The Two Sided Story of Auto Sales

Early reports show that auto sales will fall below expectations in July. Ford CEO Mark Fields noted that the industry is starting to face headwinds. He noted that he expects sales to continue to decline through 2017. The slowdown in sales isn’t surprising considering the US GDP hasn’t increased as much as hoped. The economy only inched forward by 1.2% during the second quarter. There isn’t only bad news though. Continue reading “The Two Sided Story of Auto Sales”

Ditch Your Credit Score

The Good

The best part of not having a credit report or score is that it means you don’t have any debt. This is becoming a rarity these days but I believe it is necessary in order to set yourself up for a successful financial future. If you fall into the debt free category, congratulations. This is a great thing but because of the way our society is setup these days, there might be some hoops to jump through… Continue reading “Ditch Your Credit Score”

Why Credit Cards Suck

One of the best things about my generation, the millennials, is their rejection of credits cards. A survey by Bankrate showed that 63% of millennials have rejected credits cards altogether. I personally think this is a great thing and long overdue. But I constantly see articles about the pros of having credits cards, why their needed and why the millennials will pay for not using them. Today I want to explain why credit cards suck and why your better off without them. Continue reading “Why Credit Cards Suck”

Imperfect Switch to Visa for Costco

Costco has recently divorced American Express to hook up with a new partner in Visa. The issue is the transition hasn’t been smooth according to customers posts all over social media. My question is, when are any of these types of changes smooth? Look at how well the transition to EMV chip cards has gone. That has been a disaster since day one. Continue reading “Imperfect Switch to Visa for Costco”