Dear Financially Determined, I am hoping that you are happy today (and everyday). My message for you today: Try to live below your means. I know, I know…It’s much harder said than done! But it is the only way to move toward future financial freedom and end up in a better financial situation. You need […]
Tag: money
What Is a FICO Score? Rich Mom Answers
Rich Mom Answers Undeniably, you need to know about FICO scores. A FICO score, like a social security number, is a number that, once you get it, follows you for life. If you have never heard of a FICO Score, or don’t know what it is, read below. What is a FICO Score? What is […]
What Are the Benefits of a Good Credit Score? Rich Mom Answers
Credit scores. You hear about credit scores all the time. But, what are the benefits of having a good (actually great) credit score? Good credit gives you powers…benefits. Below, I list seven benefits of great credit. The First Benefit of a Good Credit Score The first benefit of good credit is that you will be […]
What Credit Score Is Needed to Rent an Apartment? Rich Mom Answers
If you came here looking for an answer to the question, “What Credit score is needed to rent an apartment?”, you’ve come to the right place. If you stumbled upon this information, you may be surprised to find out that a credit score is used when you apply to lease an apartment. Before I talk […]
Uh-Oh! Did You Forget Everything You Learned in Your Financial Literacy Class?
Dear Reader, Have you forgotten everything that you learned in your financial literacy class from high school or college? If so, you may be missing some skills needed to organize your finances. Wait! What? You didn’t have a financial literacy class in high school or college? Were these life-sustaining skills left out of your education? […]
What Is An Example of an Inquiry on a Credit Report? Rich Mom Answers
Credit inquiries… What is a credit inquiry on a credit report? A credit inquiry is what it’s called whenever a business requests information about your credit from a credit reporting bureau. This is an inquiry. There is a record created when they check your credit. What Are Some Examples of Who Might Do an Inquiry […]
What Are Credit Score Ranges? Rich Mom Answers
What are Credit Score Ranges? Rich Mom Answers You perhaps have heard about credit scores. You know that credit scores are important. Consequently, you need to know what the ranges of credit scores are. Knowing what the credit score ranges are will help you understand where your credit score places you, and where you want […]