Many people carry very little cash with them and prefer paying for their purchases with a credit or debit card. Dr. James Philpot, certified financial planner and associate professor of finance and general business at Missouri State University, shares with Reader’s Digest a few instances when cash payment is best. … [Read more...] about When should you pay with cash instead of a card?

There are several types of airline credit cards. Should you get one? If you do, what should you know about them? Dr. James Philpot, certified financial planner and associate professor of finance and general business at Missouri State University, answers a few questions about airline credit cards on WalletHub. … [Read more...] about What you should know about airline credit cards

The 403(b) is a retirement plan offered by nonprofit companies, charities and other tax-exempt organizations. How does it work? When should you open one? Dr. James Philpot, certified financial planner and associate professor of finance and general business at Missouri State University, answers these questions on U.S. News & World Report. … [Read more...] about Getting to know the 403(b)

When you use a credit card and don’t pay off your balance each month, you will incur a finance charge. What is a finance charge, how is it calculated and how can you avoid it? Dr. James Philpot, certified financial planner and associate professor of finance and general business at Missouri State University, answers these questions on U.S. News & World Report. … [Read more...] about Understanding credit card finance charge

A mortgage is a large debt and it’s an achievement to pay it off. But does doing this affect your credit score? Dr. James Philpot, certified financial planner and associate professor of finance and general business at Missouri State University, tells Realtor.com that it depends on each person’s situation. … [Read more...] about What happens to your credit score if you pay off your mortgage?