Monday, February 22, 2010

Weekly Savings Tip: February 22, 2010

How the CARD Act May Impact You

The CARD Act, signed into law last May, goes into effect today. Among other items, the new act will eliminate double-cycle billing, arbitrary rate increases and hefty fees for exceeding your credit limit. While many of these changes are positive, always read the fine print and be aware of credit card traps. Here is a brief summary of some of the changes the CARD Act will bring.
• In an effort to counteract the lost revenue credit card issuers may see due to the CARD Act, banks and other card issuers may begin implementing new fees or raising existing ones. Because the new law does not restrict the types of fees issuers can introduce, be sure you know exactly what you're being charged for.
• Credit card companies may begin placing restrictions on reward programs if you make late payments. To help avoid this situation, be sure to make your payments on time and read all notices sent by your credit card company, including those regarding changes to their rewards program.
• One of the primary benefits the CARD Act brings are a series of limits on how and when credit card companies can set interest rates. Previously, issuers could raise your interest rate just for missing a single payment without giving much notice. The CARD Act states that consumers must be alerted 45 days in advance before raising their rates.

his is America Saves Week (February 21-28)! Take time this week to assess your savings by taking action and developing a plan to improve your personal savings. The America Saves Web site is an excellent resource for additional tips and advice to help you set aside more.

Also take this quiz to test your current financial literacy IQ while learning savvy saving tactics.Visit for more money-saving tips.

Our Wedding: The Bridal Party Processional

And here they are...

My dear friend and sorority sister that also happens to be a coworker...

Our Godson's father and dear friend...

My legal guru, friend, and sorority sister...she happened to be present the day that Mr. CB and I reconnected...

Mr. CB's younger brother (definitely can't call him the "little" brother)

My sorority sister/ex-roommate/friend/partner in crime/the list goes on and on and on...

Mr. CB's cousin and fraternity brother

Mr. CB's cousin and friend that I have grown to love dearly...

Mr. CB's friend and college homie

My cousin

My BFF (before Mr. CB, of course) and former classmate. He was present when Mr. CB and I met for the first time and they have grown to be great friends, too.

My Matron of Honor and dear friend - mother of our Godson, sorority sister/former classmate/shopping buddy/ of my dearest friends on Earth...

Our (my) beautiful niece - I hope her Daddy is getting his target practice in!

Our (my) handsome nephew...Here Comes the Bride!

And our (my) other handsome nephew...LAST CHANCE! Sidenote, these banners were definitely a labor of love. Add the amount of time and effort that it took plus hiding them from Mr. CB and it equals a PITA! I wouldn't have traded it for anything, LOL!

For some reason, I lurve this shot!

Can you guess who he's waiting for? ;)

Ciao Bella,