If you have a good credit score, you should be able to get a credit card with a zero percent interest rate. That can come in handy for surprise home repairs. The trick is that the zero rate is good only for a set introductory period of a year or so, which means you will need to shop for a new card deal when your old zero teaser rate expires. You'll want to make sure that you don't use the card for anything other than home repairs and that your zero rate applies to new charges (some cards offer the no-rate option only on balances transferred from other cards). The Discover Platinum card comes with a zero rate on new purchases for one year, while American Express Blue offers a similar deal for the first 15 months.
Oprah & Friends host Jean Chatzky asks Smart Money's Barbara Goodman what it takes to retire well before age 65.
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.
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