The Top Benefits of Multiple Credit Cards

Uncategorized May 25, 2022

Ready to play the credit game? If yes, then this strategy can be a gamechanger for you. While there’s stigmas that surround opening multiple credit card accounts, it can actually have great advantages when it comes to building healthy credit. If you stay organized, keep an eye on your accounts, and maintain activation, then you’ll certainly win!

Here’s all the perks you should (and need to!) know about when it comes to opening multiple accounts…

Receive Rewards.

Credit cards have amazing rewards systems that can add up beautifully when in good standing. From discounts on flights, restaurants, delivery services, hotels, gas, supermarkets and cashback opportunities there’s an abundance of benefits points can earn you (I mean, no one ever hated a discounted vacation to the Bahamas!). The best way to play this is to open cards that have different offerings in order to optimize the variety of advantages.

Maintain a Low Credit Utilization Ratio.

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Romance Gone Wrong

Uncategorized Feb 11, 2022

In the spirit of love this Valentine’s Day, we all want to embrace the idea of being swept off our feet in a fit of wild romance. Chocolate hearts galore, cards of sentiment, luxurious candlelit dinners, and beautiful long-stemmed roses all delight our imagination. Especially if you’re single, you may be fantasizing about the idea of meeting a fabulous new person during this season of adoration (it would make for a cute story!).

While being open and receptive to building new relationships is encouraged, there are some romance scams to be aware of. In the era of digital dating, safety precautions may be less secure than meeting someone organically or through mutual friends. This isn’t to say online dating can’t be successful, there are plenty of stories proving otherwise. However, what you want to be extra careful of is the validity of the person behind the screen.

 The FBI reported that in 2020 victims of romance scams lost more than $281 million!...

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Becoming the Boss of Your Identity

Uncategorized Feb 01, 2022

 In our digital-dependent world, it’s fair to say our risk for identity theft has increased at exponential rates. While social media is fun and a great way to network, it’s also a great place to expose an immense amount of personal information without even realizing the consequences. Privacy has certainly become a thing of the past with our selfies plastered all over our platforms, geographical locations broadcasted, personal information shared (hello Facebook personality quizzes!), online banking accounts, camera-laden devices, and of course being able to save your credit card information after any online purchase.

 These things have become so normalized that none of us think twice about halting our morning scroll to assess the potential risk this puts us in. It’s been reported that in 2019 there were over half a million cases, making it one of the worst years for identity theft of all time, with the trajectory going up. And in 2021, identity fraud...

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3 Reasons Why You Should Start a Side Hustle in 2022

Uncategorized Jan 14, 2022

 As the holiday season comes to a close, you may be finding yourself where many are finding themselves- in spender’s remorse. Maybe you overcharged your credit card with holiday gifts that far exceeded your budget. Or hit up all the spectacular post-holiday sales for a stylin’ new wardrobe. Perhaps you even found yourself stopping every morning for one of those $6 Starbucks Gingerbread Lattes to get yourself into the holiday spirit (I know, they’re so good!). Whatever the situation, I’m sure you were also hoping that the stroke of midnight would not only bring a brand new year but also Cinderella-like powers that would magically erase all your debt with it. 

 

Welp. Nothing crushes our big vision and mile-long resolutions list more than waking up on January 1st to see our bank account, credit score, and card balances have all tagged along for the new year adventures. While 2022 may not have come with a completely blank slate, it has come with...

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Go ahead, steal my ‘Word for the Year?’

Uncategorized Jan 01, 2022

Each year, as part of my goal setting and planning for the months to come, I pick a word for the year. I’m curious, do you do this too? We perpetuate what we focus on, so in naming my year, I’m putting into motion a self-fulfilling prophesy and my word permeates each aspect of my life, my work, and my relationships. It’s amazing the power you can summon to create your future just by naming it. And this year, my word of the year is ‘Focus.’ Feel free to join me and use this as your word for the year too!

Now that we’re well clear of the holiday season and those holiday shopping orders have stopped arriving in the mailbox, many of us will be longing for some focus on our finances. If you have some financial goals this year to buy a home, pay down debt, or replace your car, you’re going to need some focus on your credit health to get those things done. And I’m here to help! Here are three tips to shift your focus to improving your credit...

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Keeping Your Finances Healthy This Holiday Season

Uncategorized Dec 08, 2021

 

 

It’s that time of year again - holiday shopping, online sales, and that ever-growing list of gift-giving and family parties are on the horizon. Aside from your main gift list, you may find yourself easily swept away, giving $20 here and $20 there, and before you know it you’ve spent at least another $300 in addition to what you anticipated. Trust me, we’ve all been there!

 

That’s why it’s important to take the time now before the frenzy begins to center back to your credit goals. Evaluate your finances, understand your debt, and keep your eye on the prize by setting a reasonable budget for your holiday shopping. By pre-planning your purchases, you can avoid walking (or clicking!) into stores blindly. Being proactive is the key to a debt-free holiday season because the truth is no one who loves you wants to receive a gift you can’t afford!

 

Below is your go-to guide to pre-planning your list!

 

 

  • Set a budget. ...
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The Talk Your Teen Needs

Uncategorized Nov 09, 2021

Oh yes, we all remember those teenage years- young, free, living life to the fullest! 

 

While we may want to forget about that outrageous hairstyle, overwhelming hormonal acne, or first crushing heartbreak, there were so many admirable qualities we embodied during those innocent times. Accompanying these live-life-large years, we might have also acquired some lasting consequences to some of our naive choices, especially when it comes to credit.

 

If you currently have a teenager, be sure to have the talk with them.  

No, no not that talk! The one about their financial future! 

Teaching teens about the lasting impact of their financial choices can save them from lots of struggle in early adulthood, plus provide them with more opportunities. The truth is most teens aren’t even thinking about these things just yet, so building awareness is vital in painting the long-term picture. 

 

Here are a few key credit lessons to share with them now....

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Credit Boosting Secrets for First-Time Homebuyers

Uncategorized Oct 21, 2021

We’re approaching that season where the leaves begin to change color, pumpkins are displayed beautifully on front porches, and don’t forget that perfectly layered autumn wreath hanging on front doors.

 

Families hire photographers to come over and snap stunning portraits of the enchanting, vibrant season as they wear matching flannel shirts, toss leaves in the air with a fit of laughter, and capture the essence of their loving family, in their most sacred environment- home.

 

As a credit expert helping individuals and families become empowered and established with their credit scores and savings, one of the most common requests I receive is how to successfully prepare for first-time homeownership when dealing with debt or poor credit.

 

If that’s you, and you desire to purchase your first home and grow (or maybe even start!) your own family, then today’s article is a must-read!

 

First, I want to remind you that you are worthy of owning...

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Don’t let your brain fool you into making this credit mistake this fall

Uncategorized Jun 21, 2021

Human beings are wired for new starts. We set resolutions for January 1, we look forward to “things getting back to normal” when the kids return to school; we also anticipate the beginning of the week, the beginning of the month, and the day we return from vacation.

Looking forward to these new starts can make us very productive... But it can lead to a negative impact on our credit scores as well.

Here’s why:

 

We tend to have a very narrow definition of what’s normal. This fall, “normal” is typically defined by those few weeks in September and October when the kids are in school 5 days a week and we’re back to work 5 days a week and all the regular commitments of sports and music lessons are starting back up. During this time of the year, it’s easier for us to embed new and improved credit habits into our daily routines: We check our credit reports, we follow a budget, we pay off our credit cards, and we make sure our...

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3 Credit Mistakes You’re Making Right Now

Uncategorized Jun 10, 2021

Most of us think we’re being very careful of our credit. That is, until we try to get a loan and are declined! Then the reality wakes us up and makes us realize that we could have done things so much better. Unfortunately, there aren’t any do-overs so do yourself a favor and read this article to make sure that you aren’t making any of these 3 mistakes...

Mistake #1. Not paying down your credit card.

A credit card is a great tool and it’s something that I recommend most people have. In fact, you should have many of them! However, it’s also important that you pay them off right away. Or, if you’re not able to pay them off right away, you should at least pay them down as much as possible. Paying the minimum amount is important but it’s only the beginning. Instead, you should be actively paying more than that amount each and every month, with the goal of keeping your balances low.

Mistake #2. Keeping important personal information on your...

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