New Year, New You – Budget Resolutions

Sometimes the little things really do add up and if you follow these ten steps you may find a wealthier and money smart you is right around the corner. Following these steps may help you achieve less stress and better health. Try these ten rules to live by in 2011: 1.       Live with less wants...

To Bank or Not to Bank? Is THAT the real question?

I recently met with a couple who were dead set against ever having a checking account again. It’s not that they didn’t understand the value of a checking account but that they had gotten themselves into trouble writing checks for more money than...

Myth or Reality: The Credit Reporting and Scoring Systems Unfairly Hurt Low-income Individuals

I’ve frequently heard from participants in my “Credit and the Interest Insomniac” workshops, as we discuss credit reports and scores and they have a real dollar-value impact on household finances, that it is not fair that individuals with less income have to pay higher interest rates. This is especially true when I <a title="FICO Mortgage...

Turning the Torture into a Treasure

I’ve heard a number of people in my financial education classes tell me, “I’ve tried to budget, but I’m just not a budgeter. Budgeting doesn’t do anything for me.” To anyone who has ever felt this way before, let...

Teaching Children Finances: Online Games for Kids

Using Online Games to Teach Your Children about Finances Here is an excellent list put together by the Washington Department of Financial Institutions on the Financial Education Clearinghouse portion of their website. You may visit their website by clicking here: Visit Washington Department of Financial Institutions Website. Below are links...

Top 3 Personal Finance Tips

I’ve answered the golden question many times in my classes and presentations: “What is the number one suggestion you have for financial success?” In all honesty, don’t we already live in a society that’s plenty busy and plenty complicated already? Why throw on our shoulders another five, ten or twenty financial skills to master? Each...

Bad Credit | How to Successfully Overcome it

How to Raise Your Credit Score In order to judge an individual’s creditworthiness, they are subjected to a process that gathers information, mostly from credit bureaus, that depicts items such as a person's bill payment history, debt to income ratios and other metrics. The process was created to assist banks in mitigating their losses due...

Erasing Debt

Wouldn't it be nice to simply erase your debt? I saw an ad this morning that said something to the effects of "Erase your debt, it's fast, easy and we do all of the work for you!" Folks, don't listen to these ads. There is no magic debt eraser. When it comes to repaying your...

Credit Card Relief

In desperate need of relief from your overwhelming credit card debt? Truth is your not alone. Things can tend to spiral out of control when your credit cards are at their maximum and you find yourself paying more and more towards interest and less towards the balance of the cards. Relief can come in various...

Resources for Dissatisfied Consumers

Businesses rely on our purchasing decisions for their own success, which gives us, the consumer, the power to determine whether a company stays in business or not.  But what if you have already made a purchase or received your service and are dissatisfied with it?  What types of actions can you take to rectify a...