For most people, reliable transportation is about as important as food and shelter. Unless public transportation is really convenient from your home and work, or these two places are really close together, it would be difficult to live without a vehicle of your own.
Posts Tagged: Blog
When we educate consumers about achieving financial freedom, goals come up early and often. Setting goals is an essential early step for anyone who wants to achieve success, whether that involves financial, personal, career, spiritual or any other area of individual achievement.
One cannot put a price tag on the love and companionship a family pet offers, but pet ownership does carry a financial cost that can make it harder to balance a household budget.
Making regular monthly payments on your debts is the best way to improve your credit score, and late payments are the most significant cause of bad credit. That’s why we stress making your payments on time every month as the most important thing you can do to build a positive credit history as you work your way to financial freedom.
The best tool for teaching your kids about money is an allowance. If you want your children to grow up with good financial sense, you need to start early with a regular, consistent allowance. Giving your kids a source of income and the responsibility of managing it will teach them lessons to last a lifetime….
When it comes to signing the back of your card, you’ll get different answers depending on whom you talk to. Your credit card company requires you to sign your card for it to be valid.
We frequently see married credit counseling clients who come to us by themselves and do not want their spouses to find out about their debts.
Either one partner has secretly been using credit cards without his/her spouse’s knowledge and has gotten in too deep, or one person in the relationship is responsible for managing all of the family’s finances and, having failed to keep debt under control, doesn’t want anyone to find out.
In short, your credit utilization is the percentage of total credit used in comparison with the total credit available. Calculate your utilization by dividing your balance by your limit. For a simple example, let’s say you have one credit card, and it has a 10,000 dollar limit. If you owe $2,500 on that account, your…
Do you want to close a credit card account but are unsure how it will affect your credit score? There are many reasons why we may want to close a credit card, such as avoiding annual fees, too many fees, high interest rates, or unsatisfactory customer service. Whatever the reason, please review the following to determine what is best for you:
The Fair Isaac Corporation FICO™ states “They would never recommend closing a credit card for the sole purpose of raising the score.”
Consumer credit reports can vary in the way they look and the order information is listed depending on which of the three major national credit-reporting bureaus provided the report. Consumers can obtain their free credit reports once every 12 months at www.annualcreditreport.com. If you believe that there is inaccurate information on your credit report, it’s…
If you’re paid bi-weekly on Fridays, then this month might be a 3-paycheck month for you. It happens roughly twice per year for those workers who are paid every other week, and for many of us, it’s like winning a small lottery jackpot.
But rather than squander that occasional 3rd paycheck in a month, use those funds to help bring your personal finances into balance. Here are 5 suggestions for getting the most out of that extra paycheck:
Many student loan borrowers will end up on the phone with collectors, loan officers, or other interested parties hoping to ensure that loan payments will be made on time. With student loan debt at unprecedented levels, many more borrowers are destined to have these conversations. We have 5 tips to bear in mind when talking…