Why should anyone care about their credit score? Regardless of your personal feelings on credit, loans, and credit cards, the reality is that financial institutions you may need to work with in the future use it as a measure of how financially responsible you may be. It's kind of like your GPA of your finances. Banks, lenders, and other entities check your credit score to help them determine … [Read more...] about Understanding Your Credit Score and How to Improve It
Archives for July 2014
Should I Build Up Savings or Pay Down Debt?
If you're like most Millennials, you have a lot on your plate. And you're trying to do it all, too! It's wonderful that you're so driven, but trying to juggle many financial priorities at once can quickly become complicated. After all, most of us only have so much cash to go around each month. When we're working toward more than one financial goal, how do we know what to put at the top of the … [Read more...] about Should I Build Up Savings or Pay Down Debt?
A Great Summer Guide for Gen Y Grads
Just graduated college, but feeling confused about how to manage your money in the real world? You're not alone. As much as a college education was stressed to Gen Y as critical and essential, no one put the same emphasis on financial education. The result is many of us feel unprepared and lacking money management skills we need to get ahead as adults who are now paying our own way. But … [Read more...] about A Great Summer Guide for Gen Y Grads
Infographic: The Burden of Student Loan Debt on Gen Y
According to a recent survey released by Wells Fargo, Millennials know the steps to financial success. We say we know the importance of saving now and living beneath our means. But in the same survey, about half of Millennials admit to not saving at all. They say they think they'll be able to start saving in their mid-thirties -- but this wastes a decade of savings potential! So what's holding … [Read more...] about Infographic: The Burden of Student Loan Debt on Gen Y