What is Credit and Do You Really Need It?
Your reputation as a borrower is directly linked to your credit history.
No one has to have credit but it is almost impossible to go through life without ever having credit in one form or another. Unless you can pay cash for everything you purchase, credit is a real necessity of life. Most people who work for a living and buy things to make their lives more comfortable and enjoyable have credit and debt.
How you treat your credit is very important and what you allow to happen to it can have an impact on you, your loved ones, and your property, right up to the day you die, and sometimes well after you die. Treating your credit with respect is a smart way to help keep your financial affairs in order.
Good credit is a great thing to have. A good credit score may mean getting lower interest rates on the things you need to buy. What it does for you is make it less expensive to purchase big ticket items such as homes and other real estate, cars, trucks, farm equipment, livestock, furniture, boats, and if you fly, airplanes.
On the other hand, if you have a bad credit score, you may be denied credit or you may have to pay higher prices along with higher interest rates on your purchases. You may be denied credit cards, car or truck loans, and it may be very difficult to buy a home. In many cases, with bad credit, a larger down payment is required on items of purchase.
To keep your credit in good shape, you need to make sure that your bills are paid on the agreed upon time. Once something is reported to the credit bureaus, whether good or bad, it stays there for up to........
"It was not curiosity that killed the goose who laid the golden egg, but an insatiable greed that devoured common sense."
Social Security Disability Benefits
Important Information From The Social Security Administration
Your Social Security Disability Benefits are based on your inability to work or if the Social Security Administration determines that you are not able to adjust to other work. Your disability must last for at least a year or is expected to result in death.
Your disability benefits may be reduced if you get worker's compensation or certain other government disability benefits. However, there is always an appeal process for denied disability benefits, even if your Social Security benefits reduce your other disability payments
The sum of all disability payments to you and your family cannot exceed eighty percent of your earnings averaged over a period of time shortly before you became disabled. When you start collecting Social Security retirement or disability benefits, other members of your family also may be eligible for payments.
Each family member may be eligible for a monthly benefit that is up to fifty percent of your retirement or disability benefit amount. However, there is a limit to the total amount of money that can be paid to a family on Social Security record.
If you are divorced (even if you have remarried), your ex-spouse may qualify for benefits on your record. In some situations, he or she may get benefits even if you are not receiving them. To qualify, your ex-spouse must have been married to you for at least ten years, be at least........
The National Basketball Association (NBA)
The National Basketball Association (NBA) is a professional basketball league with franchises located in major metropolitan areas in the United States and Canada. During preseason, games are sometimes played in cities outside North America.
Today, there are 30 teams in the NBA which is divided into two conferences, the east and the west. Each conference has three divisions and each division has........
"There is an immutable conflict at work in life and in business, a constant battle between peace and chaos. Neither can be mastered, but both can be influenced. How you go about that is the key to success."
101 Ways To Make Your Money Go Further
The Essential Guide to Surviving on a Budget
FREE Budgeting Spreadsheet and Credit Card Repayment Calculator included
Managing on a tight budget is never much fun, but there are ways and means to still enjoy life whilst cutting back.
In this book you will find 101 (and probably even more!) ways to reduce your everyday costs and help bring your finances back under control.
Here are some of the areas that are covered:
- How Much is that Coffee Costing You?