How to Save Your Pocketbook!

Did you know that if you maintain a credit score of 723 you are at an average level? But if your score falls lower you will pay higher interest rates (higher monthly payments).
That's why I would like to encourage those of you with lower scores to take the time to repair (build) your credit history. Make the effort to keep up with all your current monthly payments, and monitor the other factors that may have an influence on your history. You'll be glad you did.
Don't let your score get the better of you. With an average score or above, your score will work for you. So, what does your pocketbook say about you? With a better score you'll have more in it. Keep your credit score high and you'll pay less in interest over time. That way you can have more money to spend on whatever you choose.

What a budget means to me...

A budget is a way of saving money. It is sort of a lifestyle. One can spend frivolously or one can spend wisely by budgeting. I choose to live by a budget: every paycheck I put money aside for saving, I take care of my bills and I place my spurge money to the side for my hair, entertainment activities to have fun with and food. So far it has worked!

Without a budget, I would live paycheck to paycheck struggling to pay a bill. I would not have set savings amount, it would be awful! I would probably spend all my money on clothes and going out eating at restaurants. My life would be a wreck. The thought of not knowing how much money I have left in the bank at the end of the week….is financial ignorance.

I have adapted to the life of budgeting and I encourage others to practice a life of money management.

How Debt Effect Your Future

Debt is your identity. In the real word, you are not looked at as an individual, you are looked at as a number. Your credit score determines who you are in society. Debt affects your ability to purchase a house, a car or any other type of valuable property. When you go to finance anything, business people give you rates based upon your credit score. As young college students, we Gabbers need to watch what we spend our money on and start planning for the future by budgeting. Good credit equals a bright future….do you agree?

America's Money Crisis

In the year of 2009, we started out on the wrong foot going into a recession. “Time is money” says my friend Jasmine Huddleston, while she is in search of employment. Job lost statistics reach a record high since December 1974. The unemployment rate climbs 7.6% this month alone, in plain numbers that is 598,000 jobs slashed. Without people working, how will bills get paid? It is a chain effect, first people loose their jobs then, they loose their house and worldly processions after that they loose there self. Things are turning deadly with rising suicide and homicides rates due to job lost and depression.
Times are hard! We need to come up with a better way of budgeting our money, separating our needs from our wants. As a solution, millionaires that we support like rappers and actors should give back to their community. By these well known wealthy people, hosting free events to help raise awareness for the money crisis that we are in, people can save money, have fun and educate themselves. These events will help raise the spirits of many working and non-working American citizens.