Smaller, Thinner, Faster, Cheaper! The first computer was unveiled in 1946. Weighing in at 27 tons, it took up 1,800 square feet of floor space. And the cost? Nearly $500,000! That ENIAC was revolutionary, but its functionality was, at best, limited. Our first fax machine was …Read more. Trick Yourself into Saving Money Trick Yourself into Saving Money Buying the things you need when they are on sale is a great way to avoid overspending. But unless you are diligent to take the difference between the regular price and the sale price and actually deposit that into a …Read more. You Need an Insurance Check-up You Need an Insurance Check-up From regular oil changes to changing furnace filters and annual trips to the dentist, smart consumers know that preventive maintenance can avoid costly repairs down the road. Insurance is another item that needs to go …Read more. When It Comes to Food Products, What's In a Date? When It Comes to Food Products, What's In a Date? Perhaps you have noticed that some food products come with dates printed on them — 12/12/14" for example. Does that mean it has to be used by that date or just sold by that date? Or what about …Read more.more articles
Payment Date Affects Balance
Dear Mary: Is there any advantage to sending in my credit card payment early? Or is it better to keep the money in the bank where it is earning interest and then sending it closer to the due date? — Jeff, New Jersey
Dear Jeff: Because interest on credit card accounts is calculated according to the "average daily balance," it makes a difference. In fact, the sooner you can pay during the billing cycle, the sooner your balance will drop, which means you will pay less interest. If you cannot make your entire payment early in the cycle, consider sending (or making your payments online) one-quarter of it every week or half every two weeks. Just make sure you have sent at least the entire minimum due before the due date. Getting socked with a late fee will undue all kinds of effort you've made to reduce your balance.
Dear Mary: We purchase fresh broccoli at the local supermarket, cut off the large stem, wash the flowerets and place them on paper towels to dry before storing them in an airtight container in the refrigerator. They sometimes grow sour within a few days before they can be consumed. Is there a better way to handle broccoli? — Clarence, email
Dear Clarence: According to the home and garden information center at Clemson University, you should not wash broccoli until you are ready to use it. Store it in a plastic bag in the refrigerator. Just before preparing, wash, but don't soak, broccoli in cool running water. Store broccoli in the refrigerator at 32 F with adequate air circulation.
Ideally, you should use broccoli within three days of purchase, since the vitamin content will decrease the longer it is stored. However, broccoli will remain perfectly edible for between 10 to 14 days under these ideal storage conditions.
Dear Mary: My daughter has a letterman's jacket that has real leather sleeves and a wool body. Our regular dry cleaner doesn't want to clean it because of the leather sleeves, and the leather cleaner doesn't want to clean it because of the wool-blend body. Do you have any suggestions on how I might spot clean it at home? — Toni, email
Dear Toni: I checked with several manufacturers, including LogoSportsware (LogoSportswear.com), who tell me the leather sleeves in these jackets are typically specially treated to do well with dry-cleaning. I know that in the past I had my son's jacket dry-cleaned without harm.
You might consider asking your best dry cleaner to allow you to sign a release of liability form. Just understand that if something should go wrong, you will not have any recourse. But what do you have now? A dirty jacket. I believe I'd take that risk.
Do you have a question for Mary? Email her at firstname.lastname@example.org, or write to Everyday Cheapskate, P.O. Box 2099, Cypress, CA 90630. Mary Hunt is the founder of www.DebtProofLiving.com, a personal finance member website and the author of "7 Money Rules for Life," released in 2012. To find out more about Mary and read her past columns, please visit the Creators Syndicate webpage at www.creators.com.
COPYRIGHT 2013 CREATORS.COM