A study done by The National Foundation for Credit Counseling shows that more people are afraid of admitting their credit score than their weight or age. I get it… It’s embarrassing. Especially when you’re denied credit or loans due to a few blemishes on your credit report.
But having a poor credit score tells lenders that it’s risky business to lend you money and that they may or may not recover all funds borrowed… which puts you in sticky situation. So while there is no quick fix to drastically changing your credit score, there are things that you can begin working on now to improve it for when the time is right. Let’s review a few tips!
Hey girl, hey!
So there you are getting paid every two weeks… thinking that you are rollin’ in the dough. Yet, even with this pay frequency, it seems that the money is leaving your pocketbook faster than the direct deposit is hitting your account. And somehow, someway there’s always a bill or two that ends up getting paid late or not at all (noooo!). But how in the world is a girl supposed to manage monthly bills when your pay is split up into two or three checks a month?” Girlfriend, I got you! Let’s take a closer look:
Hey girl, hey!
Have you ever experienced swiper's remorse? You know... it's that feeling you get when you know you have swiped your debit or credit card one too many times and now you are afraid to even check your account balance. Been there... done that... and it's no fun! So if you happen to be someone who regularly suffers from "Automatic Swipe Syndrome" and have trouble staying within your spending limit... then girlfriend, have I got a tip for you!
Often times I hear people comparing their finances to what they think someone else’s financial situation looks like. Yet, the craziest thing is… none of us really even know the true financial situation other people are in! Society trains you to make assumptions about other people’s finances based on what you see and hear (especially on social media)… but don’t fall for it, girlfriends! Getting ourselves trapped in a financial rat race to keep up with other people is truly for the birds, because the truth of the matter is… anyone with that mentality is actually losing in the long run and here’s why:
"Cut it... Cut it... Cut it..." Okay, Okay, I’m having too much fun! On a more serious note, let's talk about our spending habits. Most people think that if they simply made more money (or could spend more money), their astronomically high bills will be less of a stressor. Girlfriends, you couldn’t be more wrong (more money… more problems, right?) So just for you, I have listed 3 ways we can "cut it" in order to have more money in our pockets and more importantly… in our savings accounts. Let’s dive in!
Hey girl, hey!
So you're really starting to get into this budgeting thing... Not so bad right?! As a step further, I always recommend separating your money into three accounts: Savings Account, Bill Pay Account, and Spending Account. Let me explain why...
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