The reasons people need to save money are endless. It could be anything – the price of gasoline increases… you lose your job… your rent goes up. Whatever the reason, there are right ways and wrong ways to save. What…
Continue readingYou’ve probably heard it many, many times: if you want to be wealthy, always spend less than you earn and invest wisely. It’s true. However, there’s more to a rich life than following those two concepts. In an article by…
Continue readingSaving money is a job. It takes thought, budgeting and most importantly, money. Let’s start by taking each one of these separately: Thought: In order to think about saving money correctly, it’s essential to possess financial literacy. This means you…
Continue readingMortgage interest rates are going down. So what does that mean for you? It’s simple: a lower rate decreases your interest cost which in turn lowers your monthly payment. However, first things first. Do you have a high enough credit…
Continue readingMost of us go to work every day with the hope that what we do will pay off in the end: a paycheck that lets us keep up with our financial obligations and hopefully enables us to save some money…
Continue readingWe’re all different. We make different amounts of money… we spend differently… we save differently… we handle money differently. However, the one thing we all have in common is that at one time or another, we’ll have an unexpected situation…
Continue readingBanks definitely provide services that help us and make life easier. Yet, we typically end up paying for these services one way or the other – typically in fees. For instance, do you need to take money from an ATM…
Continue readingThe latest data is in, and the average U.S. FICO® Score now sits at 706. Since bottoming out at 686 in October of 2009, there have been nine consecutive years of increases in the national average FICO Score. This is…
Continue readingLike getting your identity stolen isn’t bad enough. When a criminal steals your identity, he or she can also steal your good credit score. Your FICO Score is calculated using five factors from your credit score: Payment History: Have you…
Continue readingThe Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks in the U.S. and plays a primary role in monetary policy, financial supervision and the country’s payment system. Now that you know what it is…
Continue reading
©2020 Fair Isaac Corporation
All rights reserved.
