Your credit score can play a big role in your life If you’re telling yourself, “So what? A credit score is just a 3-digit number some greedy credit agencies decided to think up. It won’t change a thing”, you’re partially right. Credit scores haven’t always been around to have us looking over our shoulders to
The savings rate has been erratic of late The personal savings rate in the United States before the economic meltdown had been hovering around 7% of disposable income since 1929. While that isn’t a particularly high figure, it still provided some degree of financial protection in case things went sour. Well, they did, and most
Why diversify investments? Even though we have all heard the axiom that you should diversify your investments, many of the jaw-dropping success stories we hear in the news happen because someone went all in and won. Unless you have been sitting on some brilliant idea or something of the sort, going all in on one
Holiday spending can spiral The temperature is dropping, winter is almost upon us, and stores are beginning to turn up their advertising pitches. All of that alludes to one thing: holiday spending is almost here. It’s one of the warmest and most enjoyable parts of the year. Simultaneously, it can also be one of the
Bankruptcy pros and cons are numerous Most people are unfamiliar with bankruptcy pros and cons. Many simply view it as a last resort, only to be used to start from scratch when there is no way out. There are others that believe it’s a good Plan B in the event that investments go sour. Which
How America became addicted to credit cards America’s credit card addiction didn’t pop up out of thin air. Debt has been around almost as long as we have. Whether it was in the form of some bartering agreement in old English times, or in the form of some rectangular piece of plastic, the effects of
