(1) With high inflation, debt is cheaper to pay back. If I take out debt, whether a credit card, student loans, a mortgage or any way, the debt is cheaper to pay back in the future. And the system is designed this way, so people rack up debt, aren’t educated on personal finances and the…
There are many important decisions to make when choosing a financial advisor. Below are 5 questions to consider asking one if you are thinking about hiring. 1) Are you compensated by commission or assets under management? And this is important because certain advisors are paid by what products they sell. This can be this a…
Today we’re going to discuss FICO score , what it is, the components and how to improve. First off, if you apply for any type of loan, auto, mortgage or credit card, the lender is going to look at your FICO score. FICO doesn’t produce the score itself but provides the software for the credit…
