Thinking about the future can be stressful; probably why most put it off and worry about it later. Did you know that most Americans actually have less than $1,000 in savings accounts? Not matter what age you are at now it is never too late to start to look to build wealth for ... Read more...
What’s the Difference Between a Credit Report and a Credit Score
Many American consumers are unaware that there’s a difference between their credit report and their credit score. There is a big difference however, and it helps to know what the difference is. Simply put, your credit report is a track record of all of the payments that you’ve ... Read more...
Why Easy Credit Sucks
One of the easiest ways to understand why more young American adults have debt rather than savings is simply this; while it can take an entire year to save $1000 if you put $20 a week in savings, opening a credit account with $1000 in credit takes only a few minutes and can be ... Read more...
The Different Types of Loans and How They Affect Your Credit
Most people believe that, when it comes to debt and credit, all debt is created equal. They think that mortgage debt is categorized in the same way as credit card debt and that, the reason mortgages are harder to get than credit cards is because of the amount of money being ... Read more...
Top 5 Reasons that Using a Credit Card is better than Using a Debit Card
Millions of American consumers, if asked, will expound on the advantages of using a debit card, including the fact that it’s handy, saves them from not carrying around large amounts of cash in their pocket and helps them to not overspend. On the other hand, using a credit ... Read more...
Want to build your Credit but don’t want a Credit Card? Here’s How
Oftentimes one of the first suggestions offered if a person needs to either build or rebuild their credit is to get a secured credit card or, if that’s not possible, to become an authorized user on another person’s credit card. But what if you want to build your credit but ... Read more...
I Heart Credit Karma
Maybe I'm a little slow on the up-take for a personal finance blogger, but I just discovered the website Credit Karma and I absolutely love it. The account was easy to set up, they don't store your social security number, and you don't have to jump through any hoops to actually ... Read more...
Credit Score Surprise
A good surprise, actually. I got my credit report and score from Experian and it's quite higher than I thought. I won't post exact numbers (I kind of feel like that's like posting my weight or college GPA - there are some numbers only I should know) but Experian gives your ... Read more...