Must Read: Why It’s So Important To Know Your Net-Worth, How To Make Sure Your Credit Card Never Gets Cancelled

These are the biggest stories in personal finance this week. How To Prevent Your Credit Card Issuer From Canceling Your Card There are a variety of reasons why a credit card issuer would cancel your credit card, and one of them is that you’re not using that particular card. Not using your card makes you not valuable to the bank or company because you can’t get into debt or pay interest on $0.00. This article details how to manage these sorts of situations and not have your card cancelled. (Lifehacker) Best Banks And Financial Products Of 2019 January is a time of change and new beginnings, and many people are looking for new ways to manage their finances. Mybanktracker.com recently released its “Best of Banking” awards and Budgets Are Sexy put it all into one concise article, linking all topics to corresponding information, but adding a brief summary of why to consider each credit card, bank, and app listed in the awards. (Budgets Are Sexy) Why You Need To Understand How Mortgages Work Mortgages can be overwhelming – not just in terms of cost! But once you understand what goes into managing your mortgage, it’s not as scary as it initially seemed. This helpful piece by Maximize Your Money will guide you through what it means to have a 15 or 30-year loan and why one might be advantageous over the other, depending upon your situation. Whether you’re looking to become a homeowner soon, or if it’s a goal you’re working toward, here’s what you need to know. (Maximize Your Money) What Your Net Worth Is, Why You Should Always Know It, And How To Calculate It Do you know your net worth? Maybe the better question to ask is … do you want to know your net worth? Come on, it won’t be that bad. While calculating how much you’re “made of” sounds highly impersonal and doesn’t put a value on who you are as a person, it can help you understand what moves you need to make next in order to get yourself on track for a better financial future. Here’s why it is so important and how to calculate it. (The Financial Diet) Early Retirement Won’t Magically Make You A Different Person Steve from “Think Save Retire” left his job at age 35 and has been documenting his findings ever since. One of his discoveries: retiring or leaving your job will not change who you are at your core. If you’re usually someone who stresses out, you will continue to stress out. If you’re someone who has a lot to do, you’ll probably continue being that kind of person. Here, he focuses on how we blame our jobs often for things we can’t escape in general and what aspects of your life early retirement can actually change. (Think Save Retire) Instagram’s 10-Year Challenge Is More Powerful Than It Seems You’re probably seeing at least a few every day on Instagram: the Ten-Year Challenge is all over social media, and everyone seems to have their own opinion about the trend. If you’re interested in hearing a few perspectives on the psychology behind looking at images of our “older” selves, look no further. (Thrive Global) Feature Image: Twenty20