As glamorous as extreme couponing may be to some… it’s likely not the picture you had for your financial situation. Being a multi-millionaire, owning some property and a few lucrative investments… sounds a little more like it, right? While I can’t promise that you’ll be the next Warren Buffet after reading this article, I can make sure that you’re at least able to get your expenses under control.
The essential component to most financial goals – unless, of course, you’re a trust fund baby – which I am not. And if you’re like me, then you need this simple guide to understanding your credit.
Whether you’re preparing to buy your first home, self-fund a business idea, or need to upgrade your ride, your credit will likely be front and center for the process.
Your credit score is the key indicator that lenders use to predict creditworthiness. If you have a history of paying your debts in a timely manner each month, creditors see that as the model for how you will handle future credit obligations – and they will see you as less of a risk for extending additional credit.
I’ve compiled a short list of the top tips to help you better understand how your credit score works and how you can improve it!
We have just hit that time of the year where we are in full transition. Happy June. Not only is this the month of reflection – mainly because we are passing from the 1st half of the year into the remaining 6 months – but it’s also the month of the reboot; and yes, that includes your finances. We’re a few months past spring cleaning but it’s now time for a midyear financial checkup.
Money is one of those topics that does not improve (or go away) if ignored. Before any more time gets away from you, let’s evaluate those annual goals and see if you’re exceeding expectations, right on track, or in need of a little help to get back on the road to financial security. Don’t worry, if you’re not sure where to start, I’ve made it easy for you. Keep reading for my top tips to a painless mid-year financial checkup!
There is often a negative opinion of both money and relationships. This is probably due to the countless reports of money being a leading cause of divorce. But there’s a flip side. If you’re willing to have an open line of communication and are able to make financial decisions together, then money doesn’t have to be a negative topic of discussion. In fact, it could actually bring you and your significant other closer together.
If you’re new to your relationship or you’ve had a bad experience, with discussing money issues, in the past, you may be wondering when is the right time to have the dreaded money talk. Don’t stress about this and don’t rush it! Every relationship is different and there is no right or wrong time. Just be sure that you are in a serious committed relationship, where sharing finances and resources, is something that you’re starting to engage in – there’s no need to expose your most personal information, if it’s not warranted.
No couple moves at the same pace as another. But when the time is right for you, it is important that you are able to have an honest and respectful dialogue. Keep reading, for my top tips on how to have a great conversation on money; one that brings you closer together.