Credit Cards Compromised, Investing, Debt, and More!

Posted by Madison on March 25, 2009

Our favorite credit card has a new number. Ugh! We’ve had this card for years, since it deposits 2% into our kids’ 529 plans. In fact, we even have the card number memorized!

We were notified that millions of MasterCard holders account numbers were compromised last week and issued a new card. Sure, no big deal. Unless that is the card that all of your services auto bill (Vonage, Satellite, Amazon back up data, etc.)

Do yourself a favor! Keep a list of all your auto payments and the credit card that they bill. While it’s easy to come up with the list for the monthly bills, it’s harder to remember some of the yearly bills that automatically get charged to your credit card.

Ironically, Credit Check Total sent us a notification of “Potentially Negative Information” appearing on our credit report. The cause: Lost or Stolen Card. It’s amazing that anyone could view that as negative when it was MasterCard who had the problem. However, our scores did not change.

Announcements

Bring Back Thrift Week. $100 Savings Bond is up for grabs for the winner that can answer this question in 50 words or less: “What’s the best thrift advice or habit you’ve picked up from someone who grew up in thriftier times?” Enter at Bring Back Thrift Week.

Turbo Tax Giveaway. You have until Friday, March 27 to enter the TurboTax Spring Giveaway.

Investing

Debt

Saving

By the Numbers

And More!





You can get my latest articles full of valuable tips and other information delivered directly to your email for free simply by entering your email address below. Your address will never be sold or used for spam and you can unsubscribe at any time.

Email:

Comments to Credit Cards Compromised, Investing, Debt, and More!

  1. Great set of links! I’m particularly interested in the Investing links since (as luck has it) I JUST finished uploading my new e-book onto Lulu titled “Investing for the Long Term.”

    The book is about how to outperform all these money managers, financial advisers, and other “professionals” by using simple math (moving averages and other simple concepts) and in it I discuss the rolling 20 year returns of the market since 1872 and show how applying a simple moving average improves not only return but risk over buy and hold. The first few pages of Chapter 1 are free and I’m hoping to get some feedback on it. Great posts and love the blog.

    The Math Guy


  2. Look at it this way: memorizing a new card number is good for your brain. When was the last time you memorized anything? Do you know ANYONE’s phone number anymore?

    MITBeta @ Don’t Feed the Alligators



Previous article: «
Next article: »