I have a motto: “Say NO to FICO, I’m working on my DEBIT SCORE”. FICO is the company that collects consumer credit data. They are in the business to sell this information to companies and offer to sell it to you with your “Credit Score”. Each of the components to creating a credit score have to …
Myths vs. Truths
Myths vs. Truths: The Truth About Flood Insurance
Myth: My house isn’t in a flood plain so I don’t need flood insurance. Besides, it’s too expensive. Truth: You need flood insurance, and it’s so inexpensive you’re foolish not to get it. This subject confuses a lot of people. Why would you need flood insurance if you’re not located near a …
Myths Vs. Truths: The Truth About Saving for Retirement
Myth: I can save for retirement when my income increases. There’s always more time to invest. Truth: Time is running out and waiting to invest guarantees you an undignified retirement. Let’s use the example of brothers Ben and Arthur. Ben decides to start investing just $2,000 per year when he …