Maintaining a strong credit history can be one of the most difficult lifetime challenges for people; especially young people just starting out. The paradox most people face is being able to establish credit without established credit! A good first step is to apply for a credit card with requirements that are easy to meet. Credit cards are useful financial tools and a great way to establish credit – but used improperly, they can be an easy way to rack up... [More]
So you've made it to part 3 of the Spring Clean Your Finances Challenge! (Or if you are new to the challenge, go to Part 1 and Part 2.) We're on the final stretch and the finish line is in sight! Here we go...
Day 5: Revisit Your Budget
If you had a successful day 4, day 5 is going to be a good one for you! You’ve saved yourself some money; now let’s see how that extra cash can best be used. Hopefully you already have a budget of some sort in place and track where your money is going... [More]
Having a good credit score is important. We all know that. We’ve all seen the commercials, been told who checks our scores and why, and heard horror stories about what can happen when you have a bad credit history. (But if you’d like a refresher on credit scores, read Credit Scores: GPAs for Adults.) But what if I told you that having poor credit can have adverse effects on not just your financial life, but also on your health?
Before I begin to explain my reasoning behind this claim... [More]