Category: Managing Credit

At some point, maybe a bit down the road, you are going to get paid for having money. But it is likely that right now, you are on the other end: you are paying someone else for access to their money.

When you borrow, the cost of using someone else’s money will be dramatically more if you have bad credit. So, before we start talking about how to get paid for the money you have, we need to discuss how to minimize the cost of the money you buy.

See all of our credit tips here.

October 9, 2019October 24, 2019

The Risks of Using Reward Credit Cards for Everything

Credit Cards Back Pocket Jeans Photo by Pixabay from Pexels

Making daily purchases with rewards credit cards can be risky. Before you decide, learn the difference between spending more than you can afford and budget creep.

August 28, 2019October 24, 2019

Start Saving for Holiday Gifts Now

Person Holding Mug of Coffee - Photo by Brigitte Tohm from Pexels

If you are going to spend 5 months paying off your Christmas spending, it is better to do it before Christmas instead of after.

July 31, 2019October 24, 2019

Is It Better to Build Emergency Savings or Pay Off Credit Cards?

See two examples that show why you should pay off your high-interest credit cards before you build your emergency reserves.

June 19, 2019October 24, 2019

A Cash-Out Refinance Does Not “Eliminate Debt”

A cash-out refinance can lower the cost of what you owe, but behavior change is the only way to actually reduce debt.

April 10, 2019October 24, 2019

How I Got An 830 FICO Credit Score and You Can Too

The more evidence you provide that you pay your debts, the higher your score goes.

February 27, 2019November 6, 2019

How to Decide Which Debt to Pay Off First

Learn why paying off the most expensive debt first is a much less costly approach than the Snowball Method.