In the last post we talked about the many ways in which the American public is nickeled and dimed on a monthly basis; everything from our utility bills to our cell phone bills are filled with charges that we weren’t aware of or didn’t know existed until we see them in black and white. Unfortunately, however, most of us don’t see it in black and white; we are all so busy that most of us simply pay our bills without so much as glancing at them. And this is where we can stand to lose the most amount of money.

No matter what the bill in question, it is absolutely imperative that each and every consumer take charge of their finances by scrutinizing their bills with the seriousness of an accountant working for a client. These may be small charges - $5 here, $10 there – but when you add them up over the years you are talking about a whole lot of money.

Credit cards are especially difficult in this regard as we could sign up for a card thinking that it has all the bells and whistles that we need only to discover down the road that our interest rates have been increased or we have been subjected to service fees over and above what we are already paying. In order to take control of this situation it is important to compare credit cards as often as possible.

Luckily, with the Internet at our disposal we are able to compare credit cards much easier than ever before. Through online research we can find those credit cards that offer introductory low finance charges, the ability to transfer balances or earn points, or other features that may be appealing to us. When we compare credit cards we are laying out all the options for ourselves and making the choices that make the most sense for our financial situation; and there’s no better way than that to take control.

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