My husband and I experienced financial ruin like so many in the last few years. When the economy went into a tailspin, so did our credit scores. We had worked so hard to build up a good reputation and it seemed all was lost in just a few months. After talking to an attorney we decided bankruptcy was best for us. The problem is that, while the bankruptcy might stop credit collectors and offer a fresh start, it does not help with your credit score. In fact the bankruptcy does more damage to ... Continue Reading
Learn how to easily improve your credit score after suffering financially or through a bankruptcy.
Teach your kids how to spend and save their pocket money.
There really are no hard and fast pocket money rules that parents and kids everywhere should follow. Your family's pocket money rules will depend on the preferences and needs of your own particular family. However, it's generally a good idea for kids to have some sort of pocket money, even from as young of an age as four or five. Having a their own money to spend allows children to understand spending and saving, and the value of a dollar. Although there aren't set rules, here are some things ... Continue Reading
Here are five reasons why you should cut up your credit cards today and take charge of your finances.
Maybe you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. But if you are part of the majority of Americans who owe $9300.00 or more on credit cards, it may be time to cut up your credit cards. Here are five reasons why you should cut up your credit cards today and take charge of your money. 1. You will never get out of debt. Let’s face it, without self control when it comes to your ... Continue Reading