b886ab" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="l8q4">But even if your credit score is a perfect 850, that doesn't guarantee you'll be granted a credit card every single time you apply for one. Here's why a credit card issuer might choose to reject your application despite perfect credit.</p><h2 data-block-key="9mrvj" id="1.-you've-opened-too-many-new-cards-recently">1. You've opened too many new cards recently</h2><p data-block-key="r5av">It's natural to want to chase <a href="https://www.fool.com/money/credit-cards/best-sign-up-bonus-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2e18bee5-eb1e-4105-a767-9ff6f6b886ab" target="_blank">credit card sign-up bonuses</a> for the cash back or extra rewards. The problem, though, is that if you open too many new credit cards in short order, it can signal a red flag to credit card issuers that you may be overextending yourself. And that could cause a credit card application to get rejected.</p><p data-block-key="2lcrp">Even if a credit card issuer isn't worried about the risk of you not paying your balance (because with a perfect credit score, it's clear that you have an impeccable payment history), they might reject your application because they think you won't use your card all that often.</p><p data-block-key="j0oi">Credit card companies want your business. But if you've recently applied for a handful of cards, an issuer might assume that you're really only in it for the sign-up bonus since you clearly don't have a need for yet another credit card.</p><h2 data-block-key="c91uj" id="2.-you've-applied-for-too-many-credit-cards-from-the-same-issuer">2. You've applied for too many credit cards from the same issuer</h2><p data-block-key="7ue15">Some credit card issuers have rules specific to them that say you can only apply for so many cards within the same time frame. If you go overboard, you could be denied on that basis alone, even if it's pretty clear that you're loyal to that one issuer.</p><h2 data-block-key="0noyc" id="3.-you-don't-meet-the-income-requirements">3. You don't meet the income requirements</h2><p data-block-key="5ok05">Some credit cards have certain income requirements that need to be met. It's more than possible to have perfect credit even if your income isn't all that high. It means you're doing a fantastic job of managing your money and bills. But if you don't meet an issuer's income requirement for a given card, you could be denied despite having perfect credit.</p><h2 data-block-key="8hmdp" id="what-to-do-if-your-credit-card-application-is-denied">What to do if your credit card application is denied</h2><p data-block-key="mfv9">If you're denied a credit card and have perfect credit, see if any of the factors above apply to you. But also, don't hesitate to call the issuer and ask for an explanation -- and also, to verify that the denial wasn't a mistake.</p><p data-block-key="7jhfj">It could also be that you made an error in filling out your credit card application, or something else that's correctable. But either way, it's important to understand why you were denied so you can avoid the same issue the next time a new credit card catches your eye.</p><p data-block-key="6hc2a">At the same time, if you want to maintain perfect credit, using the cards you already have is a good way to avoid hard inquiries that drag your score down. <b>But if you're thrilled with your current cards and you're willing to absorb a credit score hit from a hard inquiry,</b> <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2e18bee5-eb1e-4105-a767-9ff6f6b886ab" target="_blank"><b>check out this list of the best credit cards</b></a><b> to see what else is out there.</b></p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=9763db17-bb14-493f-81e2-cacf23ec7643&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2e18bee5-eb1e-4105-a767-9ff6f6b886ab" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=9763db17-bb14-493f-81e2-cacf23ec7643&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=2e18bee5-eb1e-4105-a767-9ff6f6b886ab" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 05:45:08 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/heres-why-you-may-be-denied-a-credit-card-even-with-a-perfect-credit-score/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=2e18bee5-eb1e-4105-a767-9ff6f6b886ab</guid><category domain="https://www.fool.com/guid">2e18bee5-eb1e-4105-a767-9ff6f6b886ab</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>Got $250 a Month? Here's How It Could Set You Up for an Amazing Retirement</title><link>https://www.fool.com/money/buying-stocks/articles/got-250-a-month-heres-how-it-could-set-you-up-for-an-amazing-retirement/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3fae9100-4aed-4e60-b768-86ae58d3851b</link><content:encoded><br/> <div class="image"><img alt="A glass jar full of bills and coins" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FJester-money-002_1K3FFgk.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: The Motley Fool/Upsplash</p></div> <p data-block-key="tl52y">In 2024, IRAs max out at $7,000 for workers under age 50 and $8,000 for those 50 and over. And in 2025, these contribution limits are staying the same.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=19b02ccd-3e10-4556-8346-405de6e2f9ec&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3fae9100-4aed-4e60-b768-86ae58d3851b" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=19b02ccd-3e10-4556-8346-405de6e2f9ec&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3fae9100-4aed-4e60-b768-86ae58d3851b" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="9r2h">Maxing out an IRA is a great way to set yourself up with a giant nest egg for retirement. But maxing out also isn't an easy thing to do.</p><p data-block-key="a69uq">If you're 25 years old, maxing out an IRA this year and next means parting with about $583 per month. That's a lot of money to allocate to retirement savings when you may have loads of pressing bills to deal with <i>now</i>, not to mention leftover student loans.</p><p data-block-key="e2dkg">The good news, though, is that you don't have to max out an IRA to end up with a large pile of savings over time. Investing just $250 a month, in fact, could set you up for a fantastic retirement under the right circumstances.</p><h2 data-block-key="1ki6u" id="when-time-is-on-your-side">When time is on your side</h2><p data-block-key="fbmkd">Saving and investing just $250 a month for retirement may not cut it if you first get into the habit during your 40s or 50s. But if you're in your 20s, you can build a serious amount of wealth on just $250 a month, provided you <a href="https://www.fool.com/money/buying-stocks/best-investment-apps-beginners/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3fae9100-4aed-4e60-b768-86ae58d3851b" target="_blank">invest your money</a> in stocks -- specifically index funds that track the S&P 500's performance.</p><p data-block-key="14bv8">Over the past 50 years, the S&P 500's average annual return has been 10%. To be clear, though, this doesn't mean that the market's performance has been an even 10% year over year. That 10% is an <i>average</i> accounting for years when the market did extremely well and years when it lost money.</p><p data-block-key="1lt2v">But if you invest for retirement over a long period of time, there's a good chance that you'll enjoy a 10% return in your portfolio. And that could go a long way.</p><p data-block-key="2392c">Say you're 25 years old and you decide to begin saving and investing for retirement this month. Let's also assume you want to retire at age 65 (which, in case you're curious, is when you can get onto Medicare).</p><p data-block-key="f0qnj">If you contribute $250 a month to your IRA, and it gives you a 10% yearly return over that 40-year stretch, you're looking at growing your nest egg to <b>over $1.3 million</b>.</p><p data-block-key="bsqgc">And the best part? That $1.3 million IRA balance is coming to you at a cost of just $120,000 in contributions. That means you're gaining about $1.2 million simply by investing in the stock market over many years.</p><h2 data-block-key="b46cl" id="get-started-today">Get started today</h2><p data-block-key="81i1">A $250 monthly investment could help you pull off your dream retirement. But the key is to give yourself several decades of gains to enjoy. <b>So if you haven't started investing for retirement yet,</b> <a href="https://www.fool.com/money/buying-stocks/best-brokers-iras/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3fae9100-4aed-4e60-b768-86ae58d3851b" target="_blank"><b>check out this list of the best IRAs and open one today</b></a><b>.</b> Or, sign up for a 401(k) plan if your employer offers one.</p><p data-block-key="8qrs1">The sooner you begin saving and investing for retirement, the more you get to take advantage of stock market returns. So even if you can't yet swing $250 a month, save <i>something</i> and aim to increase your monthly contributions over time. You'll be thankful you did later on.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=48ec099c-d35e-4bae-a0dd-d1b1f931f1a0&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3fae9100-4aed-4e60-b768-86ae58d3851b" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=48ec099c-d35e-4bae-a0dd-d1b1f931f1a0&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=3fae9100-4aed-4e60-b768-86ae58d3851b" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 05:30:18 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/buying-stocks/articles/got-250-a-month-heres-how-it-could-set-you-up-for-an-amazing-retirement/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=3fae9100-4aed-4e60-b768-86ae58d3851b</guid><category domain="https://www.fool.com/guid">3fae9100-4aed-4e60-b768-86ae58d3851b</category><category domain="https://www.fool.com/topic">brokers</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>5 Gifts You Can Buy at Costco for Under $100</title><link>https://www.fool.com/money/personal-finance/articles/5-gifts-you-can-buy-at-costco-for-under-100/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f58043e3-b7b3-4b2a-9110-35736ea58f2c</link><content:encoded><br/> <div class="image"><img alt="A woman's hands wrapping gifts with brown paper and pine tree trimmings." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fwomans_hands_wrapping_gifts.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="oa893">While we're well into November, there's still time to finish your holiday shopping. If you have a Costco membership, you can shop member-exclusive deals that help you keep more money in your <a href="https://www.fool.com/money/banks/checking-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f58043e3-b7b3-4b2a-9110-35736ea58f2c" target="_blank">checking account</a>. The warehouse club retailer has fantastic ideas for all budgets. Ready to start shopping? Here are a few winning gifts you can purchase at Costco for less than $100 each.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=09420b4e-67d0-4aff-933b-4751d56ebab0&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f58043e3-b7b3-4b2a-9110-35736ea58f2c" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=09420b4e-67d0-4aff-933b-4751d56ebab0&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f58043e3-b7b3-4b2a-9110-35736ea58f2c" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><h2 data-block-key="6lzt4" id="1.-four-pack-of-apple-airtags-for-dollar79.99">1. Four-pack of Apple AirTags for $79.99</h2><p data-block-key="fj42o">Need to buy a gift for a forgetful family member or friend? Why not give them a four-pack of Apple AirTags? You can make their life easier and help them find a lost wallet, keys, or luggage with greater ease. This useful present costs $79.99 at Costco. The retail price for a four-pack of these tracking devices is $99.99 through Apple, so your Costco membership will save you $20.</p><h2 data-block-key="wkgyb" id="2.-bose-soundlink-flex-se-portable-waterproof-bluetooth-speaker-for-dollar99.99">2. Bose SoundLink Flex SE Portable Waterproof Bluetooth Speaker for $99.99</h2><p data-block-key="ek9bl">If you're looking for the ideal present for someone special who loves music, a portable Bluetooth speaker is an excellent option. The Bose SoundLink Flex SE Portable Waterproof Bluetooth Speaker is available at Costco for $99.99. Through Dec. 2, it is being sold with an additional $30 discount. The sticker price for this portable Bluetooth speaker is $149. It's compact, waterproof, and has a battery life of up to 12 hours. Your loved one is sure to appreciate this gift.</p><p data-block-key="en0it"><b>Want to save more on your next Costco haul? We recommend using a rewards credit card at checkout.</b> <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f58043e3-b7b3-4b2a-9110-35736ea58f2c" target="_blank"><b>Click here to explore the top credit cards for Costco shoppers</b></a><b>.</b></p><h2 data-block-key="zhk9a" id="3.-lego-bundle:-welcome-to-emerald-city-magical-unicorn-and-red-dragon-lego-kits-for-dollar99.99">3. LEGO Bundle: Welcome to Emerald City, Magical Unicorn, and Red Dragon LEGO kits for $99.99</h2><p data-block-key="58icp">This deal is perfect for the LEGO collector in your life. You can get three kits for $99.99. Costco sells a bundle that includes the Welcome to Emerald City, Magical Unicorn, and Red Dragon LEGO kits for $99.99. The Welcome to Emerald City kit has a sticker price of $99.99. Meanwhile, the other two kits cost $9.99 each. So you'll save $20 when you buy this bundle.</p><h2 data-block-key="kzay4" id="4.-two-dollar50-uber-gift-cards-for-dollar79.99">4. Two $50 Uber gift cards for $79.99</h2><p data-block-key="fruvq">Gift cards make for a lovely present, especially if you can buy one that matches your loved one's typical spending. If you have a traveler on your list or someone who uses ride-hailing services, you may want to consider this gift card deal. Costco sells a pack of two $50 Uber gift cards for $79.99. These gift cards can be used for Uber rides or Uber Eats orders in the United States. You'll save $20, and your giftee will appreciate this winning present.</p><h2 data-block-key="ogx7a" id="5.-dollar100-instacart-gift-card-for-dollar79.99">5. $100 Instacart gift card for $79.99</h2><p data-block-key="1ls7t">Here's another discounted gift card that would make a great gift. Costco sells a $100 Instacart gift card for $79.99. The gift card can be used to pay for grocery delivery through Instacart or same-day Costco delivery orders.</p><p data-block-key="l5oi">This would be a fantastic present for anyone on your list who is overwhelmed and super busy because it will add convenience to their life. As a Costco member, you'll get a $20 discount on the sticker price. Don't ignore the gift card deals at Costco.</p><h2 data-block-key="i30k9" id="maximize-your-costco-membership">Maximize your Costco membership</h2><p data-block-key="89qsc">Remember to check whether your Costco membership can help you save more as you shop for the holidays. Whether you shop in-club or at Costco.com, there are plentiful gift options that your loved ones will appreciate. You can <a href="https://www.fool.com/money/credit-cards/landing/chase-freedom-unlimited-review-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f58043e3-b7b3-4b2a-9110-35736ea58f2c" target="_blank">maximize your Costco membership</a> by taking advantage of early holiday sales that are happening now. Every dollar you save adds up.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d517659a-69b7-4969-9d65-9e403615f8fc&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f58043e3-b7b3-4b2a-9110-35736ea58f2c" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d517659a-69b7-4969-9d65-9e403615f8fc&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=f58043e3-b7b3-4b2a-9110-35736ea58f2c" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/20360/">Natasha Gabrielle</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Costco Wholesale, and Uber Technologies. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 05:30:13 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/5-gifts-you-can-buy-at-costco-for-under-100/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=f58043e3-b7b3-4b2a-9110-35736ea58f2c</guid><category domain="https://www.fool.com/guid">f58043e3-b7b3-4b2a-9110-35736ea58f2c</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Natasha Gabrielle)</author></item><item><title>3 Things You Shouldn't Buy at Costco, Despite the Big Savings</title><link>https://www.fool.com/money/personal-finance/articles/3-things-you-shouldnt-buy-at-costco-despite-the-big-savings/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=00b5005b-a9ab-47c0-a8f5-77c4dea4d9dd</link><content:encoded><br/> <div class="image"><img alt="A smiling father bringing home groceries to his family." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FFather_bringing_home_groceries_to_family_GlSgC.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="qv542">There's a reason so many people love shopping at Costco. The store's bulk discounts and low prices make it easy to <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=00b5005b-a9ab-47c0-a8f5-77c4dea4d9dd" target="_blank">save money</a> in the course of stocking your pantry, fridge, and home.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=f772897b-0fa2-4ce5-923d-8146e387be09&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=00b5005b-a9ab-47c0-a8f5-77c4dea4d9dd" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=f772897b-0fa2-4ce5-923d-8146e387be09&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=00b5005b-a9ab-47c0-a8f5-77c4dea4d9dd" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p data-block-key="f4r8h"><b>And if you use the right credit card at Costco, you can amplify your savings even more.</b> <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=00b5005b-a9ab-47c0-a8f5-77c4dea4d9dd" target="_blank"><b>Click here for a list of the best credit cards offering rewards for Costco shoppers</b></a><b>.</b></p><p data-block-key="2dosv">But there are certain items at Costco that <i>shouldn't</i> have a place in your shopping cart. Here are a few you're best off avoiding.</p><h2 data-block-key="pff0w" id="1.-spices-you-don't-use-often">1. Spices you don't use often</h2><p data-block-key="bj45j">Costco carries a number of commonly used and less commonly used spices in bulk. If your local Costco has a great price on a spice you use weekly, then it pays to take advantage. But steer clear of bulk spices you only use on occasion.</p><p data-block-key="7qhl3">Believe it or not, spices can go bad over time in the form of losing their oomph. And since the point of spices is, well, to <i>season</i> your food, that kind of defeats the purpose.</p><p data-block-key="1663q">For example, the online price for Kirkland crushed red pepper is $4.79 for 10 ounces, or about $0.48 per ounce. And you should know that Costco's in-store prices are commonly lower than its online prices (though they also vary by store and geographic location).</p><p data-block-key="f7s1f">Meanwhile, you might pay almost four times that much per ounce at a regular supermarket. Stop and Shop's price for crushed red pepper in Boston is $2.79 for a 1.5-ounce container. So Costco has the better deal on a per-ounce basis.</p><p data-block-key="e3qee">But if you only use crushed red pepper for the occasional recipe, then you should buy the smaller bottle for $2 less, even if that means paying more per ounce. If you spend $2 more at Costco but throw out three-quarters of the jar, you're not going to end up coming out ahead.</p><h2 data-block-key="0wyf0" id="2.-produce-you-don't-eat-almost-daily">2. Produce you don't eat almost daily</h2><p data-block-key="c9vf6">Produce commonly has a limited shelf life. So while it's okay to buy produce at Costco that you eat almost every day, you shouldn't buy fruits or vegetables you only eat a couple of times a week.</p><p data-block-key="e1iq2">It's the same concept as the example above. You might pay less on a per-ounce basis when you buy your produce at Costco. But if you only eat a small serving of kale here and there, you shouldn't buy a jumbo-sized bag.</p><h2 data-block-key="045zw" id="3.-anything-you-don't-actually-need">3. Anything you don't actually need</h2><p data-block-key="g8gr">Costco's low price points can be very enticing -- especially now, given that the store is running a variety of holiday deals. But you should never buy anything at Costco -- or any store, for that matter -- for the express purpose of getting a deal.</p><p data-block-key="3tmtm">For example, right now, Costco is offering $100 off the KitchenAid 6 Quart Bowl-Lift Stand Mixer through Dec. 2. That takes the online price from $399.99 to $299.99. So if that's an item you specifically want, then you should snag it while it's on sale.</p><p data-block-key="bl3jj">But if you rarely bake, why spend $300 on a giant kitchen tool that's only going to take up space in your cabinet or on your countertop? In that case, you didn't really <i>save</i> $100 so much as <i>spend</i> $300 kind of needlessly.</p><p data-block-key="3l3vh">There are plenty of ways you can take advantage of Costco's low prices. But be careful when buying spices and produce in bulk. And don't let the lure of a sale drive you to make purchases at Costco you won't actually get great value from.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=dbb08899-fa83-4232-994e-1417745e1f23&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=00b5005b-a9ab-47c0-a8f5-77c4dea4d9dd" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=dbb08899-fa83-4232-994e-1417745e1f23&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=00b5005b-a9ab-47c0-a8f5-77c4dea4d9dd" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/14582/">Maurie Backman</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 05:15:14 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/3-things-you-shouldnt-buy-at-costco-despite-the-big-savings/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=00b5005b-a9ab-47c0-a8f5-77c4dea4d9dd</guid><category domain="https://www.fool.com/guid">00b5005b-a9ab-47c0-a8f5-77c4dea4d9dd</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>Want to Eat Shake Shack on Your Next Delta Flight? These Cards Can Help</title><link>https://www.fool.com/money/credit-cards/articles/want-to-eat-shake-shack-on-your-next-delta-flight-these-cards-can-help/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=be875027-b53c-4e3f-9494-2e41a17abdbb</link><content:encoded><br/> <div class="image"><img alt="A person looking out the window while sitting at a table set with white linen and flowers on a private plane." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fperson_on_private_plane_GM2hVuz.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="8maf6">One of America's largest airlines is teaming up with one of America's favorite premium fast casual burger chains to bring a delicious new item to in-flight dining. That's right: Delta Air Lines has announced a new partnership with Shake Shack.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=48f25520-df38-49d2-a17a-c76143766004&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=be875027-b53c-4e3f-9494-2e41a17abdbb" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=48f25520-df38-49d2-a17a-c76143766004&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=be875027-b53c-4e3f-9494-2e41a17abdbb" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="3rtmq">Starting Dec. 1, 2024, Delta will be serving Shake Shack cheeseburgers as an optional menu item for first-class passengers. This new Shake Shack-Delta Air Lines offering is currently planned only for select long-range Delta flights out of Boston, but Delta says it will expand the partnership in 2025 and offer Shake Shack in-flight meals in other markets.</p><p data-block-key="cqrmh">What does this new way to eat Shake Shack mean for your flight plans? Let's look at why Delta Air Lines' new partnership with Shake Shack could be a harbinger of the future of air travel, and how the best airline cards can help upgrade your in-flight meal options.</p><h2 data-block-key="1rx9f" id="how-to-eat-shake-shack-on-delta-air-lines">How to eat Shake Shack on Delta Air Lines</h2><p data-block-key="dmo7">If you're flying out of Boston on Delta Air Lines, you might want to upgrade to first class. Starting Dec. 1, 2024, Delta passengers in first class can choose Shake Shack cheeseburgers as a pre-selected meal option. (Note: this offering is only available for flights longer than 900 miles.)</p><p data-block-key="79rrs">First-class passengers can choose a Shake Shack cheeseburger meal within the Fly Delta app or through a link sent to them via email, between seven days and 24 hours before the flight. The burger can be customized with toppings (served on the side) like tomato, lettuce, and ShackSauce. And you don't just get a burger -- as part of the meal, you'll also get a Caesar salad, chips, and a dark chocolate brownie for dessert.</p><p data-block-key="79elo"><b>Do you want to get into Delta's first class to eat Shake Shack?</b> Here's a good way to make it happen: use the best Delta Air Lines cards. <a href="https://www.fool.com/money/credit-cards/best-delta-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=be875027-b53c-4e3f-9494-2e41a17abdbb" target="_blank"><b>Click here to learn more about how the best Delta airlines cards can help you earn frequent flyer miles</b></a><b> -- and help you get upgrades to first class and eat Shake Shack at 35,000 feet.</b></p><h2 data-block-key="k2qrl" id="shake-shack-in-delta-first-class-is-a-sign-of-the-future">Shake Shack in Delta first class is a sign of the future</h2><p data-block-key="48c4p">In the past few years, airlines have started to offer more premium seating and perks to higher-paying customers. If you ever get the feeling that "basic economy" seats are getting more cramped, and that airlines are upselling you for every little thing like checked bags, well…you're right! Airlines have gotten more strategic and skillful at figuring out which customers are willing to pay extra for legroom, for a window seat, and for other little comforts. Airlines want to maximize profit from every seat on the plane.</p><p data-block-key="aj2sk">Here's why Shake Shack in Delta first class is another sign of this premiumization trend in air travel: people might want to splurge on a first-class seat, or use credit card points or miles to upgrade, if they know they can eat their favorite Shake Shack burger in midair. Anything that airlines can do to make the in-flight experience more comfortable for higher-paying customers will be more likely to happen going forward.</p><p data-block-key="9ma5e">Does this mean air travel will get worse for passengers in old-fashioned "coach" class and basic economy? Not necessarily. But more and more, <b>if you want to avoid upselling and have the best experience on airlines, it pays to use airline credit cards or</b> <a href="https://www.fool.com/money/credit-cards/best-travel-rewards-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=be875027-b53c-4e3f-9494-2e41a17abdbb" target="_blank"><b>travel rewards credit cards</b></a><b>.</b> Having a stash of points or miles built up on one of your favorite cards can make it easier for you to splurge on a higher fare class with more legroom, more perks, or maybe even a Shake Shack burger on your inflight tray table.</p><h2 data-block-key="f7h8v" id="bottom-line">Bottom line</h2><p data-block-key="fi30">Delta Air Lines' new partnership with Shake Shack is only launching in Boston for now, and only for first-class passengers. But this could be another sign of how airlines will get more creative and indulgent with special perks and experiences for higher-paying customers. The <a href="https://www.fool.com/money/credit-cards/best-airline-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=be875027-b53c-4e3f-9494-2e41a17abdbb" target="_blank">best airline cards</a> can help you upgrade your in-flight experience, whether you want to eat Shake Shack in first class, or just get a few more inches of legroom.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d5cd7968-02cf-469d-b769-af0c74dce635&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=be875027-b53c-4e3f-9494-2e41a17abdbb" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d5cd7968-02cf-469d-b769-af0c74dce635&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=be875027-b53c-4e3f-9494-2e41a17abdbb" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool recommends Delta Air Lines. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 05:00:31 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/want-to-eat-shake-shack-on-your-next-delta-flight-these-cards-can-help/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=be875027-b53c-4e3f-9494-2e41a17abdbb</guid><category domain="https://www.fool.com/guid">be875027-b53c-4e3f-9494-2e41a17abdbb</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Ben Gran)</author></item><item><title>10 Fantastic Products You'll Only Find at Kohl's</title><link>https://www.fool.com/money/personal-finance/articles/10-fantastic-products-youll-only-find-at-kohls/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=82729107-34cf-49f5-b576-91eda36ab4a3</link><content:encoded><br/> <div class="image"><img alt="A woman handing her credit card to the employee at a cashier stand in a department store." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fwoman_paying_with_credit_card_in_department_st.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="hqlv2">Kohl's is a classic-style American department store with a range of its own unique in-house brands and special offers. If you're looking to save money on 2024 holiday shopping, you can find some great deals at Kohl's on clothes, household items, toys, shoes, and more.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=4a5a3df4-569c-4974-94eb-d6952533e1aa&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=82729107-34cf-49f5-b576-91eda36ab4a3" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=4a5a3df4-569c-4974-94eb-d6952533e1aa&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=82729107-34cf-49f5-b576-91eda36ab4a3" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="damtl">As Black Friday approaches, here are a few of the best products that you might find only at Kohl's.</p><p data-block-key="51r0r"><i>All deals were available for online shopping at Kohls.com as of Nov. 24, 2024. Prices may vary by location; some prices may require a discount code at checkout.</i></p><h2 data-block-key="gmnnm" id="1.-men's-apt.-9(r)-nested-tuxedo-suit-set-(dollar152.99)">1. Men's Apt. 9® Nested Tuxedo Suit Set ($152.99)</h2><p data-block-key="cp1ds">If a young man in your life needs a new tuxedo for a prom, wedding, fundraising soiree, special event, or James Bond-themed costume party, this tuxedo can deliver. From Kohl's exclusive brand Apt. 9, this tuxedo comes in three colors of suit jacket (white, blue, or black) and looks sleek and sophisticated. Sometimes a good tux is worth buying, instead of spending almost as much (or more) to rent.</p><h2 data-block-key="q8zug" id="2.-sonoma-goods-for-life(r)-floral-medallion-indooroutdoor-area-rug-(dollar95.19)">2. Sonoma Goods For Life® Floral Medallion Indoor/Outdoor Area Rug ($95.19)</h2><p data-block-key="9kulb">Sometimes you just need a new rug to tie a room together. Or to be a fun accent piece for your patio or deck. This 6.5 by 9-foot rug can do both! That's right -- it's an indoor/outdoor area rug. The red color and floral design are eye-catching and bold.</p><p data-block-key="buiil">Want to save even more money at Kohl's this holiday season? Cash back credit cards can help you earn an extra cash "discount" on everything you buy, including Kohl's purchases. <a href="https://www.fool.com/money/credit-cards/best-cash-back-credit-card/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=82729107-34cf-49f5-b576-91eda36ab4a3" target="_blank"><b>Click here to see our curated list of the best cash back credit cards</b></a><b> -- some can help you earn 2% to 3% or more when shopping at Kohl's or your other favorite stores.</b></p><h2 data-block-key="j5gvf" id="3.-sonoma-goods-for-life(r)-astoria-gauze-comforter-set-with-shams-(dollar50.99)">3. Sonoma Goods For Life® Astoria Gauze Comforter Set with Shams ($50.99)</h2><p data-block-key="dp4ei">Winter is coming, and that means it's time to refresh your bedding. This comforter set is from Kohl's exclusive Sonoma Goods For Life brand, and $50.99 is a good price for a full/queen size bed. (It's also available for king and twin beds, but the prices are different.) Choose from Stormy Blue or Ivory colors.</p><h2 data-block-key="tkzyc" id="4.-crayola-qwikflip-2-sided-easel-(dollar69.99)">4. Crayola Qwikflip 2-Sided Easel ($69.99)</h2><p data-block-key="747cu">Got any budding young artists in the family? This exclusive Kohl's item from Crayola is a versatile easel for creative-minded little ones. It includes a magnetic/dry erase surface, a chalkboard, and a painting surface, and comes with two paint pots, one eraser, and a set of 77 magnetic letters and numbers.</p><h2 data-block-key="5tq4u" id="5.-mattel-matchbox-aircraft-carrier-model-and-play-set-(dollar24.99)">5. Mattel Matchbox Aircraft Carrier Model & Play Set ($24.99)</h2><p data-block-key="4t2ou">Inspire your plane-loving kids with active, imaginative play with this expandable 20-inch aircraft carrier. This Mattel Matchbox Aircraft Carrier is only available at Kohl's, and it comes with 10 toy planes and one diecast refueling truck. And when playtime is over, the toy planes and truck can be stored safely inside the ship, where they belong! Ages three and up.</p><h2 data-block-key="b8v7q" id="6.-barbie(r)-and-ken(r)-ultimate-closet-with-handle-and-convertible-vehicle-(dollar41.24)">6. Barbie® & Ken® Ultimate Closet with Handle & Convertible Vehicle ($41.24)</h2><p data-block-key="315lf">Barbie isn't just an irreverent movie for grown-ups -- it's also still a very popular toy brand for kids. This toy set is complete with a Barbie, a Ken, a cool pink convertible, and an ultimate closet that's well-stocked with clothes for both dolls. It's everything your favorite Barbie fan needs for hours of creative, absorbing play.</p><h2 data-block-key="y0h1y" id="7.-mr.-potato-head-super-spud-set-by-hasbro-(dollar19.99)">7. Mr. Potato Head Super Spud Set by Hasbro ($19.99)</h2><p data-block-key="8m4cl">Generations of children have loved playing with Mr. Potato Head to learn about shapes, colors, and the fun puzzle of interlocking plastic pieces. Now the children in your life can carry on this tradition! This Mr. Potato Head Super Spud Set includes two regular-size potato bodies, two small potato bodies, and 45 accessory pieces of lips, mustaches, pants, arms, noses, and everything kids need to create new amalgamations of potato-people. Intended for ages two and up.</p><h2 data-block-key="3jhij" id="8.-baby-and-toddler-boy-jumping-beans(r)-3-in-1-systems-jacket-(dollar25.49)">8. Baby & Toddler Boy Jumping Beans® 3-in-1 Systems Jacket ($25.49)</h2><p data-block-key="esgdn">Children grow up so fast -- and sometimes it seems like they grow out of multiple winter coats in one year. This winter jacket from Kohl's exclusive Jumping Beans brand comes in sizes from 12 months to 5T. It's heavyweight and water resistant to keep your little person warm and dry on cold winter days. Choose from three colors: Black Ore, Green and Orange Camo, or Navy.</p><h2 data-block-key="wwnkj" id="9.-sonoma-goods-for-life(r)-acosta-sling-bag-(dollar23.80)">9. Sonoma Goods For Life® Acosta Sling Bag ($23.80)</h2><p data-block-key="17lp6">Want some easy, hands-free storage and tote space? This sling bag has a stylish strap, and it looks convincingly like leather even though it's polyurethane and polyester. From Kohl's exclusive brand, Sonoma Goods For Life, this bag can make your pockets less crowded for your next hike, shopping excursion, or day out in the city.</p><h2 data-block-key="mk6dn" id="10.-kohl's-cares-rudolph-the-red-nosed-reindeer-book-and-plush-bundle-(dollar9.00)">10. Kohl's Cares Rudolph the Red-Nosed Reindeer Book and Plush Bundle ($9.00)</h2><p data-block-key="914l5">In the spirit of the holiday season, Kohl's offers this exclusive, low-priced gift idea: a cute plush Rudolph the Red-Nosed Reindeer toy (based on the classic cartoon special) and accompanying book. 100% of the net profit from the sale of this and other Kohl's Cares items will go to support community philanthropy through the Kohl's Cares program.</p><h2 data-block-key="0w7zh" id="bottom-line">Bottom line</h2><p data-block-key="53fom">Kohl's offers a unique range of exclusive store brands that can help you save big money on everything from rugs to blankets to Mr. Potato Head toys. Along with Kohl's discounts, you can save even more money with the <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=82729107-34cf-49f5-b576-91eda36ab4a3" target="_blank">best credit cards</a>. Whether it's a <a href="https://www.fool.com/money/credit-cards/best-store-credit-card/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=82729107-34cf-49f5-b576-91eda36ab4a3" target="_blank">store credit card</a>, cash back card, or travel rewards credit card, try to maximize your rewards when shopping for the holidays.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=541c5463-6e76-415e-a6c3-080f05d4ad0b&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=82729107-34cf-49f5-b576-91eda36ab4a3" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=541c5463-6e76-415e-a6c3-080f05d4ad0b&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=82729107-34cf-49f5-b576-91eda36ab4a3" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Tue, 26 Nov 2024 05:00:25 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/10-fantastic-products-youll-only-find-at-kohls/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=82729107-34cf-49f5-b576-91eda36ab4a3</guid><category domain="https://www.fool.com/guid">82729107-34cf-49f5-b576-91eda36ab4a3</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Ben Gran)</author></item><item><title>Here's When It Pays to Join Both Costco and Sam's Club</title><link>https://www.fool.com/money/personal-finance/articles/heres-when-it-pays-to-join-both-costco-and-sams-club/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=34f5f1e7-2d8e-4e34-810e-253a3145b318</link><content:encoded><br/> <div class="image"><img alt="A red shopping cart against a yellow background" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2F42_KiBbb6c.width-793.png%3Fwidth%3D793&w=700"/><p class="caption">Image source: Upsplash/The Motley Fool</p></div> <p data-block-key="2srm1">The point of joining a warehouse club is to save money on everyday essentials, like groceries and cleaning supplies. But since warehouse club memberships aren't free, most people would probably be inclined to only pay for one at a time.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0f8ca76d-1f8e-4554-a24f-a6a826412e78&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=34f5f1e7-2d8e-4e34-810e-253a3145b318" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0f8ca76d-1f8e-4554-a24f-a6a826412e78&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=34f5f1e7-2d8e-4e34-810e-253a3145b318" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p data-block-key="sbd1">If you have access to Costco and Sam's Club, you might assume that you should pick one over the other. And if cost is your primary factor, Sam's Club wins in that regard.</p><p data-block-key="dvv2c">Both Costco and Sam's Club offer a basic membership and a higher-cost membership that gives you <a href="https://www.fool.com/money/personal-finance/best-cash-back-apps/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=34f5f1e7-2d8e-4e34-810e-253a3145b318" target="_blank">cash back</a> on your purchases. At Costco, a basic Gold Star membership costs $65 a year, while an Executive membership costs $130. At Sam's Club, a basic membership is $50 a year, while a Plus membership costs $110.</p><p data-block-key="8mrna">But there are also some differences between Costco and Sam's Club, like the inventory they carry and the other benefits they offer. So in some cases, it could pay to join both at the same time. Here are a few scenarios where having more than one warehouse club membership makes sense.</p><h2 data-block-key="jzs9d" id="1.-when-one-is-more-convenient-but-the-other-stocks-an-essential-item-you-need">1. When one is more convenient but the other stocks an essential item you need</h2><p data-block-key="b2oh8">Convenience should be a big factor in deciding which warehouse club store to frequent. It pays to buy groceries at Costco or Sam's Club for the bulk discounts. And it also pays to fill up your car at Costco or Sam's Club for the cheap gas (and Costco's happens to be TOP TIER™-certified, as a bonus).</p><p data-block-key="7g9rh">But since groceries and gas are expenses you cover every week, you need easy access to those purchases. So let's say the closest Sam's Club is seven minutes away, but Costco is a 25-minute drive. Clearly, Sam's club wins on convenience.</p><p data-block-key="sn63">But it may be that only Costco stocks the infant formula you use in bulk, or the pet food your dog enjoys. In that case, it could pay to maintain both memberships so you get easy access to gas and groceries, but also get access to savings on a few specific products you buy all the time.</p><p data-block-key="3k2i">Remember, you can join Costco at the basic level for only $65. Even if you only buy the same two products there, if that saves you $10 a month, then in the course of a year, you're paying $120 less for those items. When you subtract the $65 membership fee, you're still ahead by $55.</p><p data-block-key="20beg"><b>And you can also eke out savings at Costco by using the right credit card when you shop there.</b> <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=34f5f1e7-2d8e-4e34-810e-253a3145b318" target="_blank"><b>Click here for a list of the best credit cards for Costco purchases</b></a><b>.</b></p><h2 data-block-key="uiylk" id="2.-when-one-store-is-located-near-your-office-and-the-other-is-closer-to-where-you-live">2. When one store is located near your office and the other is closer to where you live</h2><p data-block-key="em95">Some people prefer to run errands on weekends, when they don't have to juggle with work-related deadlines. Other people like to get their errands done on the way home from work.</p><p data-block-key="cvjri">If you fall into both camps, then it could pay to join both Costco and Sam's Club if one store is close to your office and the other is a quick drive from your home. This gives you the option to shop at your convenience without feeling as if you have to go out of your way when it doesn't work for you.</p><h2 data-block-key="svl5p" id="3.-when-one-is-your-go-to-option-but-the-other-has-one-time-deals-you-want-to-capitalize-on">3. When one is your go-to option but the other has one-time deals you want to capitalize on</h2><p data-block-key="fajni">It may be that Sam's Club is your most convenient shopping option due to its location and hours. But you may find that Costco has better one-off deals you want to enjoy.</p><p data-block-key="cill8">In that situation, joining both warehouse clubs could make sense. Even if you only make a single purchase at the one you shop at rarely, it may be that you're able to save $100 or more on a specific laptop, TV, or other item for your home. As long as you're saving more than the cost of your membership, joining makes sense.</p><p data-block-key="577gq">And also, you never know what deals one warehouse club store might offer in the future that the other doesn't. So if you can afford to pay for both Costco and Sam's Club at the same time, you'll be giving yourself more options. However, in that case, you probably want to stick with a basic membership for the store that isn't your go-to.</p><p data-block-key="dqlc6">It takes $3,250 in annual Costco spending and $3,000 in annual Sam's Club spending to recoup the cost of an upgraded membership. If you're only joining for one-off purchases, you may not hit these thresholds.</p><p data-block-key="81p2c">It doesn't always pay to spend money on warehouse club access to two different chains. But under the right circumstances, it's not a bad idea to have a Costco and Sam's Club membership at the same time.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=35bf5853-ec40-4cac-b3d9-94789404558c&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=34f5f1e7-2d8e-4e34-810e-253a3145b318" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=35bf5853-ec40-4cac-b3d9-94789404558c&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=34f5f1e7-2d8e-4e34-810e-253a3145b318" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/14582/">Maurie Backman</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 11:00:24 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/heres-when-it-pays-to-join-both-costco-and-sams-club/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=34f5f1e7-2d8e-4e34-810e-253a3145b318</guid><category domain="https://www.fool.com/guid">34f5f1e7-2d8e-4e34-810e-253a3145b318</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>Forget Falling Interest Rates. Here's What You Really Need to Save Money on Your Next Loan</title><link>https://www.fool.com/money/credit-cards/articles/forget-falling-interest-rates-heres-what-you-really-need-to-save-money-on-your-next-loan/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=77a5fdb2-daf1-430a-9f44-6b4f791cd476</link><content:encoded><br/> <div class="image"><img alt="A smiling woman signing documents while sitting at a table with her husband and their realtor." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fwoman_signing_documents.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="kxna3">When the Federal Reserve made its first interest rate cut in September 2024, it didn't come as a surprise. The central bank was expected to cut rates in response to slowing inflation.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=7c40be69-5d15-4ddf-b125-518273e41386&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=77a5fdb2-daf1-430a-9f44-6b4f791cd476" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=7c40be69-5d15-4ddf-b125-518273e41386&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=77a5fdb2-daf1-430a-9f44-6b4f791cd476" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="aeb19">The Fed then followed up its September rate cut with another one in November. And in the course of the next year, we could see a string of interest rate cuts if inflation keeps trending in the right direction.</p><p data-block-key="4g4mn">Interest rate cuts are good for borrowers because they commonly lead to lower loan rates. It's not that the Fed sets loan rates itself. Rather, when the Fed's benchmark interest rate falls, consumer rates tend to follow suit. So come next year, you may find that it's cheaper to <a href="https://www.fool.com/money/mortgages/best-mortgage-lenders/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=77a5fdb2-daf1-430a-9f44-6b4f791cd476" target="_blank">sign a mortgage</a>, finance a car purchase, or take out a personal loan.</p><p data-block-key="cm5e0">But while falling interest rates might help make your next loan cheaper, that's not the only factor that will determine how much you pay to borrow. There's an equally important factor that could lead to huge savings if you play your cards right.</p><h2 data-block-key="v8min" id="focus-on-your-credit-score">Focus on your credit score</h2><p data-block-key="6pi5h">Your credit score is a measure of how trustworthy you are as a borrower. A higher score tells lenders you have a history of paying bills on time, while a lower score might lead a lender to believe you may not end up repaying your loan on schedule. Because of this, a higher credit score will generally lead to a more favorable interest rate on a loan, while a lower score will lead to a higher rate to offset a lender's risk.</p><p data-block-key="2qrhg">It pays to do what you can to boost your credit score if you're thinking about signing a loan in the near future. And there are several ways you can go about that.</p><p data-block-key="8vca1">First, pay all bills on time. Your payment history carries more weight than any other factor in calculating your credit score.</p><p data-block-key="evr1k">Next, work on reducing balances on your credit cards. The less of a total balance you have relative to your credit limit across your various cards, the more it can help your score.</p><p data-block-key="as8jj">If you're juggling multiple balances, one thing that might help is to consolidate them onto a single credit card with a balance transfer. Many balance transfers also give you a 0% introductory interest rate, which can be helpful in getting ahead of your debt because you can focus on paying down your principal. <a href="https://www.fool.com/money/credit-cards/best-balance-transfer-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=77a5fdb2-daf1-430a-9f44-6b4f791cd476" target="_blank"><b>Click here for a list of the best balance transfer credit cards</b></a>.</p><p data-block-key="bdddp">Finally, review your credit report for errors. Specifically, pull a free copy of your credit report from each reporting bureau, since they may not all have the same information. The three bureaus to check are Experian, Equifax, and TransUnion. You can get a copy of your report from each bureau for free once weekly on annualcreditreport.com.</p><h2 data-block-key="8bzyn" id="shop-around-for-the-best-interest-rate">Shop around for the best interest rate</h2><p data-block-key="42fpb">Any time you're signing a loan, it's important to shop around for a great rate. You should do that whether you're seeking a mortgage, auto loan, or some other loan.</p><p data-block-key="cbk0f">But know that the best way to take advantage of falling interest rates is to go in with the strongest credit score possible. If you're able to boost your score, it could lead to a world of savings the next time you borrow money.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=186dcb11-eeea-40db-8976-f53b8d987bc9&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=77a5fdb2-daf1-430a-9f44-6b4f791cd476" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=186dcb11-eeea-40db-8976-f53b8d987bc9&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=77a5fdb2-daf1-430a-9f44-6b4f791cd476" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 10:00:27 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/forget-falling-interest-rates-heres-what-you-really-need-to-save-money-on-your-next-loan/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=77a5fdb2-daf1-430a-9f44-6b4f791cd476</guid><category domain="https://www.fool.com/guid">77a5fdb2-daf1-430a-9f44-6b4f791cd476</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>4 Perfect Costco Gifts for the Person Who Has Everything</title><link>https://www.fool.com/money/personal-finance/articles/4-perfect-costco-gifts-for-the-person-who-has-everything/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=31cfcf0c-6b0e-4c83-abf2-72c0a8d7e4f5</link><content:encoded><br/> <div class="image"><img alt="Female gives friend wrapped gift in an office setting." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FFemale_gives_friend_wrapped_gift_in_an_office_.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="y5vne">We all have at least one person on our list who already owns everything they need. Even though we want to show that we care, it can be difficult to decide what gift to buy them during the holiday season. You may be overthinking it! Costco sells winning gifts for people of all ages -- even for the people who have everything.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=c36aae26-658b-40b6-8320-56a417a72ccc&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=31cfcf0c-6b0e-4c83-abf2-72c0a8d7e4f5" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=c36aae26-658b-40b6-8320-56a417a72ccc&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=31cfcf0c-6b0e-4c83-abf2-72c0a8d7e4f5" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="e74e9">Ready to go shopping? Here are a few gift ideas that everyone on your list will surely be glad to receive.</p><h2 data-block-key="clf6s" id="1.-dollar50-cinemark-theatres-gift-card-for-dollar39.99">1. $50 Cinemark Theatres gift card for $39.99</h2><p data-block-key="86php">I don't know about you, but most people I know enjoy watching movies. And new movies are constantly hitting theaters. Why not give a $50 Cinemark Theatres gift card? You can scoop one up at Costco for $39.99.</p><p data-block-key="ddghp">These gift cards can be used to pay for movie tickets, merchandise, food, and drinks. This present gives your loved one some control over how they spend their gift card, and an experience-based gift like this will be appreciated.</p><h2 data-block-key="kp0sq" id="2.-50-inch-by-60-inch-berkshire-life-heated-throw-for-dollar34.99">2. 50-inch by 60-inch Berkshire Life Heated Throw for $34.99</h2><p data-block-key="dgqc2">You can't go wrong with blankets. I have several at home, and I'm always happy to receive another one. Costco sells various blankets in-club and online. But here is one that you may want to consider for anyone you're struggling to choose a gift for this season.</p><p data-block-key="41qjb">Costco sells a 50-inch by 60-inch Berkshire Life Heated Throw for $34.99. This well-rated heated blanket is available in various colors. It has four heat settings and an auto-shutoff feature. Considering these blankets are currently on sale for $77 directly through Berkshire Life, this is a steal of a deal for a great present that is ideal for the cold winter months.</p><p data-block-key="e2av2">Want to earn cash back on your next Costco haul? The right credit card can help. <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=31cfcf0c-6b0e-4c83-abf2-72c0a8d7e4f5" target="_blank"><b>Check out our list of the top credit cards that offer big rewards at Costco</b></a><b>.</b></p><h2 data-block-key="4u1kn" id="3.-four-pack-of-apple-airtags-for-dollar79.99">3. Four-pack of Apple AirTags for $79.99</h2><p data-block-key="8b43i">Here's something that most people would get good use from -- Apple AirTags! You can pick up a four-pack of these popular tracking devices for $79.99 at Costco. Apple sells this same four-pack for $99.99 -- so Costco can save you $20. These are useful to have and it would make for a unique gift for anyone on your list.</p><h2 data-block-key="46u6a" id="4.-a-costco-membership-for-dollar65-to-dollar130">4. A Costco membership for $65 to $130</h2><p data-block-key="7u6op">Why not share your love of Costco with someone who isn't already a member? You can help your loved one keep more money in their <a href="https://www.fool.com/money/banks/checking-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=31cfcf0c-6b0e-4c83-abf2-72c0a8d7e4f5" target="_blank">checking account</a> by giving them exclusive access to Costco's members-only deals.</p><p data-block-key="2r36s">You can purchase a Costco membership and gift it to a friend or family member. You can buy a Gold Star membership for $65 at Costco.com. Another option is to purchase an Executive membership for $130. You can also buy memberships for others at your local club.</p><p data-block-key="2cb70">The biggest difference between these memberships is that Executive members can earn 2% rewards back on eligible Costco purchases, up to a maximum of $1,250 in rewards each year.</p><p data-block-key="bcqa1">To buy a membership online, look for the Gift of Gold Star Membership at Costco.com. Want to give an Executive membership? Place two Gift of Gold Star memberships in your cart. Costco will mail a physical gift of membership card to the address of your choosing.</p><h2 data-block-key="1crcw" id="it's-the-thought-that-counts">It's the thought that counts</h2><p data-block-key="7voim">Always remember it's the thought that counts. Taking time out of your day and putting in the effort to get a gift for a friend or family member is a kind gesture. Don't feel stressed about choosing the perfect gift -- and don't overspend. Any gift, even a homemade one, is generous.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=b8635739-b09e-4136-b5d8-ebc195c364ce&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=31cfcf0c-6b0e-4c83-abf2-72c0a8d7e4f5" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=b8635739-b09e-4136-b5d8-ebc195c364ce&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=31cfcf0c-6b0e-4c83-abf2-72c0a8d7e4f5" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/20360/">Natasha Gabrielle</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Costco Wholesale. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 09:30:12 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/4-perfect-costco-gifts-for-the-person-who-has-everything/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=31cfcf0c-6b0e-4c83-abf2-72c0a8d7e4f5</guid><category domain="https://www.fool.com/guid">31cfcf0c-6b0e-4c83-abf2-72c0a8d7e4f5</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Natasha Gabrielle)</author></item><item><title>Smart Investors Are Avoiding 12-Month CDs, Even With Rates at 5%. Here's Why</title><link>https://www.fool.com/money/banks/articles/smart-investors-are-avoiding-12-month-cds-even-with-rates-at-5-heres-why/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=518dfed1-5d2b-491e-ba46-f0e4a14fb954</link><content:encoded><br/> <div class="image"><img alt="Two men in thought looking at a laptop screen together." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FTwo_men_in_thought_looking_at_laptop_screen_1K.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="515kw">When choosing a bank account like a <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=518dfed1-5d2b-491e-ba46-f0e4a14fb954" target="_blank">savings account</a> or a certificate of deposit (CD), most people head straight for the highest interest rate they can find. It's not difficult to follow their logic: Higher interest rates often lead to more money for you.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=ebcd45df-7867-4f29-8ce5-76d40ad1d16d&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=518dfed1-5d2b-491e-ba46-f0e4a14fb954" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=ebcd45df-7867-4f29-8ce5-76d40ad1d16d&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=518dfed1-5d2b-491e-ba46-f0e4a14fb954" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="369c3">But it's not always that simple, especially when you're talking about CDs, which require you to lock your money away for months or even years. The best investors know that. That's why they're staying away from short-term CDs, even though they promise the highest interest rates right now. Here's why and where you should put your money instead.</p><h2 data-block-key="4fqwo" id="interest-rates-aren't-the-only-important-factor">Interest rates aren't the only important factor</h2><p data-block-key="686p7">How much you earn in interest depends on the interest rate <i>and</i> how long you invest your money for. Say you have a choice between a 6-month CD or a 12-month CD, both with 5.00% APYs. If you invest $10,000, you'd earn about $247 with the 6-month CD and $500 with the 12-month CD. No big surprises there: If you invest your money for longer, you'll get a larger return.</p><p data-block-key="c63t8">However, you also have to tie your money up for longer. That's why most banks typically offer higher rates on long-term CDs to incentivize customers to pick a longer term. That's not the case lately, though. High inflation has driven up short-term CD rates faster than long-term CD rates, and that's left some people scratching their heads about where to invest.</p><p data-block-key="1bkrv">The answer lies in what we expect CD rates to do going forward. With inflation cooling, they're beginning to decline. That means future CDs will likely pay less interest. If you hope to invest for a few years, locking in a short-term CD right now could hurt you in the long run.</p><p data-block-key="216k3">For example, say you have $10,000 you want to keep in CDs for three years. You're deciding between three 1-year CDs and one 3-year CD. The 1-year CD offers a 5.00% APY right now while the 3-year CD only offers a 4.00% APY. But when you open your second 1-year CD, the rate has dropped to 3.50%. And by the time you open your third, it's down to 2.00% APY. The table below illustrates how much your balance would be at the end of each year with each option:</p><div class="ta_table-wrap"><table class="ta_table"><thead><tr><th>Year (1-Year CD Rate/3-Year CD Rate)</th><th>Three 1-Year CDs</th><th>One 3-Year CD</th></tr></thead><tbody><tr><td>Year 1 (5.00%/4.00%)</td><td>$10,500</td><td>$10,400</td></tr><tr><td>Year 2 (3.50%/4.00%)</td><td>$10,868</td><td>$10,816</td></tr><tr><td>Year 3 (2.00%/4.00%)</td><td>$11,085</td><td>$11,249</td></tr></tbody></table></div><div class="caption pt--0 c--sec-drkr">Data source: Author's calculations. All amounts rounded to the nearest dollar.</div><p data-block-key="2wv2b">By locking in a high rate for a longer period, you come out ahead compared to three short-term CDs, even though the initial 1-year CD has a higher APY. In our example, the difference is pretty small. But if you invested a larger sum or over a longer time period, the single long-term CD would come out ahead by a larger margin.</p><h2 data-block-key="ar0e1" id="where-to-keep-your-money-instead">Where to keep your money instead</h2><p data-block-key="d5jgh">The best place for your money right now depends on the level of risk you're comfortable taking and when you plan to use it. If you're determined to invest in CDs, medium to long terms are better bets than short terms as long as you're comfortable giving up access to your money for that amount of time. <a href="https://www.fool.com/money/banks/cds/best-cd-rates/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=518dfed1-5d2b-491e-ba46-f0e4a14fb954" target="_blank"><b>Check out this curated list of some of the best CDs our experts recommend now</b></a><b>.</b></p><p data-block-key="a66d6">But CDs could be too risky or too conservative in some situations. It's too risky for your emergency fund or savings you plan to spend before the CD term is up. You need a high-yield savings account for that. <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=518dfed1-5d2b-491e-ba46-f0e4a14fb954" target="_blank"><b>We have a list for that too.</b> <b>Click here to check out the top high-yield savings accounts paying 4.00% APY (or higher) right now</b></a><b>.</b></p><p data-block-key="6sbrg">On the other hand, if you're investing over a long time horizon -- seven or more years from now -- you're much better off investing your money in the stock market if you're comfortable doing so. There's a risk of loss associated with this, but you could also gain far more than you could with even the best CD rates.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=07374dbb-419b-477d-a08d-ecd1303378e5&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=518dfed1-5d2b-491e-ba46-f0e4a14fb954" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=07374dbb-419b-477d-a08d-ecd1303378e5&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=518dfed1-5d2b-491e-ba46-f0e4a14fb954" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 09:15:11 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/banks/articles/smart-investors-are-avoiding-12-month-cds-even-with-rates-at-5-heres-why/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=518dfed1-5d2b-491e-ba46-f0e4a14fb954</guid><category domain="https://www.fool.com/guid">518dfed1-5d2b-491e-ba46-f0e4a14fb954</category><category domain="https://www.fool.com/topic">banks</category><author>newsfeedback@fool.com (Kailey Hagen)</author></item><item><title>Never Buy This Product at Costco</title><link>https://www.fool.com/money/personal-finance/articles/never-buy-this-product-at-costco/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c5e574fb-8053-4c24-8338-8a0226d0bed7</link><content:encoded><br/> <div class="image"><img alt="A person on an exercise bike in their living room at home." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fperson_on_exercise_bike_at_home_kRawtlc.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="b9ild">Costco: the land of bulk bargains and the occasional impulse buy that leaves you questioning your life choices. Need a 10-pound tub of peanut butter? Costco has you covered. A 64-pack of toothbrushes? Sure, why not? But as for my <a href="https://www.fool.com/money/credit-cards/landing/chase-freedom-unlimited-review-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c5e574fb-8053-4c24-8338-8a0226d0bed7" target="_blank">top strategy for saving money at Costco</a>, I'd avoid certain high-ticket items, like the Peloton Bike+. Here's why.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=3fa0cd17-e271-4f61-868c-8be3af49dc06&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c5e574fb-8053-4c24-8338-8a0226d0bed7" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=3fa0cd17-e271-4f61-868c-8be3af49dc06&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c5e574fb-8053-4c24-8338-8a0226d0bed7" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><h2 data-block-key="mp61d" id="buying-through-costco-vs.-direct">Buying through Costco vs. direct</h2><p data-block-key="f3pev">At first glance, snagging the Peloton Bike+ at Costco for $2,199 seems like a steal. This package includes a 23.8" Full HD rotating touchscreen, auto resistance, a compact 4' x 2' footprint, and a 48-month protection plan. Sounds like a dream deal, right? But hold on to your handlebars -- there's more to this story.</p><p data-block-key="90kuv">If you head straight to Peloton's website, you'll find the Bike+ Starter Package priced at $1,995. Not only is this $204 less than Costco's offering, but it also comes with a bundle of goodies to enhance your cycling experience:</p><ul><li data-block-key="dlheh"><b>Cycling shoes:</b> These shoes are designed to provide support and come with Delta-compatible cleats required by the Bike & Bike+ pedals. If you fall between sizes or have a wider foot, Peloton recommends sizing up.</li><li data-block-key="b1vgt"><b>Bike mat:</b> A protective and durable mat that fits under your Bike to improve stability, reduce noise, and protect your floors from the inevitable sweat puddles.</li><li data-block-key="elmg1"><b>Light weights (one set):</b> These non-slip, cast-iron weights, ranging from 1lb to 3lbs pounds, are perfect for toning during cycling, barre, and cardio classes.</li><li data-block-key="2td28"><b>Peloton x Camelbak water bottle:</b> Stay hydrated with this easy-squeeze, non-drip design bottle. It's BPA free and features TruTaste™ technology to ensure your water tastes like water.</li></ul><p data-block-key="ehusm">Let's do some quick math. By purchasing directly from Peloton, you save $204 upfront. Plus, you receive accessories that would cost you extra if bought separately. Cycling shoes alone can set you back around $125, and a quality bike mat can cost $60 or more, not to mention the weights and water bottle, which add additional value.</p><h2 data-block-key="ruwon" id="consider-the-warranty">Consider the warranty</h2><p data-block-key="5jr9o">Costco's package includes a 48-month protection plan, which is impressive. However, Peloton offers its own extended warranty options. You can purchase a 48-month extended warranty for $249, bringing your total coverage to 60 months when combined with the standard 12-month warranty.</p><p data-block-key="ef9r2">Even with this addition, your total cost is $2,244 -- just $45 more than Costco's price, but with all the extra accessories included.</p><h2 data-block-key="w8swm" id="you-still-need-a-membership">You still need a membership</h2><p data-block-key="3omd5">Regardless of where you purchase, the Peloton All-Access Membership is sold separately at $44 per month. This membership grants you access to live and on-demand classes, performance tracking, and the ability to create profiles for everyone in your household.</p><p data-block-key="5dme2"><b>While Costco is a haven for bulk bargains, if you want a Peloton Bike+, buying directly from Peloton offers more bang for your buck.</b> You get a lower price, essential accessories, professional assembly, and flexible warranty options.</p><p data-block-key="4o9a">So, before you toss that Peloton box onto your Costco cart, consider whether the convenience and added value of purchasing directly from Peloton might be the better ride for you.</p><h2 data-block-key="2xd0l" id="the-best-credit-cards-for-costco-(and-everything-else!)">The best credit cards for Costco (and everything else!)</h2><p data-block-key="f55kk"><b>If you're after a card that delivers big rewards wherever you shop, including Costco,</b> <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c5e574fb-8053-4c24-8338-8a0226d0bed7" target="_blank"><b>click here for a list of the top picks for all your Costco spending</b></a><b>.</b> There are some top picks offering welcome bonuses and excellent cash back bonus categories to maximize your dollars spent.</p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=8d4cacca-06b6-44ce-bc22-c4316f7dd626&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c5e574fb-8053-4c24-8338-8a0226d0bed7" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=8d4cacca-06b6-44ce-bc22-c4316f7dd626&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c5e574fb-8053-4c24-8338-8a0226d0bed7" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 09:00:13 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/never-buy-this-product-at-costco/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=c5e574fb-8053-4c24-8338-8a0226d0bed7</guid><category domain="https://www.fool.com/guid">c5e574fb-8053-4c24-8338-8a0226d0bed7</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Jordi Lippe)</author></item><item><title>Shop Around: Average Americans Pay Over $1,700 Annually on Car Insurance</title><link>https://www.fool.com/money/insurance/auto/articles/shop-around-average-americans-pay-over-1700-annually-on-car-insurance/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8e36d4c3-69e2-4b11-a220-dd6a1a3b3576</link><content:encoded><br/> <div class="image"><img alt="Man on the phone doing paperwork at home" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FGettyImages-1196980264_K3vqKMF.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="2n18f">I've been writing about car insurance for over a decade, and during that time, I've gotten over 1,000 quotes from every major insurer and a few you've probably never heard of. If there's one thing I've learned, it's that "shop around" isn't just a saying -- it's the single most effective way to reduce your car insurance premiums.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=23d545f8-7315-46a4-a423-e95b6bcef9d2&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8e36d4c3-69e2-4b11-a220-dd6a1a3b3576" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=23d545f8-7315-46a4-a423-e95b6bcef9d2&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8e36d4c3-69e2-4b11-a220-dd6a1a3b3576" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="a3kj9">It's more important than ever with the average American spending $1,775 annually on car insurance, according to Motley Fool Money's research on the cost of car ownership. <b>Ideally, you should</b> <a href="https://www.fool.com/money/insurance/auto/best-car-insurance-companies/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8e36d4c3-69e2-4b11-a220-dd6a1a3b3576" target="_blank"><b>compare rates -- click here for our top car insurance companies to find your best offer</b></a><b>.</b> But there are a few important things to know before you start getting quotes.</p><h2 data-block-key="kn2ye" id="there's-one-factor-more-important-than-price">There's one factor more important than price</h2><p data-block-key="7d9l2">I know there are some who would argue that nothing matters more than price when choosing a car insurance provider. But let me ask you this: What happens if you pay for all your premiums but your insurer doesn't have the money to pay your claim when the time comes? That's why the insurer's financial strength should be the first thing you focus on.</p><p data-block-key="ahgs2">It's not something you really have to worry about with large, nationwide insurers, but you probably should check the financial strength of smaller insurers before getting quotes from them. You can do this by looking up the company's ratings with organizations like AM Best or Standard & Poor's. An internet search for the company name and "financial strength ratings" may get you what you need.</p><p data-block-key="34ftt">Every company has its own rating system. AM Best's highest rating is A++, while for Standard & Poor's it's AAA. Generally, if you see any sort of A, you're in good shape. If you see a B or lower, you may want to remove that company from your list of contenders.</p><h2 data-block-key="a2axh" id="consider-price-alongside-other-key-factors">Consider price alongside other key factors</h2><p data-block-key="85ahk">For those of you on a tight budget, a low price will probably come second only to the company's financial strength. <a href="https://www.fool.com/money/insurance/auto/best-cheap-car-insurance/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8e36d4c3-69e2-4b11-a220-dd6a1a3b3576" target="_blank"><b>Save yourself some time by starting with our best cheap car insurance providers list</b></a><b>.</b></p><p data-block-key="6en6u">If you can afford to purchase more than bare-minimum coverage, though, you'll want to consider available coverage and customer service alongside premium costs. And you may want to prioritize these other factors first to narrow down the list of companies you get quotes from.</p><p data-block-key="ek71a">Evaluating coverage first is important if you have special requirements. For example, if you drive for a ride-hailing company, you must choose a company that offers a ride-hailing endorsement or you won't be fully protected while you're working. Make a list of these non-negotiables and check which companies offer them. Eliminate any that don't from your list.</p><p data-block-key="j4hh">Next, research their customer service by checking out rankings from J.D. Power and online reviews. You don't have to eliminate companies with below-average reviews from your list. But if that company's premium is only a few dollars cheaper than a company with better reviews, it's probably worth paying more for better service.</p><p data-block-key="1d2l9">You may want to evaluate companies based on their available discounts as well, but be careful with this. More discounts don't always translate to a better rate. You may want to explore a company with more discounts or specialized discounts that apply to your situation first. But don't rule out companies with only a few, generic discounts.</p><h2 data-block-key="xg814" id="how-to-lower-your-premiums-with-all-car-insurance-companies">How to lower your premiums with all car insurance companies</h2><p data-block-key="8fbmb">After you get initial quotes, you have one final opportunity to lower your premiums and that's by adjusting your coverage limits and deductibles. Opting for lower liability coverage limits with few extras will save you money on premiums, but you're also assuming more of the risk. That means bigger out-of-pocket costs when filing a claim.</p><p data-block-key="124n5">Raising your deductible will also lower your car insurance premiums, possibly by 40% or more. This depends on your insurer and how much you raise the deductible, but it should make a substantial difference with most companies.</p><p data-block-key="du2v8">Again, this will increase your out-of-pocket costs in an accident, but you may be able to save for this in an emergency fund beforehand. <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8e36d4c3-69e2-4b11-a220-dd6a1a3b3576" target="_blank"><b>Consider stashing your emergency fund in one of our favorite high-yield savings accounts for an APY of around 4%</b></a><b>.</b></p><p data-block-key="ailoe">Once you've settled on your final coverage limits and deductibles, compare your quotes from all the insurers you looked at to see which one offers the best deal. And remember that might not always be the same as the one with the lowest price.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=fd2eef0a-9ff8-483d-8b27-60b3e4bc65b2&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8e36d4c3-69e2-4b11-a220-dd6a1a3b3576" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=fd2eef0a-9ff8-483d-8b27-60b3e4bc65b2&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=8e36d4c3-69e2-4b11-a220-dd6a1a3b3576" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/Legal/fool-disclosure-policy.aspx">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 08:30:10 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/insurance/auto/articles/shop-around-average-americans-pay-over-1700-annually-on-car-insurance/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=8e36d4c3-69e2-4b11-a220-dd6a1a3b3576</guid><category domain="https://www.fool.com/guid">8e36d4c3-69e2-4b11-a220-dd6a1a3b3576</category><category domain="https://www.fool.com/topic">insurance-auto</category><author>newsfeedback@fool.com (Kailey Hagen)</author></item><item><title>3 Surprising Consequences of Canceling Your Costco Membership</title><link>https://www.fool.com/money/personal-finance/articles/3-surprising-consequences-of-canceling-your-costco-membership/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=18e5d840-e007-4fd2-b4ea-476e75ec72b2</link><content:encoded><br/> <div class="image"><img alt="A brown reusable shopping bag against a green background" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2F49_ezXVwbv.width-793.png%3Fwidth%3D793&w=700"/><p class="caption">Image source: Upsplash/The Motley Fool</p></div> <p data-block-key="h709x">A basic Gold Star Costco membership costs $65 a year. If you want <a href="https://www.fool.com/money/personal-finance/best-cash-back-apps/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=18e5d840-e007-4fd2-b4ea-476e75ec72b2" target="_blank">cash back</a> on your Costco purchases, you can upgrade to an Executive membership at a cost of $130 a year.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=e6dd55cf-4341-479d-a9ee-6f73241450ea&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=18e5d840-e007-4fd2-b4ea-476e75ec72b2" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=e6dd55cf-4341-479d-a9ee-6f73241450ea&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=18e5d840-e007-4fd2-b4ea-476e75ec72b2" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="404sq">But no matter which membership you have, you may be thinking of canceling if you haven't been using it as often as expected. Before you do, though, consider these consequences you might face.</p><h2 data-block-key="5x5p6" id="1.-you-may-not-be-able-to-renew-right-away">1. You may not be able to renew right away</h2><p data-block-key="aocgl">The nice thing about Costco is that it guarantees 100% satisfaction with its memberships. This means you can cancel yours at any time for a full refund.</p><p data-block-key="fr9nu">But if you cancel your Costco membership, there may be a waiting period until you're able to sign up again. This is because Costco doesn't want people to abuse its generous policy on refunds.</p><p data-block-key="e81bd">Think about it this way: Based on Costco's policy, you could technically buy a membership, use it for 364 days, cancel right before the one-year mark, get your money back, and then repeat that process again and again. So Costco states that it has the right to refuse a membership to any customer.</p><p data-block-key="cbs1g">If you cancel your Costco membership a month after renewing it, and you then try to sign back up four months later, you probably won't have a problem. But if you're canceling pretty late in your membership period, don't be surprised if you're forced to wait longer than you want to sign up again.</p><h2 data-block-key="93mza" id="2.-you'll-lose-food-court-access">2. You'll lose food court access</h2><p data-block-key="3qgg1">Costco's food courts are loaded with great deals, including the famous $1.50 hot dog and soda combo. But if you cancel your Costco membership, you won't be able to dine at the store's food court.</p><p data-block-key="bgpdn">It used to be that Costco's food courts were open to anyone. Now, they're member-only. And you may not realize how much you miss those cheap Costco lunches until they're off the table.</p><h2 data-block-key="1xp3x" id="3.-you'll-pay-more-for-online-orders">3. You'll pay more for online orders</h2><p data-block-key="9s52p">You don't need a Costco membership to order from its website. But as a non-member, you'll have to pay a 5% surcharge for every order you place.</p><p data-block-key="3u9bs">If you order more than $1,300 worth of products in a year, you'll lose out financially, because in that case, you're facing more than $65 in surcharges. But it only costs $65 to keep Costco's Gold Star membership.</p><p data-block-key="ft534">Plus, certain Costco.com items are member-only. Even if you're willing to pay more, they won't be available to you. You won't even be able to see what they cost.</p><p data-block-key="4d4j1">You don't want to throw your money away at Costco, so if you haven't been going there as frequently, it's easy to see why you'd be thinking of canceling your membership. But before you cancel, think about the benefits you'd be giving up.</p><p data-block-key="6ko5l">And if you have an Executive membership, rather than canceling outright, try downgrading to a basic membership. If you use the right credit card, you can still rack up cash back on your Costco purchases. <a href="https://www.fool.com/money/credit-cards/best-credit-cards-for-costco/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=18e5d840-e007-4fd2-b4ea-476e75ec72b2" target="_blank"><b>Click here for a list of the best credit cards for Costco</b></a><b> so you can enjoy extra rewards, no matter what membership you have.</b></p><h2>Top credit card to use at Costco (and everywhere else!)</h2> <p>We love versatile credit cards that offer huge rewards everywhere, including Costco! <a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=43b5625e-9a79-45c2-bd8c-e7dad35f56a0&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=18e5d840-e007-4fd2-b4ea-476e75ec72b2" rel="nofollow" target="_blank">This card</a> is a standout among America's favorite credit cards because it offers perhaps the easiest $200 cash bonus you could ever earn and an unlimited 2% cash rewards on purchases, even when you shop at Costco.<br/> <br/>Add on the competitive 0% interest period and it's no wonder we awarded this card Best No Annual Fee Credit Card.</p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=43b5625e-9a79-45c2-bd8c-e7dad35f56a0&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fwells-fargo-active-cash-card-review%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D16381%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=18e5d840-e007-4fd2-b4ea-476e75ec72b2" rel="nofollow" target="_blank">Click here to read our full review for free</a> and apply before the $200 welcome bonus offer ends!</strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/14582/">Maurie Backman</a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 08:15:15 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/3-surprising-consequences-of-canceling-your-costco-membership/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=18e5d840-e007-4fd2-b4ea-476e75ec72b2</guid><category domain="https://www.fool.com/guid">18e5d840-e007-4fd2-b4ea-476e75ec72b2</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>I'm 40 With No Retirement Savings. What's My Next Move?</title><link>https://www.fool.com/money/buying-stocks/articles/im-40-with-no-retirement-savings-whats-my-next-move/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=444cab92-cd0e-405d-b164-3e53f0eb8dc4</link><content:encoded><br/> <div class="image"><img alt="Mature man looking at his laptop with concern on his face." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FMature_man_with_tablet_and_laptop_appearing_wo.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="bjlle">You're not necessarily expected to be focused on retirement at age 40. At that point, you may be grappling with <a href="https://www.fool.com/money/mortgages/best-mortgage-lenders/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=444cab92-cd0e-405d-b164-3e53f0eb8dc4" target="_blank">mortgage</a> payments, summer camp bills for your kids, and a host of other near-term expenses.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2e164cca-df05-4a91-9cfd-6d83ea0f62ad&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=444cab92-cd0e-405d-b164-3e53f0eb8dc4" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2e164cca-df05-4a91-9cfd-6d83ea0f62ad&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=444cab92-cd0e-405d-b164-3e53f0eb8dc4" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="cqlos">The typical 40-year-old has $45,000 in retirement savings, according to the Federal Reserve. So if your retirement plan balance is $0, it means you've probably got some catching up to do.</p><p data-block-key="7e7a6">That's the bad news. The good news, though, is that if you're only 40, you have plenty of opportunity to make up for lost time. But the key is to get on the right track now to take advantage.</p><h2 data-block-key="e67g8" id="drum-up-the-money">Drum up the money</h2><p data-block-key="85eq5">Chances are, if you're 40 with no retirement savings, it's because you've been unable to comfortably afford individual retirement account (IRA) contributions. So at this point, you have a choice: You can cut back on spending, or you can try to boost your income with a side hustle to come up with the money.</p><p data-block-key="ejhoi">There's no right or wrong choice between these two. But the money for your retirement account has to come from somewhere. And you may find that working a second gig is easier than finding ways to cut costs, especially if you're already on a tight budget.</p><p data-block-key="7sse0">Thankfully, the gig economy is loaded with options. And you may be able to find a way to earn money you actually enjoy, whether it's caring for pets, selling baked goods, or getting paid to write product reviews.</p><h2 data-block-key="e4t34" id="open-an-ira-and-invest">Open an IRA and invest</h2><p data-block-key="cc1h0">If you're 40 years old and plan to retire in your 60s, you have a good amount of time to take advantage of compounded returns in a <a href="https://www.fool.com/money/buying-stocks/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=444cab92-cd0e-405d-b164-3e53f0eb8dc4" target="_blank">stock portfolio</a>. Over the past 50 years, the S&P 500's average annual return has been 10%, accounting for strong years as well as weak ones. If you load up an IRA with stocks, you might enjoy that same return since you're investing over a long period of time.</p><p data-block-key="f2b9l">Say you're able to drum up $200 a month for your IRA starting now, and you're looking to retire at 65. If you're able to score a 10% yearly return on your money, that leaves you with about $236,000 by the time retirement rolls around.</p><p data-block-key="3unlc"><b>If you don't have a retirement account available through your job, you can open an IRA at any financial institution that offers one.</b> <a href="https://www.fool.com/money/buying-stocks/best-brokers-iras/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=444cab92-cd0e-405d-b164-3e53f0eb8dc4" target="_blank"><b>Click here for a list of the best IRAs to find a good home for your retirement savings</b></a><b>.</b></p><p data-block-key="6nrej">From there, it's a good idea to arrange for your IRA contributions to happen automatically. Once you have extra money coming in from your side hustle (or from cutting expenses), set up an automatic transfer so that money goes directly into your IRA once a month, or at an interval that works for you.</p><p data-block-key="743r6">You might think your retirement is doomed if you're 40 and haven't started saving yet. And the reality is that if you continue on that path, you could easily find yourself cash-strapped later in life. But if you make some changes and start investing in an IRA immediately, you can course-correct and set yourself up for the comfortable retirement you deserve.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=056eb676-8991-4f37-a6fe-71bb9e76d8d4&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=444cab92-cd0e-405d-b164-3e53f0eb8dc4" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=056eb676-8991-4f37-a6fe-71bb9e76d8d4&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=444cab92-cd0e-405d-b164-3e53f0eb8dc4" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/14582/">Maurie Backman</a> has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 08:00:27 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/buying-stocks/articles/im-40-with-no-retirement-savings-whats-my-next-move/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=444cab92-cd0e-405d-b164-3e53f0eb8dc4</guid><category domain="https://www.fool.com/guid">444cab92-cd0e-405d-b164-3e53f0eb8dc4</category><category domain="https://www.fool.com/topic">brokers</category><author>newsfeedback@fool.com (Maurie Backman)</author></item><item><title>3 Ways to Make Your Credit Card Debt Uncollectable</title><link>https://www.fool.com/money/credit-cards/articles/3-ways-to-make-your-credit-card-debt-uncollectable/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=0ff544e8-ff15-485c-8f22-bb51c37986f9</link><content:encoded><br/> <div class="image"><img alt="A couple looks at paperwork worriedly inside." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FGettyImages-509603701_a8OL2rB.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="bflzm">It's no secret that the cost of living is astronomical right now. And when weighing the cost of groceries against your credit card bill, it's easy to understand why you'd prioritize the former. Unfortunately, though, missing credit card payments can lead to collections. And not only can that be stressful, it can lead to wage garnishment, meaning you'll have less money in your bank account.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1442af4a-e420-47f4-ac37-929027ab4d10&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=0ff544e8-ff15-485c-8f22-bb51c37986f9" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1442af4a-e420-47f4-ac37-929027ab4d10&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=0ff544e8-ff15-485c-8f22-bb51c37986f9" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="1nm7e">Even so, you should know that you aren't out of options, especially if your debt isn't yet in collections. Here are three more viable options for avoiding credit card debt collection.</p><h2 data-block-key="m4vtv" id="1.-take-out-a-personal-loan">1. Take out a personal loan</h2><p data-block-key="dth95">Paying off your debt by taking out a <a href="https://www.fool.com/money/personal-loans/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=0ff544e8-ff15-485c-8f22-bb51c37986f9" target="_blank">personal loan</a> is one way to avoid having debt go to collections. Because it's no longer on the books of a given creditor, the issue is settled on its end. So all you'd have to do is keep up with your new personal loan payments to stay on track to get out of debt with minimal harm to your credit.</p><p data-block-key="bogp6">The major catch here is that you'll need to rely on your credit to access these loans. And the better your credit, the better the loan terms. For example, you may be able to access significantly lower interest rates than your current credit card APR.</p><p data-block-key="5og3k">If you've already missed a couple of payments, or you have a lot of debt, you might find it difficult to qualify for a personal loan on your own. If that's the case, getting a qualified cosigner can help you access this option. Or opting for a secured loan may help, as long as you're confident that you won't miss payments, which would mean losing the collateral, such as a savings account or car.</p><h2 data-block-key="8eo3q" id="2.-look-into-a-balance-transfer-card">2. Look into a balance transfer card</h2><p data-block-key="c1kj5">Again, transferring your debt to another entity -- or in this case, another credit card -- will also ensure that your creditor can't send your debt to collections. Many of these cards will even offer a limited-time 0% introductory rate. For example, you may get 12 to 21 months interest free. That can help reduce the total cost of your debt, or at least give you some breathing room.</p><p data-block-key="fbqqm"><b>Interested in getting one of these cards?</b> <a href="https://www.fool.com/money/credit-cards/best-balance-transfer-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=0ff544e8-ff15-485c-8f22-bb51c37986f9" target="_blank"><b>Check out our list of the best balance transfer cards available now.</b></a></p><p data-block-key="bepij">But again, you'll have to qualify. If you're at the point where you haven't yet missed a payment, and your credit score is above 670, you likely have options. If your score is lower, you may have more limited options, such as shorter introductory periods or a higher APR.</p><p data-block-key="dtgil">Another factor here is that there is a balance transfer fee, and that's often a percentage of the transferred amount (for example, 3% or 5%), or a flat amount. Still, checking to see if you can qualify for a balance transfer credit card is worth the time because of the potential benefits.</p><h2 data-block-key="wavrs" id="3.-file-for-bankruptcy">3. File for bankruptcy</h2><p data-block-key="5iu8e">If you've reached the point where paying off your credit card debt is just not realistic anymore, you might want to consider filing for bankruptcy to wipe it out and start over. In fact, that's what over half a million Americans have done from September of 2023 to September of 2024. That represents a 16.2% rise in bankruptcy filings compared to the previous year.</p><p data-block-key="3hlbf">There are two common bankruptcy routes you can take:</p><ul><li data-block-key="6cv80"><b>Chapter 7:</b> This requires you to sell off assets, and wipes out your debts with those proceeds.</li><li data-block-key="e2h2p"><b>Chapter 13:</b> This gives you a debt payment plan you have to stick to for three to five years, and in exchange you get to keep all of your assets.</li></ul><p data-block-key="e6npc">Bankruptcy stays on your credit report for seven to 10 years. But that doesn't mean it's best avoided at all costs, especially if you're in a situation where you're having trouble paying for basic necessities. In fact, it can provide the fresh start you need to improve your quality of life.</p><h2 data-block-key="4yhm3" id="a-word-of-caution-about-debt-settlement">A word of caution about debt settlement</h2><p data-block-key="3m0bf">Debt settlement is often touted as a way to reduce your debt and avoid collections. But if this is a path you want to pursue, you should be careful. These companies typically charge a fee, and settlement is not guaranteed. Plus, interest and fees keep accumulating while they're attempting to negotiate with your creditors -- during which time your debt might still get sent to collections.</p><p data-block-key="3kgs6">So, in the worst-case scenario, you could end up with more debt than you started out with and still have your credit score take a downturn. <b>Talking with a credit counselor is a good first step to understand your options and find the safest way to avoid collections.</b></p><p data-block-key="6v3go">Facing the possibility of debt collection is never easy. But that doesn't mean you're powerless to stop it. And while your options may be limited, there are avenues to help you mend your financial situation and get back on track.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=bead0bcc-bbdc-484f-bd7f-9340a4db4f98&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=0ff544e8-ff15-485c-8f22-bb51c37986f9" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=bead0bcc-bbdc-484f-bd7f-9340a4db4f98&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=0ff544e8-ff15-485c-8f22-bb51c37986f9" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 08:00:20 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/3-ways-to-make-your-credit-card-debt-uncollectable/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=0ff544e8-ff15-485c-8f22-bb51c37986f9</guid><category domain="https://www.fool.com/guid">0ff544e8-ff15-485c-8f22-bb51c37986f9</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Devon Delfino)</author></item><item><title>4 Cars Mechanics Never Buy</title><link>https://www.fool.com/money/insurance/auto/articles/4-cars-mechanics-never-buy/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=27063ee6-5ed5-4a0b-b702-16f2afcfb1c8</link><content:encoded><br/> <div class="image"><img alt="A blue pickup truck against a yellow background" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2F47_PzH97xo.width-793.png%3Fwidth%3D793&w=700"/><p class="caption">Image source: Upsplash/The Motley Fool</p></div> <p data-block-key="9mbz0">AAA estimates that the average American spends about $1,452 annually on vehicle maintenance and repairs. That could be a problem for many drivers, considering that about 44% of the population says they'd have a difficult time affording a $1,000 emergency expense.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=75b9ebe4-b812-415d-83fe-dc75b7b972ce&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=27063ee6-5ed5-4a0b-b702-16f2afcfb1c8" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=75b9ebe4-b812-415d-83fe-dc75b7b972ce&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=27063ee6-5ed5-4a0b-b702-16f2afcfb1c8" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="9fou8">So, how can you keep yourself out of the mechanic's garage as much as possible? It starts with avoiding vehicles that are the least reliable. Here are four of them.</p><h2 data-block-key="a0yug" id="1.-jeep-wrangler">1. Jeep Wrangler</h2><p data-block-key="1leud">I'll admit, I like Wranglers a lot. They're unique, versatile, and offer something many vehicles severely lack these days: fun. Unfortunately, they don't have the best track record for reliability.</p><p data-block-key="7ebmi">Consumer Reports rated the 2024 Wrangler the lowest on its list of least reliable vehicles, noting that potential mechanical issues to look out for include the steering and suspension, drive system, and electrical system.</p><p data-block-key="5mira"><b>Some good news for Wrangler owners:</b> They're often less expensive to insure compared to other SUVs. No matter what type of vehicle you own, <a href="https://www.fool.com/money/insurance/auto/best-cheap-car-insurance/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=27063ee6-5ed5-4a0b-b702-16f2afcfb1c8" target="_blank"><b>click here to compare quotes from the cheapest car insurance companies</b></a><b>.</b></p><h2 data-block-key="6brjj" id="2.-volkswagen-jetta">2. Volkswagen Jetta</h2><p data-block-key="futhm">In college, I bought a used Acura Integra from a family friend. She loved her car, but it was older, and she really wanted a new Volkswagen Jetta. Less than a year later, she joked (almost sincerely) that she wished she could buy the car back from me because the Jetta was having too many problems.</p><p data-block-key="2poku">That was many years ago, and apparently, Jetta's haven't improved their reliability much since then. Consumer Reports gave the Jetta a low-reliability score for 2024, with the in-car electronics and climate system being a couple of trouble spots. In a sedan comparison two years ago, just 50% of Jetta owners said they'd buy the car again, compared to 65% of Mazda 3 owners.</p><h2 data-block-key="snh52" id="3.-nissan-frontier">3. Nissan Frontier</h2><p data-block-key="3ggus">Nissan's midsized pickup might be the perfect amount of truck for weekend trips to the hardware store, but it's one of the least reliable vehicles for 2024. According to Consumer Reports, potential trouble spots are the transmission and electrical accessories.</p><p data-block-key="5cbs0">Instead of the Frontier, you might want to opt for the Toyota Tacoma or the Honda Ridgeline, both of which have significantly higher reliability ratings than the Frontier.</p><p data-block-key="59vnq"><b>Related:</b> The average annual cost to insure a standard pickup truck is more than $2,300. If you're paying too much, shop around for lower premiums. <a href="https://www.fool.com/money/insurance/auto/best-car-insurance-companies/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=27063ee6-5ed5-4a0b-b702-16f2afcfb1c8" target="_blank"><b>Click here to get rates from the best car insurance companies</b></a><b>.</b></p><h2 data-block-key="myhnr" id="4.-volvo-xc60-plug-in-hybrid">4. Volvo XC60 Plug-in Hybrid</h2><p data-block-key="95vp">Hybrids are a great option if you're looking to save money on gas and potentially lower your carbon footprint. However, not all hybrids have the same reliability, and some could even cost you more in the long run because of repairs and maintenance.</p><p data-block-key="18u3v">According to Consumer Reports, the Volvo XC60 Plug-in Hybrid has some issues with its EV battery and charging, making it onto the magazine's list of least reliable vehicles. A better option might be the hybrid version of the Toyota RAV4, which is not only recommended by Consumer Reports but also can go an impressive 42 miles in electric-only mode.</p><p data-block-key="6slsg">A car's reliability isn't the only factor when deciding whether to buy it, but knowing which vehicles will likely require more trips to the shop can help you make a more informed decision. After all, you don't want your next car purchase to bust your monthly budget while enriching your mechanic's vacation fund.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d31b1bc6-ac36-4660-a058-4b7fe02924cd&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=27063ee6-5ed5-4a0b-b702-16f2afcfb1c8" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=d31b1bc6-ac36-4660-a058-4b7fe02924cd&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=27063ee6-5ed5-4a0b-b702-16f2afcfb1c8" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 07:45:10 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/insurance/auto/articles/4-cars-mechanics-never-buy/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=27063ee6-5ed5-4a0b-b702-16f2afcfb1c8</guid><category domain="https://www.fool.com/guid">27063ee6-5ed5-4a0b-b702-16f2afcfb1c8</category><category domain="https://www.fool.com/topic">insurance-auto</category><author>newsfeedback@fool.com (Chris Neiger)</author></item><item><title>Is Kohl's Cash Actually Worth It?</title><link>https://www.fool.com/money/personal-finance/articles/is-kohls-cash-actually-worth-it/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1a1f00e-cd4e-406f-b3cd-9d293164daad</link><content:encoded><br/> <div class="image"><img alt="A woman shopping in a department store." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2FWoman_shopping_department_store_69QKqVj.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="p2m8b">You buy some things at Kohl's and the cashier hands you Kohl's Cash you can put toward a future purchase. But you can't use it immediately. You have to wait until a certain date to redeem it and if you don't use it by its expiration date, it's no good.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0c58a253-6b7b-428c-9524-7f6084a5c035&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1a1f00e-cd4e-406f-b3cd-9d293164daad" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=0c58a253-6b7b-428c-9524-7f6084a5c035&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1a1f00e-cd4e-406f-b3cd-9d293164daad" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="c77sn">You leave the store wondering whether you should make a return trip to Kohl's in another week or so to use your Kohl's Cash or just toss it and keep your cash in your <a href="https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1a1f00e-cd4e-406f-b3cd-9d293164daad" target="_blank">savings account</a>. Thanks to some tricky rules buried in the fine print, the answer's not as straightforward as you might think.</p><h2 data-block-key="anrfu" id="how-kohl's-cash-works">How Kohl's Cash works</h2><p data-block-key="4gi99">You earn Kohl's Cash on online and in-store purchases made during certain promotion periods. You get $10 in Kohl's Cash for every $50 you spend. If you later redeem that Kohl's Cash on a regular-priced item, you'll get $10 off. However, you can't use Kohl's Cash on Sephora beauty products or Kohl's Cares charitable merchandise. You also can't use it to purchase gift cards or pay off your store credit card balance.</p><p data-block-key="6001s">The rules are straightforward enough in these cases. But it gets more complicated when you add in coupons or returns.</p><h3 data-block-key="zl5lb" id="kohl's-cash-and-coupons">Kohl's Cash and coupons</h3><p data-block-key="1susq">When you pay with Kohl's Cash and use a coupon, Kohl's first applies the Kohl's Cash and then the coupon. This isn't usually the best outcome for the buyer.</p><p data-block-key="bats5">Consider a $20 purchase you make with $10 in Kohl's Cash and a 20% off coupon. The way Kohl's calculates it, it would first subtract the $10 in Kohl's Cash, leaving you with $10. Then, it would apply the 20% off to $10, giving you a final payment of $8, plus taxes and possibly shipping fees.</p><p data-block-key="8g8ds">You'd actually save more money if Kohl's applied the coupon first. In this case, you'd get 20% off of $20, bringing you down to $16 and then you'd get the $10 Kohl's Cash, leaving you at just $6.</p><p data-block-key="5qod6">Also worth noting is that if you'd just used the 20% off coupon, you would have paid $16. So the true value of your $10 Kohl's Cash in this case is actually just $8. This doesn't mean it's worthless. You're still saving money, just not as much as you expected.</p><h3 data-block-key="xvojo" id="kohl's-cash-and-returns">Kohl's Cash and returns</h3><p data-block-key="8h6kv">When you make a return for an item you originally purchased with Kohl's Cash, you get that Kohl's Cash back. For example, if you bought a $50 item using $10 Kohl's Cash and later returned it, the store would refund you $40 in cash and $10 in Kohl's Cash.</p><p data-block-key="eo33c">But it's more complicated if you earned Kohl's Cash on the returned item. Say you spend $100 and earn $20 in Kohl's Cash. Later, you return $50 worth of items. If you hadn't spent your $20 in Kohl's Cash yet, the store would reduce its value to $10 because after the return, you only spent $50 and you must spend at least $100 to earn $20 in Kohl's Cash.</p><p data-block-key="4p0hl">If you had spent the $20 in Kohl's Cash prior to making the return, Kohl's would actually reduce the cash back it gave you. So instead of getting $50 back in cash, you'd only get $40 back because you used $10 in Kohl's Cash that you didn't actually earn since you made a $50 return. This can also be frustrating, especially since the example above shows that Kohl's Cash isn't always worth its face value.</p><h2 data-block-key="0dvwp" id="how-to-decide-if-kohl's-cash-is-worth-it-for-you">How to decide if Kohl's Cash is worth it for you</h2><p data-block-key="ciaur">Using Kohl's Cash could make sense for you if you shop at the store frequently and have specific items you want to buy there. But it might not be worth bothering with if you don't shop there often, don't need to buy anything, or just find the rules a little too confusing.</p><p data-block-key="a9gh0">There are other ways to save if you decide Kohl's Cash isn't right for you. The store has its own credit card, which can help you earn rewards. <b>You can also</b> <a href="https://www.fool.com/money/credit-cards/best-cash-back-credit-card/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1a1f00e-cd4e-406f-b3cd-9d293164daad" target="_blank"><b>use a cash back credit card that offers bonus rewards at department stores</b></a><b>.</b> The advantage to this is that you can redeem these rewards at many retailers, not just Kohl's.</p><p data-block-key="cbvgt">Ultimately, you'll probably have to decide whether to use Kohl's Cash on a case-by-case basis. Sometimes it might be worth it and other times, it won't be. Just make sure you understand exactly what you're getting before you use it so you aren't surprised by any of the rules mentioned above.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=adb4ffa4-02e9-46fe-a2f4-2ad3b34f6555&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1a1f00e-cd4e-406f-b3cd-9d293164daad" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=adb4ffa4-02e9-46fe-a2f4-2ad3b34f6555&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=c1a1f00e-cd4e-406f-b3cd-9d293164daad" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 07:30:20 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/personal-finance/articles/is-kohls-cash-actually-worth-it/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=c1a1f00e-cd4e-406f-b3cd-9d293164daad</guid><category domain="https://www.fool.com/guid">c1a1f00e-cd4e-406f-b3cd-9d293164daad</category><category domain="https://www.fool.com/topic">personal-finance</category><author>newsfeedback@fool.com (Kailey Hagen)</author></item><item><title>4 Credit Card Perks I Won't Travel Without</title><link>https://www.fool.com/money/credit-cards/articles/4-credit-card-perks-i-wont-travel-without/?source=mfmfeed&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=20218220-3500-413a-a4a9-928415175d02</link><content:encoded><br/> <div class="image"><img alt="A waitress bringing a tray of drinks to a customer in an airport lounge." src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Faffiliates%2Fimages%2Fwaitress_and_customer_in_airport_lounge_f592cE.width-793.jpg%3Fwidth%3D793&w=700"/><p class="caption">Image source: Getty Images</p></div> <p data-block-key="biox9">I've been using travel credit cards for over eight years. During that time, I've tried most of the popular travel cards and have gotten all kinds of perks out of them. Not all of these benefits have been that useful for me. But a few of them are so valuable that I couldn't imagine traveling without them.</p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=752186fc-fcd1-462d-bd6f-44aeffb13a1d&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=20218220-3500-413a-a4a9-928415175d02" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=752186fc-fcd1-462d-bd6f-44aeffb13a1d&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=20218220-3500-413a-a4a9-928415175d02" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p data-block-key="a8l72">If you're looking for a travel card, here are the perks that have made the biggest impact for me.</p><h2 data-block-key="ubc75" id="1.-airport-lounge-access">1. Airport lounge access</h2><p data-block-key="b15l4">Airport lounge access was the first credit card perk I got really excited about. No more waiting around in a cramped seat and overspending on snacks. With this benefit, you get to visit airport lounges free of charge, relax in more comfortable furniture, and enjoy free food and drinks.</p><p data-block-key="f6dji">This is a popular feature, so some lounges can get crowded. It's still a whole lot more pleasant than waiting for your flight in the general boarding area. Visiting an airport lounge also makes your whole trip feel more special.</p><p data-block-key="c969j">Looking for a credit card that will get you into airport lounges? <a href="https://www.fool.com/money/credit-cards/best-airport-lounge-credit-card/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=20218220-3500-413a-a4a9-928415175d02" target="_blank"><b>Click here for our list of the best credit cards with airport lounge access.</b></a></p><h2 data-block-key="rrxvc" id="2.-bonus-points-on-dining">2. Bonus points on dining</h2><p data-block-key="emrq9">I spend a lot more on dining when I'm traveling, and I'd imagine it's the same for most travelers. It's hard to prepare meals on vacation unless you rent a place with a kitchen. Even if you do, people usually don't feel like cooking too much when they're on vacation.</p><p data-block-key="3q6qi">I always make sure to have a card that earns bonus dining rewards. The card I normally use earns 3 points per $1 on dining, which includes restaurants, cafes, bars, and food delivery. On $1,000 in spending, that's 3,000 points, compared to only 1,000 points if I used a card earning 1 point per $1.</p><h2 data-block-key="yus24" id="3.-complimentary-travel-insurance">3. Complimentary travel insurance</h2><p data-block-key="pnie">I rented a car recently. After I returned it, the rental agency emailed me to let me know there was a scratch. It included a picture where it was impossible to see anything, and a request to pay $593 in repairs.</p><p data-block-key="dhktf">This issue's still in progress, as I'm not going to pay anything until I see proof of the damage. But even if the scratch is legitimate, I'm not worried, because I paid with a credit card that includes complimentary rental car insurance. I can file a claim and have my credit card insurance cover the cost of the damage.</p><p data-block-key="3psp5">I pay for all my travel bookings with a card that has travel insurance protections. It gives me peace of mind and saves me money in these kinds of situations. Here are the protections I make sure to have:</p><ul><li data-block-key="4smmh">Rental car damage and theft insurance</li><li data-block-key="4dnb0">Lost/delayed baggage insurance</li><li data-block-key="3g1q6">Trip delay/interruption insurance</li></ul><h2 data-block-key="4spj9" id="4.-a-free-global-entry-membership">4. A free Global Entry membership</h2><p data-block-key="1ipmd">Many of the <a href="https://www.fool.com/money/credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=20218220-3500-413a-a4a9-928415175d02" target="_blank">top credit cards</a> for travel will cover your membership fee with your choice of either the Global Entry or TSA PreCheck program. Wait times can be longer for a Global Entry interview, but it's the better option. When you're approved for Global Entry, you also get TSA PreCheck. It's like a two-for-one deal.</p><p data-block-key="ddgv">Here's how each program works:</p><ul><li data-block-key="7ba7i"><b>With Global Entry, you get expedited service going through immigrations and customs at over 70 airports.</b> I've gotten through immigration in less than a minute by using Global Entry kiosks.</li><li data-block-key="747ig"><b>With TSA PreCheck, you can use expedited security lanes at over 200 U.S. airports.</b> These are faster and don't require you to remove your shoes or take out your laptop.</li></ul><p data-block-key="1bfq4">No one likes waiting in airport security lines. Global Entry costs $120 for a five-year membership. That's a reasonable price, but it's even better when you're getting it for free.</p><p data-block-key="2a2si">Those are my favorite travel perks and the ones I use most often.<b> To see cards with these and many other travel benefits,</b> <a href="https://www.fool.com/money/credit-cards/best-travel-rewards-credit-cards/?utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=20218220-3500-413a-a4a9-928415175d02" target="_blank"><b>check out our list of the best travel rewards cards and open one today</b></a><b>.</b></p><h2>Alert: highest cash back card we've seen now has 0% intro APR into 2026</h2> <p><span style="font-weight: 400;"><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=005fe42d-c61a-4ce4-ba05-9a0f2a43c301&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=20218220-3500-413a-a4a9-928415175d02" rel="nofollow" target="_blank">This credit card</a> is not just good – it's so exceptional that our experts use it personally. It</span><span style="font-weight: 400;"> features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee! </span></p> <p><strong><a href="https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=005fe42d-c61a-4ce4-ba05-9a0f2a43c301&url=https%3A%2F%2Fwww.fool.com%2Fmoney%2Fcredit-cards%2Flanding%2Fdiscover-it-cash-back-review-v2-csr%2F%3Fftm_cam%3Dascent-pages%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D13982%26source%3D%26aid%3D&utm_source=mfmfeed&utm_medium=feed&utm_campaign=mfmfeed&referring_guid=20218220-3500-413a-a4a9-928415175d02" rel="nofollow" target="_blank"><span style="font-weight: 400;">Click here to read our full review</span></a><span style="font-weight: 400;"> for free and apply in just 2 minutes. </span></strong></p><p><i>We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.<a href="https://www.fool.com/author/20014/">Lyle Daly</a> has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a <a href="https://www.fool.com/legal/fool-disclosure-policy/">disclosure policy</a>.</i></p></content:encoded><pubDate>Mon, 25 Nov 2024 07:30:13 -0500</pubDate><guid isPermaLink="true">https://www.fool.com/money/credit-cards/articles/4-credit-card-perks-i-wont-travel-without/?utm_source=source&utm_medium=feed&utm_campaign=article&referring_guid=20218220-3500-413a-a4a9-928415175d02</guid><category domain="https://www.fool.com/guid">20218220-3500-413a-a4a9-928415175d02</category><category domain="https://www.fool.com/topic">credit-cards</category><author>newsfeedback@fool.com (Lyle Daly)</author></item></channel></rss>