I’ll be honest, when I picked up #GirlBoss by Sophia Amoruso I never thought there would be so many valuable personal finance lessons in it. Business advice, tips, and motivation were my expectations, but what I received was a well rounded, personal account of someone who did the unexpected in her own way. Read More
Credit cards have dramatically changed consumer saving and spending habits. It would not be an exaggeration to say that credit cards have impacted personal finance as much as cell phones have impacted personal communication.
Most people assume that checking your credit report negatively affects your credit score, however that isn’t always the case. This concern is warranted whether you have carefully built your credit score to it’s current standing or you are in the process of rebuilding it. It’s important to understand how the the FICO algorithm works and what actions impact your credit score. Credit is like a puzzle and if you are are unaware of how all the pieces work, your score could be negatively affected. Read More
In an ideal world, no one would carry a credit card balance from month to month.Many of us use credit with the intentions of paying the balances in full, then life happens. As time progresses the debt accumulates with interest every month making it more difficult to pay off. If you’re reading this, you are probably in search of a way to save money and get out of debt quicker. A credit card balance transfer may be the solution you are seeking. Read More
The scenario often plays out like this. You purchase your dream car and the monthly payment seems feasible. Life happens and unforeseen events occur. The car payment becomes a burden. After crunching the numbers and unsuccessfully trying to make it work, the vehicle is repossessed. This scenario is all too familiar for families and individuals that experience financial hardship. Although it may seem like a daunting task, you can recover from car repossession. Read More
Many married and unmarried couples are unaware of the impact of marriage on your credit score. I have seen this time and time again in which couples are afraid to make certain moves because of a few misconceptions. So let’s go over the most popular.
Credit related questions are understandably among the most frequently asked questions I receive at My Fab Finance. Credit is extremely important and if you are not among the individuals who can afford to pay all cash everything, you will need at least one line of credit in your lifetime.
For our most recent taping I decided to tackle one of the most frequently asked credit questions in this week’s Talk Money with Tonya.
As I previously mentioned we have switched over to a bi-weekly posting schedule for Talk Money with Tonya episodes. If you have a question AWESOME!!! Submit your questions to ask.fm/TalkMoneyWithTonya and we will answer it during our next taping.
I can’t believe it’s already Tuesday. I tell you, the Talk Money With Tonya series reminds me just how fast time is flying.
This week we are diving into my favorite topic…credit!!! If you have been wondering how you can increase your credit score, this one is for you my dahling.
We will be taping more segments over the weekend so if you have a question leave it below or at ask.fm/talkmoneywithtonya
I appreciate the feedback I’ve been receiving from you all and the continued support. I hope that you are thoroughly enjoying the #Financialpalooza giveaway. We have a huge upcoming event on Friday to mark the final giveaway. Oh and just a heads up, starting next week we will follow an alternating weekly schedule.
Financial stresses not only affect your well-being, but also they can negatively affect relationships, job performance and pretty much rule your life – if you let them. When coupled with the demands of everyday life, it can feel like there are innumerable obstacles standing in the way of your financial goals.
Although critical, it can be difficult to maintain a positive outlook. A healthy financial journey doesn’t consist of deprivation just like a healthy diet doesn’t consist of starvation. It’s extremely important to practice self-care when working towards your financial goals.