Professor Cardworthy Money Explainer

Professor Cardworthy’s Corner®

Best Credit Card is a Myth

Life was simple in the 1970s, the Tastee Freez choice was “with cheese” or “without cheese” and “chocolate” or “vanilla.” Today with two billion credit cards in use globally, there is and never has been the “ten best credit cards” or the “ten perfect credit cards.” Finding the right card for you depends on your life stage and sticking to the basics, tuning out the bells, whistles, and . . . . More

Overdrawn Billionaire

An overdrawn billionaire is an oxymoron . . . or so you would think. Less than two years ago he opened his mailbox and found a notice of an “insufficient funds” (NSF) fee charge of $35. But lo and behold it also showed an available balance as $9.9 billion ($9,854,241,363.69) . . . . More

Budget Buster Late Fees

Budget buster late fees have been around for a very, very long time and will likely hang around forever. Amazingly most Americans are unaware late fees are a “golden goose” for the banking industry, unlike an other industry. One family figured out a simple, but wacko, option to avoid late fees and keep the lights on, water running, phone connected and the house warm . . . . More