Author Archive: ROB
Credit Score Myths
As we continue to stress it, I hope that you realize understanding credit and your credit scores is one of the key components of achieving financial literacy. Let’s take a look at some common misconceptions people often think about their credit scores. I only have one credit score – In reality you have three main credit [...]
Credit Score
Whether you are aware of your credit score or not, this simple three digit number holds a lot of weight. It controls all of your major purchases from buying a new home to financing an automobile and can even impact your insurance and consideration for a new job. Credit scores for those of us just [...]
Planning Ahead: The Roth IRA
Retirement planning is boring. There is no other way to put it. But at the end of the day – or career, it is what matters. So let’s continue taking care of it now, so we’ll be ok later. Hopefully you have already checked out the piece on the importance and benefits of investing in [...]
Mint.com: Take the “Ugh” Out of Budgeting
Let’s be honest, traditional budgeting sucks! Tracking all expenses and managing different bank, student loan and credit card accounts is a hassle to say the least, but it is still vital to the LIVE RICH philosophy. Loot and I have found a great alternative though. We have begun to use a site that really takes [...]
6 Reasons Credit Cards Are Good
Credit cards give us the ability to spend now and worry later; however, looking at your credit cards that way is a quick and slippery slope to disaster. But owning one (or two) doesn’t have to result in a bad experience, even though statistics lead us to believe so. The dangers and risk of possessing [...]
Orange Savings Account by ING Direct
Let’s be real, 2011 sucked when it came to savings rates, and 2012 won’t be any better. The average savings account barely pays 0.2%, while money-market funds haven’t surpassed 0.02% since March. With the Federal Reserve promising to sit on short-term interest rates until at least 2013, don’t expect any help from Uncle Sam when [...]
