Finance Blog

Stay financially savvy with the Equifax Advisor.

Sign up for our FREE Monthly Email Newsletter


Thank you for signing up for the FREE Equifax monthly newsletter

In addition to keeping in the financial know, you may be interested in checking your credit score and report.

Understand your credit. Help protect your identity.

Equifax Complete™ Premier Plan

  • Know What May Influence Your Credit Score and Be Alerted of Changes
    Credit score monitoring with custom alerts
    Important Disclosure: The Equifax credit score and 3-Bureau credit scores are based on an Equifax credit score model and are not the same scores used by 3rd parties to assess your creditworthiness.¹
  • Help Protect Your Identity
    Automatic fraud alerts encourages lenders to take extra steps to verify your identity²
  • Lock Your Credit
    The ability to lock and unlock your Equifax Credit Report³
Save 75% your first 30 days with the purchase of Equifax Complete™ Premier

$4.95 for the first 30 days, then $19.95 per month thereafter. You may cancel at any time; however, we do not provide partial month refunds.4

¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.

²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.

³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit www.optoutprescreen.com/.

4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.

Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.

Saving Money? Here’s Where You Should Splurge

Written by Miranda Marquit on March 14, 2014 in Family Money  |   1 comment

When you’re saving money, “splurge” is a bad word. Splurges are often perceived as impulse purchases made outside the confines of a household budget—and that’s something savers are told they should avoid. Not every splurge is bad, however. There are times when it makes sense…

saving moneyWhen you’re saving money, “splurge” is a bad word. Splurges are often perceived as impulse purchases made outside the confines of a household budget—and that’s something savers are told they should avoid.

Not every splurge is bad, however. There are times when it makes sense to spend a little more than you would like. The key to a successful splurge is to handle it as part of a plan, rather than to engage in truly impulsive spending behavior.

You may want to consider splurging in order to:

Purchase a high-quality item. In some cases, you may want to pay a little more for a big step up in quality—especially for items you use every day, such as cookware, or items you’ll use repeatedly over time, such as tools.

For example, after going through two cheap hand-mixers in a period of two years, my husband and I finally bought a more expensive, higher-quality version. The more expensive version cost three times what the cheap version cost (we set aside money in our household budget every month to save for the item), but it’s been five years and we haven’t had to replace it. It’s already paid for itself because we haven’t had to buy a new mixer every year.

There are plenty of items like that out there. From shoes to clothing to snow shovels, if you pay a little extra for things that last, you can save in the long run.

Buy in bulk. Sure, you probably don’t want to spend $100 for canned goods in one shopping trip. But if buying in bulk means you save 30 percent on each can, it might be worth it.

My husband and I often splurge to buy paper products (paper towels, toilet paper, napkins, and tissues) in bulk when they are on sale. It’s a little nerve-racking to spend so much at once, but the per-unit price is lower when we buy in bulk, and we don’t have to buy those particular items for another seven or eight months.

Consider how often you use certain items. If you can get a decent discount by buying in bulk, and the items (or food) are things that you use regularly, you will save money over time by spending a little more up front.

Make more money. If you can make money off of a particular item, it makes sense to pay more for it. This type of splurge gets a little tricky because in order to justify the purchase you have to be able to see true returns. For example, my business is conducted online, and I don’t want my wireless router failing on me while I’m in the middle of a video meeting from my kitchen table, so I splurge on high-quality communications equipment.

When you start a business (even if it’s just a side hustle), it makes sense to consider splurging on high-quality equipment or paying for high-quality team members that can help you accomplish your goals. Just make sure that you are spending the money on something with true potential and that you aren’t just making an excuse to get something you want but don’t need.

Save time. You may also want to consider splurging when it can save you valuable time. If you can pay someone else to do a mundane task for you while you work on something that can earn you money or that is a better use of your time, it can be worth the splurge. We pay someone in the neighborhood $25 a week to mow our lawn and trim the edges. That’s an hour and a half that can be used to accomplish other tasks that usually more than pay for the money spent.

What do you think? What makes a splurge worth the cost?

Miranda Marquit is a freelance writer and professional blogger specializing in personal finance, family finance and business topics. She writes for several online and offline publications. Miranda is the author of Confessions of a Professional Blogger: How I Make Money as an Online Writer and the writer behind PlantingMoneySeeds.com.

The information contained in this blog post is designed to generally educate and inform visitors to the Equifax Finance Blog. The blog posts do not give, and should not be assumed to provide, personalized tax, investment, real estate, legal, retirement, credit, personal financial, or other professional advice. Before making any financial decision, you should always consult with the appropriate professionals who can explain your options, rights, and legal responsibilities, and advise you on any tax, legal, credit, or business implications that may result from those decisions. The views and opinions expressed by the authors of blog posts are their own views and may not be the views or opinions of Equifax, Inc. and/or its affiliates.

1 comment

  1. Leslie H. Tayne Esq. says:

    Interesting tips! Knowing where to spend and save your money is key to successfully managing your money. Determine which tasks are worth spending money on. If you know there is a task that requires professional help or if there is a task not worth your time, it may be best to delegate it and pay someone else to do it. Make sure you pick and choose which items and tasks to spend money on!

Leave a Comment

Name :

Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.