Good morning! Have you ever been behind on your bills at holiday time and wondered which one should pay first? Here’s your answer.
3 days ago
Ahh, what's a trip without your only pair of jeans... Less to pack.. Less to pay for...
More to Invest... I am a minimalist at heart, so if I am shopping and I don't absolutely love it, I leave it!
Less Stuff More Substance... #PurseEmpowerment
I did peruse a few a stores, nothing worth a swipe...#PurseEmpowerment
1 week ago
GOOD CREDIT TIPS// This jumpsuit, in white, was my only cyber Monday purchase⠀
The only thing sexier than a good sale is GOOD CREDIT ⠀
I Learned the hard way HOW EASILY credit can be affected 🤨⠀
I JUST got my credit score UP these last few years following the advice of @DrShlof , and then Bam! It took a hit without me knowing what I was doing wrong in just ONE MONTH.
With the wedding, I had high credit card utilization- NO debt or late payments even. ⠀
Even though I had the money to pay it off, I was doing it incrementally and on time because I thought I could- BAD IDEA! ⠀
Good idea: Have multiple lines of credit but you actually want the utilization to be LOW
What this means ⚡️don’t just pay your minimum balance, pay off as much as you can as soon as possible !!! ⠀
It’s easy to feel like you need more, and shopping can produce addicting, feel good hormones but truly no clothing or shoes is more important than good credit⠀
Don’t over extend yourself EVEN IF ITS A SALE! ⠀
Bad credit can affect you for years!!! ⠀
Tips from @drshlof
1. Don’t open credit cards to save at stores (aka say no whenever they ask as it usually damages your credit more than you’ll save)⠀
2. Ask your CC company to raise your credit limit every few months (this keeps utilization low, as long as your careful not to use that credit or over extend).⠀
3. Don’t wait for your bill to come out to pay it down- this way you can use your credit limit, without it being reported to the CC bureau and won’t affect your score. You get CC points this way too. ⠀
4. I track my score for free using @creditkarma (It also doesn’t affect your score if you do an inquiry, whereas if applying for a new card it does impact your score) it’s an app and I get notifications when it goes up and down ♥️🌙
1 week ago
#ad Did you know that more than a quarter of Americans expect to go into debt this Holiday season? Yet, there really is no need for this wonderful holiday to be that stressful. We partnered with @creditkarma to bring you some great solutions.
Credit Karma is not just about your credit scores or tools to help build your credit. There are great resources that Credit Karma offers to be better equipped at financial decision making during this time. From offering credit card recommendations, to sharing personalized recommendations on ways to use your credit more wisely -- they have a lot of free resources for all. If you are looking to make a purchase where finding a loan is justified or necessary, like buying a car, then Credit Karma is my absolute favorite option for searching for that, and having the convenience of their mobile app is incredibly useful.
The Holiday season is one of the best times to get a new car. We are actually starting to look at different car options. Did you guys know that we only have a small 5-passenger car? We have always been a 1-car family because of our firm desire to leave as small of a carbon footprint as possible. So, we choose walking or other means of transport to keep our driving to a minimum. Now as Nikola is turning 16, getting his Driver’s License, having a fully independent life of his own, and with car technology coming so far in creating eco-friendly options, we feel that we are ready to make the move to expand into a 2-car family.
Having the ability to compare different car loan options in a simple, clear, and easy way, without having the headache that comes with car shopping is very helpful. It saves so much time, and it helps to see very clearly how much you might pay, and assists in making a really good financial decision by understanding which spending option may be best for you, if any.
So, I’m putting a few more facts in the Stories. Tell me, how do your Holidays look like? Do you budget ahead of the year? Are the Holidays expensive for you? We try to keep ours to a minimum and only spend money on purchases that make a lot of sense.
Are you a Black Friday shopper?
This is why it's so important to plan ahead. It takes a while for the credit agencies to properly score your account. That last big dip is due to "closing an account" which was my car loan. I was penalized for paying it off. Our credit system needs a bit of an upgrade in my eyes. A segment of the population is scored low for not having any diversified debt. They want to see you have debt. It's insane. I know of people taking out a car loan to diversify their debt so that their score increases and they get a better rate when buying a house. SMH We should also have a better tracking system for all those years we paid rent on time. I know people are working on it and I'm glad but it just blows my mind how sensitive this score is. I'm going to keep digging into mastering my credit score in a way that works with my overall strategy. I'll keep y'all posted.
Cool Credit Tips #2 🤑
Closing Accounts .
Closing accounts in good standing can possibly lower your score because it’s removed the positive payment history.
Keep account open and current! .
For more cool tips follow me ➡️ @charliettecummings
Want to know how my husband and I boosted our credit scores by 280+ points? Click the link in my profile!
Contact @precisioncreditrepair First step to financial freedom is good credit! Start today! You can DM OR Text “INFO” to (850)570-2154! @precisioncreditrepair powered by @iceentpromotions
#fixmycredit#credit#creditunion#creditcard#crediteducation#creditispower#creditmatters#credito#creditos#credits#creditgoals#creditagent#creditscore#creditking#creditqueen#creditcarddebt#credittips#creditrepairagent#creditrepair#creditcards #creditsuisse#creditrepairservices#creditsweep#creditrestoration#piccredit#creditcoach#creditkarma##creditiphone #iceentpromotions