For people with no credit or limited credit, it’s possible to get credit cards. Obtaining a card will make everyday spending safer and more convenient, as well as help build credit. Dr. James Philpot, certified financial planner and associate professor of finance and general business at Missouri State University, answers a few questions about getting a credit card with no … [Read more...] about Can you get a credit card with no credit?
While staying home with kids during the COVID-19 pandemic can be challenging, it’s a good opportunity to teach them how you make day-to-day financial decisions. Dr. James Philpot, certified financial planner and associate professor of finance and general business at Missouri State University, shares with NerdWallet a couple of ways to impart money lessons to children. … [Read more...] about How to teach kids money lessons while staying at home
The holiday season is here. According to the National Retail Federation, consumers are expected to spend about $1,048 on average during the 2019 holiday season. This is a 4% increase from last year. For many, with that spending comes stress and anxiety about how to pay for the gifts, travel and other expenses during the holidays. Dr. James Philpot is a certified financial … [Read more...] about Don’t overspend this holiday season
Some employers offer select employees a Supplemental Executive Retirement Plan (SERP). What is SERP? How is it different from the 401(k)? Dr. James Philpot, certified financial planner and associate professor of finance and general business at Missouri State University, explains more about SERP on U.S. News & World Report. … [Read more...] about Understanding the Supplemental Executive Retirement Plan
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?