We hope everyone is well this Friday. This morning we had a staff meeting and discussed times we doubted ourselves. One of our staff members recounted the following story. We hope it inspires someone today to not count themselves out and to embrace positive vibes.
100 Days until Christmas – Start Saving
The year is passing quickly. Today marks 100 days until Christmas and the holiday season. If you have been following our last few posts, you know we have been discussing the importance of credit and how you should avoid misusing it. If you have not started saving for the holiday season, now is the time. The holiday season can get expensive. Food, travel, and gifts are just a few things that can throw your monthly budget off balance. How will you cope? Will you choose to reach for cash you have saved up or credit you can’t afford to pay back? We hope you choose cash. Continue reading 100 Days until Christmas – Start Saving
Reflection: Avoid Misusing Credit
Recently, a Virgo Philosophy staff member recounted a disturbing story. A neighbor was experiencing the displeasure of foreclosure on their home. The house was an heirloom and generations lived in it since the late ’60s. Incidentally, the primary homeowner fell ill so the title deed came to be in a family member’s name. This member didn’t live in the house but had a love for the “finer things” in life, i.e. fast cars and luxurious homes. So, they took a loan with the house as collateral. They lagged on their payments to the bank and now the bank is trying to sell the home. It is not hard to imagine the anguish and accompanying despair of this family. We need to make due diligence to avoid such scenarios.
Continue reading Reflection: Avoid Misusing Credit
Ways to Boost Your Credit Score
Everyone talks about credit scores and most people have a general idea of what it is, but many do not really understand how a credit score is calculated and what it is used for in the world of business and finance.
Your credit score is a number that reflects your creditworthiness and your ability to handle your finances, and it is what lenders and other business use to determine whether or not to do business with you. A credit score is an overview of your financial history and other factors that are broken down into a number.
Continue reading Ways to Boost Your Credit Score