Mindblown: a blog about philosophy.
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This Is The Worst Time To Ask For A Credit Limit Increase
If you’ve recently opened up new lines of credit or already requested higher credit limits from other lenders, that’s not going to send a vote of confidence to your issuer. Lenders could conclude that you’re entering a financial emergency and need additional credit just to pay your bills. Whenever a new account is opened, the…
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Debt Myths You Really Need To Stop Believing
It’s easy to lump all debts together into one composite thing and proclaim them to be ‘bad’ for personal finance. While owing a debt is certainly less appealing than living life totally debt-free, almost no one can truly claim to be completely unencumbered by a financial repayment obligation of some kind. Moreover, not all debts…
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What Really Happens To Your Debt After You Die
According to the Federal Reserve’s Consumer Credit report, approximately 43.5 million Americans were facing $1.7 trillion in student loan debt to begin 2023. That number constituted 13% of the U.S. population, and the average amount owed per student was $37,787. Further, per Federal Student Aid, 92% of that $1.7 trillion was in the form of…
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The Hidden Downsides Of Using Buy Now, Pay Later Services
Besides not getting rewarded figuratively by the credit bureaus for your good buy now, pay later payment history, you also won’t get any literal rewards. As in airline miles, flexible points, or plain ol’ cash back that you might snag if paying with an appropriate credit card. Considering that the average BNPL purchase amount is…
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Are The Benefits Of Being A Sephora Rouge Member Worth It?
If you have to drop $1,000 in a calendar year just to join a rewards tier, then the benefits better be worth it. And for some, Sephora’s Rouge will be. Rouge works similarly to other rewards programs: With every dollar you spend at Sephora, you earn one point. However, you get a lot more perks.…
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5 Ways A Government Shutdown Takes Money Out Of Your Pocket
If you’re traveling by air during a government shutdown, expect delays. That’s because more than 50,000 TSA agents and 13,000 air traffic controllers will be asked to continue working without pay until the government is eventually funded. The TSA agents are of particular concern because they’re among the lowest-paid government workers, and they may have…
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Venmo Vs. Cash App: Which Money App Is Safer And Better To Use?
Venmo requires a U.S. phone number, and for users to reside in the U.S. in order to use the app. This can have serious implications for anyone who frequently travels, lives in a border city, or has international friends and family. Not to mention, the physical residence requirement can be difficult for federal employees and/or…
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Are Planet Fitness’ Black Card Perks Worth The Price?
To begin, the Black Card allows Planet Fitness members to use any club in America or internationally, whereas regular members only have access to their home club. Needless to say, this can be a valuable benefit if you frequently travel for work or pleasure. Advertisement In recent years, with the increased popularity of full-time living…
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The Best Time Of Year To Look For A Rental Property
During the late-spring and summer, there’s typically a lot of lifestyle changes occurring. Families with children will want to leave their old dwelling after the previous school year ends, but be settled in by the time the new school year begins. Older students are also involved in the shuffle, with high schoolers moving to college…
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The Real Reason Shein Is So Cheap
Shein’s primary method of keeping their prices low? Paying their workers criminally low wages. Swiss NGO Public Eye released a tell-all on Shein’s unethical labor practices in 2021 after interviewing workers in several of Shein’s factories. While the labor practices differed per factory, there were some common themes. They said that they were paid not…
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