Chances are you've been pitched a retail card more than once. Usually it goes something like this: "Will you be saving 10% using your [name of store] card today?" The hope is you'll find the prospect of a discount alluring enough to sign up. But should you?
When it comes to saving money, too many of us try to cut expenses in the short term in ways that are almost guaranteed to cost us much more down the road. On NBC's Today Show, personal finance expert Jean Chatzky talks about how to avoid seven big mistakes that fall into the category of penny wise, but dollar foolish.