Manage Money

Your credit score is one of the most important numbers in your life. These three numbers will decide what type of interest rate you'll have to pay on a mortgage or a car or personal loan. If your score is high, you'll have access to lower rates, which means your cost of borrowing could be very low. Perhaps your monthly mortgage payments would be hundreds lower than another … [Read more...] about DIY Credit Repair vs Hiring a Company: What You Need To Know

The Richest Man in Babylon by George S. Clason is a fascinating lesson in personal finance written in short, easy-to-digest stories. It was first published in 1926, but the classic parable style and timeless concepts about how to build wealth continue to provide value as if it was written today. Originally written as a series of pamphlets, the parables were eventually … [Read more...] about 7 Lessons from The Richest Man in Babylon: Build Wealth Like a Millionaire

"We're going to need a personal net worth statement..." That was what the loan officer said, as if it was the most obvious thing in the world. It was the first time we were trying to get a loan at a local bank for a property my wife and I were planning to fix up and sell. I panicked a little bit - what was a personal net worth statement? How was I going to come up with … [Read more...] about How to Create Your Personal Net Worth Statement (And Why You Need It)