Parents, students don’t fully understand credit + MORE Sep 3rd

Crazy start to September, watch for lots of news, promos and more to come your way this week! News, Tips & TricksWe were hoping it would be the new Aeroplan Cards from American Express that were announced today but it was not. Not to be outdone however Amex did reveal two new cash back credit cards today that are quite strong compared to others in this segment. Read more about the new SimplyCash cards here.As with the start of any month and especially now that summer holidays are over we will see an onslaught of new promotions for earning miles, burning miles and more! Here are some of the posts from earlier today on Rewards Canada covering some of these major promos:Preview of IHG Rewards Club’s ‘Into the Nights’ Fall Systemwide Promotion Air Canada: 50% Bonus Aeroplan Miles on all Air Canada flights WorldwideAvianca: 100% Bonus LifeMiles when buying miles – last chance at current prices! Bonus Offers Air Canada Aeroplan- Triple Aeroplan Miles for every qualifying stay at any participating Comfort Inn®, Comfort Suites®, Quality®, Sleep Inn®, Clarion®, Cambria Suites®, MainStay Suites®, Suburban Extended Stay®, Econo Lodge®, Rodeway Inn® or Ascend Hotel Collection® location…

No-interest promotions are costly for credit card users who lose the grace period and must pay interest on new purchases, regulators warned

Sept. 3, 2014: Average rates on new credit card offers held steady this week, according to the CreditCards.com Weekly Credit Card Rate Report.

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Early on in Notes on a Scandal, a 2006 film about voyeurism and unrequited love, Barbara Covett (Judi Dench), a spinster schoolteacher-turned-stalker, sits down to lunch for the first time with the object of her obsession: a beautiful, affluent art teacher named Sheba (Cate Blanchett), who proceeds to tell Barbara her entire life story, unsolicited. Barbara’s voice-over soon chimes in: “It’s a peculiar trait of the privileged,” she says. “Immediate, incautious intimacy.”
For the privileged person who also happens to be famous, however, the trait in question is turned on its head. A celebrity—especially a female one—isn’t prone to incautious intimacy, but involuntary intimacy. She doesn’t have to dish about her secrets over lunch, because, whether she likes it or not, we’re bound to discover not only who she is but also what she looks like naked.
For proof, look no further than the present: As I write this, the FBI is investigating a major case in the United States, where one or more hackers stole from and leaked numerous nude photos of more than 100 female celebrities onto the image-sharing site 4chan, from Academy Award-winner Jennifer Lawrence and supermodel Kate Upton right on down to lesser-knowns such as Jessica Brown-Findlay, a…

Almost nine in 10 students reported that they are not confident when it comes to managing their money, according to the latest 2014 RBC Student Finances Poll.
While 80% of students who responded said they turn to their parents for advice on big financial decisions, credit appears to be the forgotten dinner-time discussion.
According to RBC, students failed three of six questions on the topic, “but some parents didn’t fare all that much better.” For instance, both students and parents incorrectly thought your credit score is affected by your age, income and gender.
The majority of parents and students agree that it’s important to maintain a good credit rating, but there isn’t enough financial literacy being passed around the table so that students have a healthy understanding of how to make smart financial choices.
The bank reported that 71% of students are worried about not having enough money to cover all their expenses. More than one-third wished they knew the cost of small extras required, revealing just how daunting the task of paying off student loans and other costs can be…