Why is Holistic Financial and Investment Planning Important? A pandemic changes the way people invest. For some, this means putting their money into assets that are safer. For others, it means rethinking how they decide how much risk to take. Others have to wait for the market to settle down….
Category: Debt
Even If You Pay off Your Credit Cards Every Month, Your Credit Scores Can Be Hurt by Large Spending
Your credit utilization measures the amount you owe to the creditors on your accounts against your total credit lines. If you charge a large amount to a card or multiple cards, it does not matter whether you pay off the balances immediately once you receive the bills, your credit scores…
Ways to Improve Your Credit Score All by Yourself
To have an excellent credit score requires consistent hard work. Many factors matter. Always pay on time, keep the credit usage low, keep your accounts open even though you don’t use the credit cards, and etc. One way to improve your credit score is to review all of your credit…
Things You Can Do to Pay down Your Debt Quickly
You can pay the debt down with determination. Find the extra money where you least expect it to pay down the debt. Skip eating out at lunch, and bring it from home instead. That can be $5 savings a day, which translates to $100 a month. Use it and pay…
Credit Score 101 – 1
New credit accounts for 10% of your FICO score. Now this means the amount of new credit applications, including the amount of recent hard inquiries and the total amount of new accounts you’ve opened in the last 60 to 90 days. Your payment history accounts for 35% your score. Work…