Career is the most critical aspect of personal finance

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Recently, I’ve revisited my financial decisions since I graduated from college in the fall of 2011. You know what I found? Having a permanent, decent-paying job actually contributes the most to my assets and financial future. With money in my bank accounts and a stable income stream, I have been approved for good credit cards to build my credit history. The money I’ve saved has been put into my brokerage account so that I can learn how to invest. I’m 24, and I know there are a lot of things to be learned and a lot of money to be earned in the future, but I think I have a decent start, to which my income contributed significantly.

Continue reading Career is the most critical aspect of personal finance

Can international (F-1) students / non-resident aliens (H-1B visa holders) apply for credit cards?

Yay! I'm an alien!!!
Yay! I’m an alien!!! Cool, huh?

Absolutely! I applied for my Bank of America BankAmericard secured credit card as an H-1B visa holders, and I wish I had obtained my first credit card when I was an international student at Colgate. By the way, to my American readers who may not be well-versed about immigration stati, any foreign citizen that is living in the US is classified by the IRS as an alien. Those like me that don’t have permanent residency either are called non-resident aliens. Someone from the IRS has a good sense of humor.

I know that I asked myself this question at some point while being a college student, and so did many of my friends who were international students. So for the future generations of international students, let’s settle this once and for all. The answer is, again: Yes you can! Continue reading Can international (F-1) students / non-resident aliens (H-1B visa holders) apply for credit cards?