If you’ve wanted to change banks for a long time or are currently in the process, you’re not alone! Government regulation has made banks less hospitable to the average retail banking customer. The added cost of regulation, oversight, and compliance means that most banks lose money catering to the average banking customer who just needs […]
It’s easy to throw out your budget and get entirely carried away shopping during the holiday season! The excitement and urge to give makes carefree spending seems like the only way to go. As fun as the holiday season can be, it’s very important to keep a close eye on your keeping to regular budget […]
Total household debt in the United States is over $2 trillion. What’s shocking is that dollar amount does not include mortgage balances owed on our homes. Carrying a balance of consumer debt has become the norm in the United States. If you’re seeing the negative effects of carrying too much debt starting to impact your […]
The same as how good habits can help to make you rich, there are countless bad habits that will make you poor much more quickly. Bad habits are never easy to break, but when the damage caused by these common practices is put right before your eyes, you will be motivated to get them out […]
If you’ve ever had your identity stolen, you know the overwhelming feelings of frustration, fear, and stress bubble to the surface. Here are some direct actions to take immediately after your identity has been stolen in order to re-establish your credit. 1. Obtain a copy of your credit report This will be like a road […]
Debt can feel like a burden on your shoulders weighing you down through every step of life. Every time that you finance another new purchase with money that you don’t already have, you’re adding weight to that lifelong burden. Make it a resolution that this is the year you remove that burden from your weary […]
Maintaining a solid credit rating is vital to the future of your personal financial success. One challenge with credit though, is that it can seem impossible to get offered credit unless you already have established good credit. Starting from scratch with no credit history can make gaining traction in the financial world seem like an […]
The first step to improving anything is to find out where you stand currently. Obtain a copy of your latest credit report. Once you have a position established to work from, you will know where you stand and you can take action to raise your score. There are numerous companies that advertise a “free” credit […]
Many people struggle to manage their credit card balances while keeping their credit score in good standing. If you apply some of the very simple tips and tricks outlined below for managing balances and monitoring your credit score, you will find that they can be an extremely useful. Instead of slaving away in service of […]
Being in even a small amount of debt can keep you up at night. Paying off debt is a simple task, but it can take a long time and a lot of discipline.
Financially Fit Formula