These days, it's getting really hard to make both ends meet. Ever-growing living costs, high levels of unemployment, plus rising credit card fees and interests. Fed Reserve has approved a proposal that would prohibit some deceptive credit practices that cost customers billions of dollars. The changes that would restrict abusive practices used in credit card industry are really necessary in view of the fact that today even diligent cardholders are pressed to avoid credit industry pitfalls. Learn what rules have been proposed at the Fed Reserve board meeting!

It is probably hard to believe, but even in our democratic society women still make less than men. According to statistical data, women's wages are usually around 76% of those earned by men. Changes in this situation are really desirable and expected, but in the meantime, it would be rather reasonable if women could protect themselves and undertake actions to prevent financial risks when they get retired. By the fact that women's life span is, on average, seven years longer, than that of men, and considering the growing number of divorces, it is likely that lots of women will be alone when they are old.

If your credit is bad or you have no credit history and want to establish one, you can apply for a secured credit card. You can try to get an unsecured bad credit card as well, but these cards are not easy to obtain for people with the lapse in their credit report or those who have never had a credit. Credit card companies are hesitating to issue credit to credit unworthy people. In most cases you need to have a flawless credit history to qualify for an unsecured credit.