Money Today That Matters Tomorrow
Here are 10 good to know facts around one’s credit score, what affects it and how to deal with bad credit. 1. Credit scores really impact the purchase of a home Credit scores are driven by the record of paying bills and other debts reported to a credit bureau. Statistical …
Here are 5 quick formulas to help you quickly answer some common money and investing related questions: Q1. How many years does it take to double your money? A1 – Known as the rule of 72. Divide the number 72 by your estimated annual return. So for example, if you …
“”It takes less credentials to be a mortgage broker than a pimp on a street corner in Harlem…..Because a pimp needs references.” The Economist published an article about the need to educate the world about personal finance. On a much smaller scale that is one of the goals for this …
We have all read about and surely experienced the ever increasing fees and charges that banks and other financial institutions charge us. In the US alone, $36 billion in bank fees were charged last year to consumers. 1. Monthly Account Keeping or Service Fee The most common fee you pay for …
Let’s clear one misconception – creating a budget spreadsheet won’t make you any more money or make you rich. What it does is provide a framework to organize and track your finances. Ideally you would want to maintain a budget for six months to a year to get an idea …