Category Archives: Money Tips

What is a Credit Score?

credit score

You’ve probably heard about credit scores before and about how important they are. But what is a credit score, and why is it important? Your credit score is a number that lenders use to help them understand how likely a creditor is to pay them back. Your credit score takes into account if you’ve paid your bills on time, any

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Credit Card Basics

credit cards

If you want to avoid credit card debt you have to understand what credit is. In case you haven’t figured it out yet, the credit system works against you, unless you are prepared. And since it is an unfair game, you need to know the rules. Once you know how credit works, how compound interest works, you can start using it

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Mortgage Loan Basics

mortgage loan application form

Mortgage loan – A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate; – wikipedia If you own your own home you may not even think of your mortgage as debt. You may even believe that the house is really yours. Well, it’s not until you pay off

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5 “G’s” That Hold Value During a Recession

recession

During an economic recession, we should all be prepared for the worst. Arbitrary possessions and luxuries become less attractive during a downturn. Basic necessities (like toilet paper during covid) become coveted and demand for these can skyrocket. When an economy fails, fear grows. People start seeking out items that they believe will keep their family safe. This post is about items that gain or

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