Credit cards are something that can prove to have multiple advantages. If a person is ever in a situation where they need to take care of certain expenses but is short of cash, a credit card is all that is needed to save the day. But upon misuse, a credit card can also do a lot of damage. Let us look at some of the most common credit card mistakes that people make. Using a credit card for daily purchases Sure, credit cards prove to be a great asset for people during emergencies. But a lot of people make it a habit of using their credit cards for their daily expenses. This is a very bad practice, as they start losing sight of how much they end up spending. This is why you should always stick to paying cash for your daily expenses, such as groceries. Constantly withdrawing cash Many people do not know this: while they swipe their credit cards for withdrawing cash, there is a certain fee (3.5%) for the cash advance they are taking. This will start increasing right from the day you withdraw cash using your credit card till the day you repay it. These are many cases where these charges have even gone up to a whopping 49.36% per annum.

A savings account is the first types of bank accounts we open. Yet, it is also one of the most neglected ones. We often forget that a savings account can do so much for us apart from just storing money. In fact, a savings account can help you grow your money! If this sounds interesting, let us learn about the best tips for optimizing a savings account: Opt for high yield savings account A savings account should be chosen wisely. Always opt for a savings account that gives you a high yield. By this, we mean that the APY (annual percentage yield) should be good. A high annual percentage yield results in you getting more interest on your account. This means that your money is not just sitting idle in the account, but actually growing. This is one of the greatest tips for optimizing a savings account. Set up automatic transfers You should look to set up automatic transfers from your checking account to your savings account. This will mean that as soon as your salary hits your checking account, a portion of it will automatically get transferred to your savings. Since there are limits on the number of withdrawals you can make on your savings account, you are less likely to spend the money as compared to a checking account.

While we now know that there can be many reasons that we cannot go to the gym regularly, setting up a home gym seems like a workable idea. It is anyways better for anyone who finds it challenging to include gym time in the schedule. For such situations, let us understand how to set up a home gym and the necessary inclusions. Exercise mat That’s right. One of the most necessary equipment for a home gym is the most basic. You can get an exercise mat or a Yoga mat for a very low price, and it works wonders for many kinds of exercises. You might want to look for a thicker mat so that you get enough cushioning, to work comfortably on a hard floor. Besides, a mat can be taken anywhere, or it can be rolled up and does not take up much space once you’re done. Kettlebell Kettlebell is an equipment that is not very common as people go for dumbbells and other weights from the very beginning. However, if you’re looking for a complete answer to setting up a home gym, a kettlebell is essential. You can purchase them at reasonable prices; it works well for different kinds of exercises.

Your credit score is an essential aspect of your finances. Simple practices like paying your credit card bills on time can save your credit score. However, if you are already there and are looking for tips to improve bad credit score, here are some things you can do:   Avoid closing unused credit cards If you have any credit accounts that are unused accounts, do not close them all. The length of credit history can help in improving your score. If at all you want to close any account, opt for the newer ones with shorter credit history. Plan to pay down credit cards One of the most useful tips to improve a bad credit score is to pay your credit card bills whose payments have not been cleared. When doing so, opt to pay the cards that you have maxed out or are closest to the credit limit. These accounts are the ones that affect your credit utilization rate significantly, and closing them can improve your score. Avoid opening any new credit accounts It can be easy to increase one’s credit limit by resorting to additional credit accounts. However, opening multiple credit accounts in a short span affects the credit score.

It is not surprising that most customers get overwhelmed when they step into a store looking for a hot tub. There are many things to consider before finalizing your investment. Starting from the essential features to more in-depth technical specifications, a comprehensive checklist of hot tub buying considerations can help you a lot. Whether it is for your family or social time with friends, you need to consider the number of seats while buying a hot tub. For instance, if your family has five members, a hot tub with two seats will probably be unsuitable for your need. It can get the job done if you live alone and want to relax your muscles after a long day at the office. So, calculating the number of seats you need is essential to consider while looking for a hot tub. You may also check if it is a reclining lounge seat or a traditional seat. The size of the hot tub is the next thing to consider. You should measure the space where you want to keep the hot tub. Upon visiting the store, it will be easier for you to narrow down the best options. Sometimes, small hot tubs restrict the availability of premium features.