Find here latest information and tips on personal finance, on "how to
save and shop right", on improving your personal and business credit and
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Fair Isaac Corporation provides analytic, software, and data management products and services that enable businesses to automate decisions primarily in the United States, the United Kingdom, and Canada.
As they say, "Knowledge is power." Many times people either act on false information or fail to act because they didn't know what could be done to their benefit. This is the case in many areas of life, but on the top of that list is money. And in the money category you will find lots of misinformation about credit.
Many people may say that shedding debt is common sense: "Pay for everything in cash and don't incur any debt." Yeah, sure, easily said when you have a household income of 70 to 80 thousand (and no kids). Obviously the best way to handle your finances is to pay for everything with cash. Not everyone has that luxury.
It's clear that most people believe that cutting spending is the faster way to reduce debt. Of course, this is certainly true to some extent. My position is that there are three main points to be addressed when reducing debt, specifically: (1) Getting organized financially; (2) Becoming more efficient with your current debt and spending; (3) Generating more income.
You've heard it before. "You always have to pay your bills on time or it will hurt your credit rating". The fact is that not paying your bills on time can also cost you a bunch of money.
There's that horrifying word. The one that makes so many people cringe at its very utterance. It seems like they could make a very good spooky movie with the title "You Have To BUDGET!"
Checking accounts are an absolute necessity these days. You can either have a checking account or run to the bank or other outlet for money orders. Many people pay for almost everything with a check including groceries, gas, clothes and a long list of other things. When you add an ATM card to this picture, your chances for a potential problem is greatly enhanced.
Whether you know it or not, you are always setting your financial priorities. Some may decide that a new stereo system is more important than this month's electric bill. This may be a little off the wall, but it is still setting your priorities.
Been saving up for that 'something special'? Want to know when you will get the best deal? Are you curious to know when your favorite foods will be going on sale? Let this seasonal shopping guide help you make those strategic shopping decisions!
