March 1st, 2010
Monday Jumpstart to Personal Finance & Credit Report News
CNN Money reports that personal income rose a modest 0.1%, equal to 11.4 billion total nationwide, in January. While the number is lower than economists’ expected figure of 0.4%, on the other hand, spending by individuals jumped 0.5% in January, equal to 52.4 billion total nationwide, which is above economists’ expectations. While these figures aren’t through the roof, increased spending and income is still a good sign the economy is slowly gaining momentum towards recovery.
Follow today’s roundup of personal finance and credit score topics for the latest news and advice.
January 18th, 2010
Monday Jumpstart to Personal Finance & Credit Report News
In addition to keeping up with a trendy diet or a promise to kick your smoking habit, did you make money resolutions this year? CNN Money suggests five resolutions to keep you on a healthy financial track, such as earning a new credential to be more competitive in the job market or shopping around for a better bank account to build up your savings. With some advice from our following roundup, resolve to commit to good personal finance habits and positive credit behavior now.
Personal Finance News
- The Wall Street Journal asks, “How steady is your paycheck?“
- 9 sneaky expenses that eat away at your income blogged by Get Rich Slowly, reminds you to avoid traps like time and stress that let money fall through the cracks.
- Gather Little By Little rounds up 12 frugal tips from readers for 2010. One of my favorites that will likely cut down expenses is #2: Shop with a calculator.
Great advice for car owners and prospective car buyers:
- How to buy a used car tips suggested by Moolanomy Personal Finance.
- FrugalDad helps you navigate upside-down car loans: eight simple steps to get out fast.
- 9 steps to getting a car loan on damaged credit reports Bankrate.com.
Credit Report & Credit Scores News
- Credit standards have changed as Yahoo! Finance reports that good credit score of past not so good now.
- “Does carrying a card balance improve my rating?” and more common questions answered on credit scores, answered by The Chicago Tribune.
- Still have some questions on credit, credit scores, and credit cards? The Atlanta-Journal constitution answers more of your credit questions.
- If you’re worried about carrying bad credit into the new year, Bankrate.com offers 3 tips for repairing your credit score.
- Newly-enforced legislation is protecting mortgage applicants from bad credit reports, reports the Washington Post. Lenders will be required to alert consumers whenever derogatory data on credit reports leads to higher interest rates for consumers.
January 11th, 2010
Monday Jumpstart to Personal Finance & Credit Report News
Only 45% of Americans are satisfied with their job, a recent study shows, dropping satisfaction in the workplace to an all-time record low. Worker unhappiness is likely outbalancing satisfaction due to the economy still recovering the worst recession since the 1930s, but the following round-up features career-oriented advice to steer you back on track to getting the most from your job. Plus, here’s the weekly dose of personal finance and credit news.
Personal Finance News
- It’s a new year; maybe its time for a new banking account? The Simple Dollar blogs about the basics of getting started with banking.
- The Digerati Life presents 5 financial milestones to aim for by age 30. Have you built 6 months worth of expenses in your emergency fund yet?
Make 2010 the year you refocus on your career and your work ethic. Here’s some helpful advice from great blogs:
- Earn more money in 2010 from I Will Teach You To Be Rich.
- Free Money Finance asks, “do you calculate the amount of time you work to pay for purchases?” Try it out– you might be surprised.
- The Simple Dollar shows you trim your budget through pension and social security.
Credit Report & Credit Scores News
- Ask Liz Weston replies to a reader question on whether or not marriage can affect credit scores.
- The New York Times blogs on how mortgage modifications affect credit scores.
- WalletPop asks, when a good credit score can ruin your financial life, why worry about a bad one?
- The Folsom Telegraph writes 5 points to fixing your credit. The first point is payment history, and the importance of paying on-time.
