Today I had a conversation with a New York client and I had to explain to him that just because he has the financial reserves (savings) that does not mean that he should be buying everything simply because he can afford it.
I explained to him that 2023 is going to make or break a lot of people. And if he wants to remain in the position he is in 5 years from now he is going to have make even smarter moves with his money.
By Aura Carter
How do you budget? There are apps and various systems that can help you take control of your finances. The 50/30/20 budgeting rule is very sensible and can be started at anytime.
A budget is having a plan for every dollar that you have. It makes you more conscientious of your spending habits.
Article By Aura Bea Carter
How do you envision your life to be going in November of 2022? That will be 6 months from now. So much can happen in that time span.
No matter what we are doing, time is going to keep on ticking. If you want things to improve from how they are going now, dedicate your time to becoming better.
Hold yourself accountable by learning more about an area in your life that you aren’t satisfied with.
🗓 Start tracking your finances today and watch how much better you will be in 6 months.
Article By Aura Bea Carter
It’s #4 and #5 for me. If you are at a point in your life where you feel stuck use the many resources around you to get out of your situation:
• The Library
• Book Stores
• The Internet (Financial Blogs/YouTube)
• Social Media Money Profiles
• Seminars
As an adult you have two choices; to complain about how your life isn’t going, or to make the active changes needed to place you in the position that you want to be in.
Article By Aura Bea Carter
Three major credit bureaus — Experian, Equifax, and TransUnion — regularly collect information about your payment history, while your credit report contains additional details regarding your payment history, credit utilization ratio and any open and closed credit accounts.
The information in your credit report is used to calculate a three-digit credit score, which lenders then utilize to evaluate a borrower’s likelihood of defaulting on a loan.
By having a higher score, you’ll typically qualify for loans or credit products with lower interest rates and more favorable terms.
EarthyRealist.com 