A new law is coming into effect on September 21. The three credit bureaus: Equifax, Experian, and TransUnion will be required to freeze your credit for FREE if you so choose. They used to charge $10 every time someone wanted to freeze their credit, but it will not even cost a dime with the new law.
Once your credit is frozen, the freeze locks your credit file so that a lender, a creditor, and not even a cellular phone company is able to access your credit. It might seem like … Read More
It is time to enjoy some calm!!!
Each year during the holidays, I enjoy listening to that famous
Christmas song, “The Most Wonderful Time of the Year sung
by Andy Williams. Although it is supposed to be a joyful time,
I see many people feeling the Christmas blues. We are faced with
added pressures like Christmas cards, baking, shopping,
traveling and decorating. Not to mention we tend to enjoy
delicious food and celebrate with drinks this time of year.
So what can you do to make it the most wonderful … Read More
The stock market continues to perform well.
As long as the stock market continues to climb, everyone is excited. (clap, clap, clap).
People fully invested have increased their net worth as of late, but half the population still stays away from putting their money in the markets.
Let’s face it: people are scared they will lose money. Markets must correct and go back down at some point. Having patience and staying calm during market fluctuations can be hard for some people to stomach. However, the good news is that they … Read More
In every relationship, money is a major focal point and stressor. It is no secret that money is a leading cause of divorce in our country. There is a strange phenomena in our society because couples treat money like a taboo, a subject not to be touched. The reality is money is the thing couples should focus on proactively together because so much of the problems that stem from poor financial management can be easily prevented.
Money has a negative connotation in a relationship and ultimately leads to a divide … Read More
Spring is in the air, and that means many people are cleaning out their homes and eliminating excess clutter. Unfortunately, houses are not the only areas that become messy; finances do too. As credit balances grow and interest begins to amass, it can be tempting to ignore debt and continue paying only the minimum toward balances.
However, it is important to view money as a tool. Even if you can easily afford the payments on your debt balances, you are still wasting valuable resources that could be used to build … Read More
Congratulations to those that successfully made the April 15th
deadline to file taxes. If you didn’t file your taxes, hopefully
you filed the extension that gives you until October 15, 2013.
So what is the best thing to do if you have a Tax Refund?
Well, most people will find every way possible to blow
it on things they want.
I advise you to do one of two things:
1. Put the money into your Smart Fund.
Your Smart Fund is 7 months worth of expenses in a savings account… Read More