As my readers know, I am all about paying your bills on time all the time. Doing so is what is best for your credit score and your overall financial health, plus it is just the right thing to do. Let’s dig into how payment history factors into your credit score and see if we can shed some light on why that is so…
If you’re gearing up to borrow money for a car, home, or another big purchase, you already know how important it is to have a good credit score.
What’s less clear, usually, is how to boost that score if you need money ASAP, and your current one leaves you with...
If you work solo, chances are the only receipts you need to manage are your own. But once you hire employees, you’ll also need to start managing their expenses as well. The easiest way to do that is by having your employees submit expense reports. An expense report is designed to report on any business-related expenses an employee…
When I want people to think I have a boring job, I usually tell them I work with accounts payable. This is effective when I’m at a party and want to leave, or any other time I’m engaging in small talk. In reality, I think accounts payable work is exciting.
Processing accounts payable is a great way to get a feel for…
Parents have a lot of important lessons to teach their children-how to ride a bike, how to make the bed, how to get along with other people and contribute to the community. Many parents also work on teaching their kids financial skills by setting them up with a piggy bank, or helping them open their first savings account. One important question for parents…
Today’s economy runs on credit. If you want to get a mortgage for a house or a student loan to pay for college-or if you just want to charge your lunch on a credit card-you’re going to need a lender to extend you a line of credit.
You’ll also need to be worthy of that line of credit. Your creditworthiness is defined by your three-digit credit score and is the key to your financial life…
Budgeting is a great way to plan your income and expenses over a period of time to keep spending in check. This can help you tackle debt or save to achieve your financial goals.
By looking through your expenses you may be able to find better ways to spend your money. You might also be able to cut some expenses…