ken himmler: you throw in 300 to $500 and then you start making charges. and i would suggest making the charges in small increments and pay that card at least every 2 weeks, because that can boost your credit. the good news is, you get that deposit back when your account is upgraded or closed in good standing. now if you want to save on interest: then you want a or balance transfer card. these cards are typically for someone with good credit. but beware: tricia : what are the pitfalls of balance transfers for the consumer? ken: well typically it's the fee that you have to pay right up front. but balance transfer cards can definitely help pay off high interest debt. just make sure with any of these cards, you understand whether you're getting a fixed rate, or introductory rate that jumps up after a certain amount of time. finally, if you want to earn extra perks just for using your credit card: then get a rewards want. there's catalogs. there's travel. you can get tires changed. you can get gasoline. there's all kinds of different and keep in mind, these ca

financial author, ken himmler, says don't be intimidated and don't make excuses. shopper c: it takes a lot of research and time. that's a thing that we don't have right now, is time. so we're saving you time, and doing the research for you. first of all, it doesn't take a lot of cash to get started. just 5-dollars a week. a lot of us spend that much, just on a cup of coffee. ken himmler/financial author: if want to start a college fund or you just want to start saving collection of stocks, bonds, or other securities. there are four main types: money market funds. bond funds, that are a little more risky, but offer a bigger return. stock funds, that are even more risky. and hybrid funds. ken himmler/financial author: once you get to 5 or $10,000, now you have enough money, and you can change to an exchange traded fund, or an index fund. that means more money in your pocket. and the sooner you start, the more money you'll earn. let's look at someone in their 20's. by investing just 25-dollars into an index fund, every month, you could save 75-thousand dollars or mor

financial author, ken himmler, says don't be intimidated and don't make excuses. shopper c: it takes a lot of research and time. that's a thing that we don't have right now, is time. so we're saving you time, and doing the research for you. first of all, it doesn't take a lot of cash to get started. just 5-dollars a week. a lot of us spend that much, just on a cup of coffee. ken himmler/financial author: if you have $25 a month and you money, a mutual fund works wonderful. with a mutual fund, your money is invested with others into a collection of stocks, bonds, or other securities. there are four main types: stock funds, that are even more risky. and hybrid funds. ken himmler/financial author: once you get to 5 or $10,000, now you have enough money, and you can change to an exchange traded fund, or an index fund. these have lower annual fees than mutual funds. let's look at someone in their 20's. by investing just 25-dollars into an index fund, every mo 75-thousand dollars or more, by the time you're ready to stop you from starting to invest. ken himmler/financia

financial author, ken himmler, says don't be intimidated and don't make excuses. shopper c: it takes a lot of research and time. that's a thing that we don't have right now, is time. so we're saving you time, and first of all, it doesn't take a lot of cash to get started. just 5-dollars a week. a lot of us spend that much, just on a cup of coffee. ken himmler/financial author: if you have $25 a month and you want to start a college fund or you just want to start saving money, a mutual fund works wonderful. with a mutual fund, your money is invested with others into a collection of stocks, bonds, or other securities. there are four main types: money market funds. bond funds, that are a little stock funds, that are even more risky. and hybrid funds. ken himmler/financial author: once you get to 5 or $10,000, now you have enough money, and you can change to an exchange traded fund, or an index fund. these have lower annual fees than mutual funds. that means more money in your pocket. and the sooner you start, the more money you'll earn. let's look at someone in their

ken himmler: you throw in 300 to $500 and then you start making charges. charges in small increments and pay that card at least every 2 weeks, because that can boost your credit. the good news is, you get that deposit back when your account is upgraded or closed in good standing. now if you want to save on interest: then you want a low-interest, zero percent apr or balance transfer card. these cards are typically for someone with good credit. but beware: tricia : what are the pitfalls of balance transfers for the consumer? ken: well typically it's the fee that you have to pay right up front. but balance transfer cards can interest debt. just make sure with any of these cards, you understand whether you're getting a fixed rate, or introductory rate that jumps up after a certain amount of time. finally, if you want to earn extra perks just for using your credit card: then get a rewards or cash back card. ken: you can get anything you want. there's catalogs. there's travel. you can get tires changed. you can get gasoline. there's all kinds of different and ke