The Costs of Owning a Car


You have a good job and you are getting a decent income. You feel independent and happy that you are actually accumulating more money than you are actually spending. Having more income and lesser expenses is the key to financial growth and independence . But just because you have a fat paycheck, does it actually … Read more

10 Tips for Fixing your Shopping Addiction

shopping addiction

Addiction is the cancer of the mind! From gambling to shopping addiction! There are many kinds of addictions that can surely destroy a person’s life, especially if that addiction is not acknowledged and not kept in check. Even if you are not a shopping addict and know how to manage your money, knowing the following … Read more

How to Fix Unmanageable Debt

It is not a pretty sight to see debt collectors knocking on your door, calling you day and night, taking your car away, or even seizing your home. What makes it even messier is that some people in debt, ignore collection letters, change their contact numbers, leave no forwarding address, and try to ditch. Don’t … Read more

Top 4 Bad Credit Habits

Buying items you can’t afford This is a no-brainer. People usually use credit to buy things because they don’t have cash on the spot. Not a problem if you can pay it off completely. However, it becomes a bad credit habit if they buy something that they can’t afford and are forced to finance the … Read more

How to Erase Bad Credit

fixing bad credit

Let’s say that you suddenly lose your job or have some kind of accident causing some kind of unexpected medical expense. You handled the unexpected road bump well and paid off the debts you just had. Through all of this, you think your credit is unscathed because you always paid your bills on time. However, … Read more

Discount for not Using a Credit Card?

credit card

The Typical Credit Transaction For example, if I buy an item that costs $100, the merchant is actually getting $96. This is because the merchant pays $4 if the there was a 4% processing fee every time a customer uses their card at the merchant’s store. Although the percentage varies among card issuers, it does … Read more

Applying for a Loan

apply for a loan

Applying for a loan should not be so difficult if you have solid credit card history. Difficulty on actually receiving a loan will depend what kind of loan you need? Do you need a personal loan? A loan for a car, house, school, and etc. Regardless, having a good credit history will really help with … Read more

Tricks to Improve Credit Score

credit score tricks

So you came here to learn some tricks to improve your credit score? Good for you! What I’m about to share with you are some common tricks that can help you improve your credit score. Show you are not a flight-risk! The first tip is to show you are not a flight risk and this … Read more

The Bank Point System

bank points

As stated in an earlier post, banks use some kind of point system to classify and determine whether or not you can be a good borrower. Banks understand that there are risks to giving a loan out to borrowers so they have a system to help decrease these types of lending risks. To make it … Read more

Why Banks Lend Money

credit history

Do not forget the fact that banks are businesses and make money through interests, fees, and other service charges. Banks will happily give consumers loans knowing that they profit when the borrower pays them back with interests. If the borrower can’t pay back the loans, this will affect the borrowers credit score and, on the … Read more