It could be thinking about starting your own business. Perhaps you want to get into a position to own your own first home. Maybe your car is coming to the end of it’s lifespan and you will need to buy a new one soon. Whatever scenario life throws at you, keeping on […]
Your credit score has a huge impact on your personal and professional life. This rating of our financial trustworthiness is used to determine the interest rate you pay on debt, the dollar amount you can borrow- and, in some cases, whether or not you’re able to get a specific type of job. There are a […]
Authors’ note: Explaining personal finance can be pretty dull. That’s a problem, if you need to learn accounting or finance. On a plane from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some personal finance concepts inside of a quirky (funny?) short story? My goal here […]
“There’s a lady who’s sure All that glitters is gold And she’s buying a stairway to heaven.” (Thanks, Led Zeppelin) This may be hard to digest but it’s true: some wealthy people get into debt troubles- and there are plenty of reasons why. People may take on huge debts that can’t afford to pay off, and a […]
This article really made me cringe. “68% of Americans Destroy Their Credit Before Age 30”. Specifically, 68% of Americans make “at least one major financial mistake” about age 30, which results in negative information on their credit rating. If you have financial information and a plan, however, you can avoid these problems- at any age. […]
If you’re going to beat someone else to the South Pole, don’t tell anyone. In 1910, two groups attempted to reach the South Pole- and become the first people in history reach the pole. As this great podcast explains, one large, well-funded group was led by Robert Falcon Scott from Britain. Roald Amundsen led a […]
If you have a poor credit score, the impact on your finances can be substantial. Your options to obtain credit and pay a reasonable interest rate are very limited. Many people with poor credit cannot obtain a loan at all. Fortunately, there were steps you can take to improve your credit rating. One of those […]