Category: Tips, Tools & Resources

Home » Tips, Tools & Resources
Five Steps to Credit Repair
Post

Five Steps to Credit Repair

The first step is understanding how credit works and begin making a plan. Lock away your credit cards. Now, do not close your accounts just yet. If your credit rating is poor you may have a difficult time getting new cards. The first step is to stop using them and stick to your immediate goal...

Understanding Credit Reports
Post

Understanding Credit Reports

Maintain Your Reputation The loan officer keys your application information into the computer, but you are thinking of the new ride you are going to buy. Those thoughts are interrupted when the loan officer drops the bomb. You do not qualify for a loan; you credit report has too many negative events. Poof – the...

Tips for Students Going Off to College
Post

Tips for Students Going Off to College

Stick to a Budget The word budget scares off many adults as well as teens, but a budget is the best way to ensure discipline with your finances. Start by estimating monthly expenditures for major categories such as school expenses, transportation, food, clothing and entertainment. Keep tabs on spending with an Excel spreadsheet or keep...

Making a Budget
Post

Making a Budget

Making a budget is the most important step in controlling your money. A budget allows you to track your Income (the money that you have) and your Expenses (the money you spend). By writing down your monthly income and expenses, you can see how much money you expect to have for the month and plan...

A Dozen Ways to Save your Paycheck
Post

A Dozen Ways to Save your Paycheck

Pay yourself first! Decide on a specified percent of your take home pay for savings and set those funds aside before paying any other expenses. Collect coins in a jar. Bank your refunds. Rather than spending an income tax refund, use it to pay down a high interest credit card debt. Continue paying a loan....

Post

Holiday Budget Game Plan

Financial stress can take the joy out of the holiday season, but there are some small steps you can take to limit spending during this time of year. Budgeting: Budgeting is one of the simplest ways to save money. Allow yourself a certain amount to spend on various holiday needs and be diligent in staying within your...

Money Strategies for the Self Employed
Post

Money Strategies for the Self Employed

It’s feast or famine for a lot of self-employed individuals including freelance writers, artists, seasonal workers, and those working on commission, but it doesn’t have to be.  With a budget and some discipline, even workers with fluctuating incomes can experience some of the stability that their 9-to-5 friends and relatives enjoy.Minimize Fixed ExpensesYou have to...

Post

Building Your Savings

At any point in time, a person’s income probably won’t always be enough to cover all of the expenses when there is a time of need. As a result, plan sooner, rather than later, to implement a savings strategy to begin, or increase, personal savings levels as needed so an adequate amount of funds can...

Post

Moving Up: Weighing Whether to Rent or Buy

Buying a house can be a life-changing experience.  Each step along the home ownership journey requires either a good deal of time or money: The time to select and meet with a mortgage lender and gather the necessary information to determine the borrower’s qualification for a home mortgage; The time to collect, in addition to,...