Before this weekend, I had heard horror stories of bank fee hell - that endless cycle of charges that occur monthly because your balance drops below a minimum - but it had never happened to me. My primary checking account has no minimum.

About a year ago, I decided to open a secondary checking account. The terms were no minimums for a year. I went for it. (Keep reading →)

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This is terrifying. MSN is reporting the story of Rob Cockerham, a man with a website and a mission - to see just how seriously credit card companies take identity theft precautions.

Frustrated with all those credit card apps he got in the mail, he decided to see just how desperate credit card companies - in this case, JP Morgan Chase & Co. - are for new card holders. (Keep reading →)

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If, like me, you’ve ever struggled to understand why your credit score is different depending on which credit agency you pick (Equifax, Experian and TransUnion), you’ll be interested in this news.

The big three firms have banned together to create a simpler, more consistant score. According to MarketWatch.com, experts disagree on what causes the discrepencies in the current scores - from bad data to different risk models. The new scoring system is supposed to eliminate that. (Keep reading →)

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Welcome to the SpendingHacks blog, a site for all things related to money, spending, and saving. On a personal level, I’m hoping this blog will help motivate me to pay back all those student loans and to a much lesser extent, credit card debts, I’ve accumulated while learning more about money management.

Hopefully, it will help others who may be stuggling with debt management and growing their net worth as well.

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