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  • The Best Reasons to Take a Cruise Vacation

    The Best Reasons to Take a Cruise Vacation

    Are you in serious need of a vacation? We can’t blame you for that, as everyone needs a break from time to time. However, what kind of vacation is the best for you? Many people love heading to the beach, or to exotic locales. Others prefer to go to resort hotels and enjoy the pool, the spa and the bars. What if you could get all of that and more on a single vacation?

    Why You Should Take a Cruise Vacation

    Stress-Free

    One of the biggest reasons to get out to a cruise boat and kick back in style is that a lot of the normal stresses of a vacation wash away when you get on the boat. You’ve got nothing to worry about: the boat is out at sea and all the luxury you could want is around you. There’s no need to drive anywhere or make travel plans: you’re already traveling!

    There’s nothing to stop you from just taking it easy, drinking however much you’d like, enjoying the comedy shows and clubs, and just generally taking it easy. It’s like being in a luxury resort that goes to all of the exotic locales you’d like to see during your vacation.

    Food Included

    Most cruises include all of your meals in their cost. That means that you get to eat at numerous tasty restaurants and don’t have to worry about the bill! Many cruise liners also have specialty restaurants that cost extra to dine at, but those are usually well worth the price. In either case, you get to sample tons of delicious food while enjoying the laid-back atmosphere of the boat. What’s not to love?

    Typically, the dinners that are included with the cruise are delicious and high-end. Most boats have a fancy dining room where guests are encouraged to come in formal wear, allowing for a very exquisite dining experience. It’s like getting a taste of how the other side lives, all while floating across the ocean.

    Exotic Locales

    No matter whether you take a Caribbean cruise, an Alaskan cruise, or a cruise throughout some other locale, you’ll get to see fantastic and exotic locales. While many vacations have you only visiting one or two locations for the sightseeing and fun, cruises allow you to visit numerous locales scattered across the region you’re visiting.

    Not only do you get to experience all of these great locations, you don’t have to worry about the travel to get there. The boat will take you right to the islands or locations you’d like to visit, and all while you’re relaxing and taking it easy on the boat.

    Amusement Park Meets Luxury Hotel

    When you’re on a cruise boat, you’re essentially on a giant, floating luxury hotel that is attached to an amusement park. Many boats have numerous attractions such as rock-climbing walls, water slides, hot tubs, pools and theaters with fun shows. Even on days that the boat is at sea, with no stops at exotic locations, you’re still enjoying the fun of the boat’s various attractions!

    There are also ample bars, clubs and activities to be found on the boat. If you fancy a drink at a cabana, you can find that below decks. Likewise, if you find yourself longing for a bit of nightlife, there are clubs you can go to dance and meet people.

    In short, a cruise vacation is likely the best of all types of vacations you could be considering going on. Taking a week to simply float on the ocean, enjoy luxury food and drinks, and have fun in the sun sounds like the ideal version of a week off. Not to mention, cruise vacations are usually more affordable than other types of vacations. What are you waiting for? Book yours today!


  • Reduce the Cost of Pre-Medicare Health Insurance

    Reduce the Cost of Pre-Medicare Health Insurance

    If you retire early, or you are self-employed, and you’re looking for health insurance, you might find it difficult to save money. A lot of people who retire before 65, when they become eligible for Medicare coverage, may find themselves spending an arm and a leg for insurance. If you feel like you’re paying way too much for your pre-Medicare health insurance, you’re not alone. Many people have felt the squeeze of rising inflation rates with insurance lately. Here are some ways you can save and reduce the cost of your health insurance.

    Reduce the Cost of Pre-Medicare Health Insurance

    The Problem

    Many people who are retirement-age, or who work for themselves, are finding it difficult to get affordable health insurance. These people who need pre-Medicare health insurance find that it is incredibly difficult to get coverage with a decent deductible that doesn’t cost an exorbitant amount. While the ACA has helped some people in this boat, there are others who don’t qualify for the subsidies on ACA plans.

    Instead, these people have been experiencing ballooning costs for premiums and watching as deductibles are slashed as health insurance companies try to squeeze more and more money out of them. The future hardly looks bright for the ACA marketplace: the current administration has vowed to stop protections for those with preexisting conditions and next year the penalties for having no insurance will fall away. This means that many healthy people may ignore the marketplace altogether, making premiums that much higher for those who use ACA plans.

    Who This Effects

    This situation disproportionately effects people in their 50’s and 60’s who have yet to reach Medicare eligibility. These pre-Medicare health insurance plans are increasingly failing people in their 50’s and 60’s as they develop more serious medical conditions and have to pay more and more every year to keep getting medicine and treatment they need to survive.

    For many of these people, even those who don’t currently have any serious health issues, the ballooning premiums and absurd cost of healthcare makes them nervous. They can’t opt for coverage with bare-bones provisions as they may develop serious medical conditions sooner rather than later. However, they also can’t afford the existing plans. So what do they do?

    Check the Marketplace

    While you might think there’s no good coverage on the Marketplace, you’d be wrong. For some people there are great pre-Medicare health insurance plans available through the marketplace. According to some industry analysts, people over 50 who use the Marketplace to find health coverage are actually saving more money now than in the past three years. Since 2015, premiums for people over 50 have dropped nearly 40%, down to an average of about $60 per month!

    As for those dramatic increases in premiums, you need not worry about them if you get subsidies through the ACA. For people who receive subsidies, these increases won’t actually hit you. For a single-person household, if the income is below around $48,000, you’ll receive these subsidies. For two-person households, this threshold is roughly $66,000.

    Even if you’re only just above this threshold, speak to a tax advisor. There are some ways you can qualify for the subsidies even if you make a bit more than these thresholds if you do something like making an IRA account contribution or some similar method.

    Consider Direct Payment

    This isn’t suggesting you simply pay for your treatments outright. Instead, some people are sidestepping insurance altogether and opting instead to engage in “direct primary care.” This method sees the patient paying their doctor a flat fee, usually around $70 per month, that tends to cover some portion of typical doctor’s visits, check-ups and preventative care.

    Doctors who engage in direct primary care often take steps to make sure their patients pay less overall for most basic medical services. This may include buying medications from pharmaceutical companies at wholesale prices and then selling them at cost. Another common cost-saving method is through direct contracts with labs, allowing for less expensive lab results and radiology, passing those savings to customers.

    Those who choose to use direct primary care are often advised to get insurance with high deductibles so that they have an option in case they become seriously ill or otherwise take on some large hospital bill. Generally this method is advised for people who have found relatively affordable high-deductible pre-Medicare health insurance. While this might not work for everyone, for many patients it results in them saving more money in the long run compared to getting a high-premium, low-deductible plan.


  • Looking for a Great Gift? Order Canvas Prints Online

    Looking for a Great Gift? Order Canvas Prints Online

    When it comes to printing out photos, there are tons of options available for doing it from home. Certainly you’ve purchased a printer that can output “high-quality” images of your home photographs. Are they really all that great, though? Have you considered ordering canvas prints online?

    The answer is yes!  It turns out that you can order very high-quality prints on canvas material online. Today we’re going to cover some of the most frequently asked questions about this interesting process. If you’re looking for a great gift idea for Christmas, consider these gorgeous canvas prints.

    Some of the top companies for ordering canvas prints online are Simple Canvas Prints, CG Pro Prints and Gallery Direct.

    Order Canvas Prints Online

    The Canvas Difference

    Getting your photo printed out on canvas offers some interesting benefits when compared to traditional prints. Normally, a traditional print needs to be backed and framed in order to be elegantly displayed. In the case of a canvas print, however, the unique durability, appeal and design makes them ideal for just hanging up as-is.

    Canvas prints have a high-quality, artistic quality that makes them look great on any wall. You don’t need to have them framed and they don’t require any backing. Not to mention, the three top-rated services provide prints that are so high-quality that they’ll put most normal printers to shame.

    Cost

    The cost of canvas prints online varies depending on the issuing company and size. That said, you can expect the smallest prints to run right around $5, and some of the largest prints to be upwards of $500. That is to say, it’d be a good idea to shop around and compare price.

    There are some excellent savings to be found online if you compare and shop. When you buy online, one of the best upsides is that you can shop at your own pace. There’s no pressure, and you’re able to easily compare sites to hunt down the best price.

    Shipping

    Depending on which site you order from, you can likely find various rates and speeds for shipping. Some sites will be able to offer free shipping on orders over a certain amount, while others may have a surcharge for shipping and handling. When it comes to high-quality prints, you want to make sure they’re handled well.

    Another consideration for shipping is how long they take to ship. Most canvas prints online will ship in roughly 10-14 business days, although that number could also vary. Again, you have to consider the time it takes to manufacture the print and how careful you have to be transporting it.

    For Professionals

    Professionals love sites like CG Pro Prints as they offer a great way for their photographs to be displayed as art. In fact, in order to accommodate artists, CG Pro Prints offers wholesale prices on their prints to keep costs down for artists.

    If you’re a photographer looking to get a large number of studio-quality prints made for display or sale, consider CG Pro Prints. They’ve got what you need.

    For the Office

    If you’re looking for a great site for prints of stock images and landscapes, consider Gallery Direct. They have a number of generic images you can choose from to decorate a space like an office or lobby. This is a great way to fill a space with high-quality art to keep your space fun and tasteful at the same time.

    While Gallery Direct isn’t the only site who offers this kind of service, they are highly-rated and considered one of the best. They have a wide variety of images to choose from if you don’t have one already picked out. There are landscapes, stock images and more to make your space look that much more inviting.

    For the Family

    Simple Canvas Prints, of the three listed here, is one of the best sites for getting prints made for the family. They offer low prices and good deals on shipping. They also have a relatively quick shipping time if you opt for the expedited shipping, though it costs a bit more.

    However, their biggest draw is their user interface. This easy-to-use site makes it simple to upload you image and have it converted into a gorgeous canvas print sent right to your home. If you’re somewhat daunted by the prospect, don’t be, as it couldn’t be simpler.

    There’s never been a better time to be a photo enthusiast. With ample choices for high-quality printing and fast shipping, all available right from your computer, it’s hard to believe we ever shopped for canvas prints the old-fashioned way.


  • Easy Ways to Start Arts and Crafts

    Easy Ways to Start Arts and Crafts

    Kids need to be constantly occupied. They are generally not know for sitting is quiet contemplation or meditation. If you don’t find something to expand their ever growing mind and keep them entertained problems arise. Thats where is good to know some arts and crafts for kids.

     

    CHildren by nature are exploratory and crafty. They are constantly looking to build and make and craft anything they can get their hands on. There is a litany of benefits for getting your kids started with some arts and crafts. It improves their coordination and fine motor skills. Arts and crafts usually require kids to use both hands in a certain manner, which can help them develop fine motor skills and bilateral coordination. It gives them a sense of accomplishment and releases the fear of trying something new they don’t know they can do. Then the Self esteem. Making something and finishing a project, then putting it on display in your home boosts your child’s self esteem. Lets take a look at some easy way to get start crafting with kids

     

    Paint

    Kids love to paint! Children of all ages love to paint! These painting activities for kids range from the simplest painting with a brush or hands to more elaborate spin art, marble painting, and painting a fort. Paint is an art material that is easily adaptable to a wide variety of kids’ art activities. Some of the best and easiest painting activities are tempera paint, acrylic paint,BioColor paint. OR stick with the old classic finger paint.

    Try this one to get started. You can paint fall leaves with coffee filters and a glue gun.  Help your kid by drawing the outlines of leaves on the coffee filters and help them cut out on the outlines. Let your kid make the lines on the leaves using a glue gun. Set the coffee filters aside till the glue has completely dried. Now help your kid color the coffee filter leaves using the water color shades of his choice. Its simple easy and fun

    Lastly try the  Batik Painting. Use Glue Gel (NB regular white glue doesn’t work for batik painting), a white t-shirt and acrylic paints. Draw your pattern on with the glue. Tip put a paper bag between the front and back of the t-shirt so the glue doesn’t go through both layers). Then once the glue is dry paint over the design (don’t layer on too much paint or it will be hard to get off), soak the t-shirts in warm water overnight and the glue will begin to dissolve and reveal the white designs.

     

    Drawing

    Kids have a natural instinct to draw. Try this experiment, place a marker and something really important of yours in place of a child. Watch as the child will quickly cover it with any kids of drawing they can fathom. point is they love to draw, any kind of drawing,  including observational drawing, drawing prompts, and creative drawing exercises and drawing games. It is a very easy and inexpensive arts and crafts for kids activity.

    Get Started with a Draw Me Paintings. You’ll need a huge piece of paper as big as your child. Get them to lie down and draw around their outline. Then they can paint and decorate themselves! If you don’t have long paper you can do draw around your hand outlines and paint and decorate your hands with rings and bracelets.

    I also like the  Draw Your Town project as well.  On a big piece of paper ask your child to draw their town out starting with your house and drawing on roads, buildings, parks and monuments. You might need to go for a few walks to remind yourselves where everything is.

    Origami And Hama Beads

    Hama bead are the latest and greatest arts and crafts for kids projects. Hama Beads burst onto the scene a few years ago. If your kids have forgotten them, it’s a good craft activity and there’s no limit to creativity and inventing shapes and designs. And once your child’s finished designing with Hama Beads how to iron them so the design stays together is a trick worth knowing.

    Origami is a classic. It is cheap easy and a lot of fun arts and crafts for kids.  Origami is a good craft to do with your child, as you get to sit down and interact while transforming a simple piece of paper into something beautiful.


  • Which Credit Cards are the Best for Someone with Bad Credit?

    Which Credit Cards are the Best for Someone with Bad Credit?

    If you have bad credit, it can feel next to impossible to dig your way out. It’s hard to get approved for loans, you have a hard time saving and getting ahead, and everything can feel like an uphill battle. When you’ve got bad credit, how can you right the ship and get yourself back on track?

    One of the best ways to rebuild bad credit is to get a credit card with low fees up front and that report on your credit to all three bureaus. Ideally, you want a card that offers pre-qualification checks, too. Today we’re going over how you can rebuild your credit, and what some of the best cards for doing so are.

    Best Credit Cards for Bad Credit

    Rebuilding Credit with a Credit Card

    When it comes to rebuilding your credit, your best bet is going to be operating on a very small scale. Set yourself a small budget, something you know you can easily pay off every month and put that on your card. Maybe just get gas, or just buy groceries with the card, and nothing else. Never float a balance past a month and make regular payments.

    While you’re doing this, keep an eye on your credit. Make sure the positive changes are being reported regularly and that your credit is moving in the right direction. This ensures that you’re doing the right thing and that your credit is being repaired.

    Applying for Cards

    Don’t look desperate by sending out a huge burst of credit card applications. This is a surefire way to put a big dent in your credit. Each time you apply for a credit card, a hard inquiry is placed on your credit, which can negatively impact it for as much as twelve months. Make sure you only apply for a few cards and consider going after pre-qualification cards.

    Pre-qualified cards do a soft inquiry of your credit, which allows you to avoid the issue of having your credit tanked by repeated inquiries. Once you get your card, you can begin rebuilding your credit with it, so the soft inquiry is well-worth the effort.

    Capital One Secured Mastercard

    The Capital One Secured Mastercard is a great pick for anyone looking to rebuild their credit. The card has no annual fee, and you can set down a small amount of money up-front for a credit line of $200. That’s enough for you to buy groceries on or buy gas, and then pay off before the end of the month.

    When you make enough payments on time, you’ll even get an increased credit line that allows you to put more expenses on the card. Not to mention, you get to pick your own due date for the money. That means you can set up your bills to hit when you get your paycheck, so you’re never late on your card payment!

    Milestone Gold Mastercard

    You can set this card up to pay off bi-monthly, allowing you to keep a tighter leash on your spending and help you get into good spending habits. The card doesn’t require a security deposit and it offers $0 cash advance fees the first year. In short, if you’ve got a prior bankruptcy on your credit history, this is a card worth looking in to. Just watch out for some of the minor fees, like for adding another authorized user or late payment fees.


  • How to Use a Credit Card to Repair Your Credit

    How to Use a Credit Card to Repair Your Credit

    If your credit score is less than ideal, you might be wondering what the best way to repair it is. While there are a number of ways to address your credit, one of the most surefire ways to pull it back into a favorable position is to use a credit card. This might sound counterintuitive if your credit score is already bad due to credit card debt, but hear us out.

    There are a few rules of thumb you need to follow with any credit card, but they go double for when you’re using them to repair your credit. Today we’re going over some of the basics to help you fix your credit standing. If you follow these tips you should see your score going up gradually, and in a few years you’ll have great credit!

    Remember, most of all, to be patient. Your credit score isn’t going to become excellent overnight, and requires you to work diligently at paying back your debts and paying bills on time to stay high.

    Paying Off Outstanding Debts

    Let’s begin with the most pressing issues. If you have a lot of outstanding debts that are dragging down your credit score, it’s time to hose them down. Let’s say you’ve got debts on three credit cards that are bearing down on you. Find the one with the highest interest rate and put any extra money you make towards paying it off. Make minimum payments on your other debts while you do this.

    By using this “target priority” technique, you can begin to chip away at the worst of your debt. This does two things for you. Firstly, it gets all that extra interest the debt would have accumulated out of the way. Secondly, it means your credit score will start to get repaired as your payments stay regular and your debt-to-income ratio evens out.

    Using a Small-Limit Card

    On the flip side, if you have no credit history or a bad credit history and don’t owe much in debt right now, you’ll want to use a credit card. For instance, let’s say you’re fresh out of college or school, you have a consistent job and you’re looking to get a car loan but have no credit history. Don’t sweat it! Just apply for a small-limit credit card with no annual fees and a low interest rate. Something really small, even with a limit of $100 or $200, works well here.

    Just use this card for small purchases, like buying groceries or getting food at a restaurant. Be careful to only spend what you can afford to pay back before the end of the month so that you don’t float any balance and accrue interest owed on it. After a few months of consistently using, and paying back, this small credit card, you’ll see your credit history start to build up.

    Good Spending Habits

    As another example, if you’re repairing your credit history after a rough patch, you can use a similar approach. However, with a bad credit history, as opposed to no credit history, it may seem difficult to find a credit card that seems like a decent deal. In such cases, even if you find a card with a high interest rate, consider using it just for making small purchases.

    Even if a card has a high interest rate and a low limit, using it consistently and simply paying it back before the end of the month can be a great way to show credit agencies you’re more responsible than you once were. By paying the bill off monthly, you’re able to both keep the interest from building up while also improving your credit score.


  • Best Ways to Check Credit Score

    Best Ways to Check Credit Score

    If you’re looking to make a big purchase, like a car or a house, odds are you’re going to need a loan. The way lenders check to see if you’re eligible for that loan, of course, is your credit score. If you often pay bills on time and are financially secure, your score should be high but you should regularly check your score.

    Grab hold of your financial potential with free information about your credit score. Knowing your credit score is important because it helps you decide what your buying power is and what areas to focus on to improve this important score.

    There are many factors that go into determining a credit score, including employment status, credit history, and financial consistency. There are also several different types of credit scores rather than a standard way to measure creditworthiness. Although banks and lenders may have their own method to determine a credit score, there are ways that general consumers can monitor their credit activity and keep on top of the score as it changes over the years.

    If you’re looking to check your credit score you’ll want to do it for free. That’s where these free credit check sites come in!

    Best Free Credit Reports

    Credit.com

    Credit.com allows you to see your Experian and VantageScore results for free. VantageScore is a newer model of credit scoring that is usually more up-to-date than the traditional FICO score. You have to sign up for an account with Credit.com, but it’s a free process. The site is known for its credit report card, a quick glance at which things go into your credit. This way, you can see what factors you may need to address to get your score higher!

    Credit Karma

    Credit Karma has become the most popular of the free credit monitoring sites for many reasons. You’ve likely heard of this one. Credit Karma offers scores from TransUnion and Equifax, and both are shown as VantageScore. Credit Karma is a free site as well, and they don’t share customer information. If you’re looking for a no-frills credit check, you’re looking for Credit Karma. They offer a great mobile app, too.

    Quizzle

    Since 2008, Quizzle has been helping its customers understand their credit history and providing free access to their full credit report and credit score. Quizzle offers free Equifax and VantageScore reports. Once every three months you can see a free report of your score. Quizzle technically has a premium account too, though you’re better off just using the free functions. The free functionality doesn’t require a credit card, too.

    WalletHub

    WalletHub offers personal financial tools to users online. Their main product is offering a free daily credit score and report associated with it. WalletHub requires you to take a pre-screening questionnaire before you get your free score. Once you answer a few basic questions, such as your income and the last four digits of your Social, you get a TransUnion credit score. The report is similar to Credit.com’s credit report card, showing you what factors influence your score the most.


  • Amazon Alexa to Have Full Spanish-Language Integration

    Amazon Alexa to Have Full Spanish-Language Integration

    Spanish-speaking Amazon Echo users have reason to be excited: Amazon has announced that their Alexa voice assistant will support Spanish-language commands. This news coincides with reports that app developers who have Alexa-enabled features on their apps can request developer kits to develop Spanish-language skills.

    Amazon to Speak Spanish Soon

    Amazon’s Statement

    This news comes courtesy of Amazon themselves. The company made the news public in a blog post relating to the future of Alexa and Alexa-enabled devices.

    “Along with the Echo family of devices, later this year Bose, Facebook, and Sony will bring Alexa Built-in devices and Philips, TP Link, and Honeywell Home will bring Works with Alexa devices that support Spanish in the US,” Stated Amazon in their post.

    Why Spanish?

    Spanish is one of the most-spoken languages on Earth, and the number of markets Amazon is opening itself up to is enormous with this move. More than just making it possible to sell Echo devices in Spanish-speaking countries, this also means that native Spanish-speakers in places like the US can feel more comfortable using the device.

    This could also prove a useful learning tool for people who want to learn Spanish. What better way to learn a language than to speak it daily?

    Smart Homes and Accessibility

    Amazon’s goal, of course, is to get Alexa into as many homes as possible. The smart-home speakers Echo and Show are two of Amazon’s best-selling products, so it makes sense the company would want them to be as accessible as possible.

    If you’re wondering what all the fuss over Alexa is about, consider trying an Amazon Echo Dot, the introductory level smart-home speaker. It starts you off with an Alexa-enabled device and shows the power and convenience of smart speakers. The Echo Dot is available from Amazon for $50 for the third-generation speaker.


  • Your Guide To Buying Clothes on a Budget

    Your Guide To Buying Clothes on a Budget

    One way or the other, you have to spend some amount of your hard-earned money on your wardrobe..  You can’t walk around without any clothes on, after all. But figuring out which pieces to save money on and which are worth the investment can be a tricky financial path to navigate.

    Timing Is Everything

    Retailers put out-of-season clothing on clearance to get rid of the stock from their stores. You can save a ton buying clothing when you don’t need them — like a winter coat in May or a swimsuit in December. Time your clothing purchases right and you can save hundreds on your clothing expenses.

    January and August seem to be the best months to invest in clothing, Thursday is the best day to shop for clothes, and there are certain days of the week that might be best for specific apparel types. In general, buying off-season usually gets you better deals than buying what’s hot and trendy in the moment, price-wise.

    Buy Quality Clothing

    Unless it’s practically free, you’re better off buying clothing items from good brands with a reputation for well-made items. If you give me the choice between a $10 shirt that’s falling apart after a few wears or a $100 shirt that still looks good after fifty washings, I’ll take the $100 shirt any day of the week.

    Wait, spend even more money on clothes? Yes, in general, you’ll get more value (or cost per wear) out of decent clothes that actually fit you and will last longer rather than doing the “fast food” approach to new clothing every year.

    Cheap T-Shirts, Premium Jeans

    Trendy clothes tend to cost more and have a shorter shelf life. You could spend hundreds trying to keep up with the fashion magazines, only to realize that you no longer adore that peasant skirt six months later. Stick to classic styles and basic pieces that will always be trendy. Just stack your wardrobe with t-shirts and jeans. This is what you will wear the most often.

    Splurge on one or two good pairs of really nice jeans.  Opt for premium denim with an attractive dark wash, with the right amount of stretch.  They should fit far better and will last longer than a cheaper pair. On the other hand, you shouldn’t judge t-shirts by their price tag. Find a cheap off brand tee that fits nicely and buy in bulk. This is because you tend to wash them more than other clothing, and they don’t have that long of a shelf life to begin with.

    Thrifty Thrift Stores

    Thrift stores sell gently used clothing at a deep discount. Many stores also have regular sales or a weekly special. For example, a thrift store in my area has a “50 percent off anything with a yellow tag” sale every Wednesday. Just make sure you’re shopping at a true thrift store and not a vintage clothing store. The difference: Vintage clothing stores sell trendier older pieces at a markup. Thrift stores sell older and newer clothes at a discount.

    If you’re smart about money, clothes shopping should start at thrift stores, consignment shops, yard sales, and the like. There’s a simple reason for that – there are people who tend to basically give away much of their stuff unused or barely used, so why not take advantage of it? Sure, you might browse through a thrift store and find absolutely nothing that works for you, but so what?

    You spent fifteen or twenty minutes searching for a bargain and came up empty. Move on. However, if you find even one or two items that work for your family’s needs and save 75% or more off of the original cost of the item, then the stop was well worth it.

    Sell It

    If you don’t wear certain items of clothing, drop them off at a consignment shop. When the shop sells your clothing, it will cut you a check for a portion of the profits. You won’t get the full amount, but you won’t have to do much work either. Consider going through your closet once a year. If you haven’t worn that sweater in 365 days, you probably don’t need it.

    Consignment is especially good for higher-end items like leather jackets and very lightly used party dresses. Make sure you bring the items to the shop clean and pressed to give them maximum appeal. If you don’t have local consignment shops, consider online stores that do the same thing, such as ThredUP, Poshmark, and The RealReal.

    On or Offline?

    Consider trying to shop in retail stores versus online. Online stores can have some great deals, and for people who know their sizes, it might work out most of the time. But by the time you pay shipping, realize something doesn’t fit and then pay to have the items returned, you might find that online shopping might not be as inexpensive as you think.  Make sure that you pay attention to shipping and return fees if you think there is a chance you might want to return the item.

    Online shopping for accessories, like purses, scarves, or brands that you know fit because you’ve worn them before would be your best bet. But also don’t forget the online version of your favorite local stores.  They’ve been known to also offer deep discounts and a larger selection than their brick and mortar stores on clearance items.


  • Improve Your Credit Score: Start Today!

    Improve Your Credit Score: Start Today!

    You may think that bad credit can keep you from getting a loan or credit card, but it can also cause bigger issues. It can leave you without a car, home or even jobless. The reason for this is that most enterprises use the credit scores of consumers to make decisions about them.

    Lenders use the credit score of borrowers to gauge their creditworthiness, and how likely they are to repay what they have borrowed. Your credit score determines if you can get a loan and what rate of interest you can qualify for.

    If you have a bad credit score, you can lose a lot of money in the long run. Apart from your net worth, your credit score is probably the most crucial number in your financial life. Your credit score also has a significant impact on your net worth.

    What is a poor credit score?

    A poor credit score is one is below 670. Lenders consider a score between 580 and 669 fair and one between 300 and 579 as poor.

    Although different scoring ranges and models for credit scores exist, a majority of lenders use FICO (Fair Isaac Corp.) scores, and they range from 300 to 850. The qualifying credit scores of different loans differ. However, to get the best rate of any lender, your credit score should be in the 700 range at least. In the FICO scoring model, 700 falls in the center of the good range. Lenders consider a credit score of 700 or higher to be good, while 800 or higher as excellent.

    Credit score thresholds that many auto and housing lenders use to calculate the interest rate they can offer

    Here is what many lenders use to calculate the interest rates they can offer and what you should aim for to get the best rates on various type of loans.

    Auto Loan

    Lenders offer car loans at the best rates for consumers whose credit score is 720 or higher. For instance, if your credit score is 700, you can qualify for 6% for a car loan of $29,620, paid over 60 months with the monthly payment being $572. The total interest is $4,701.

    However, if your credit score is 72 or higher, you can qualify for a new car loan at the rate of 4.6% with a monthly payment of $554. This can save you $18 every month and $1,078 over the loan’s life.

    Cash Back Rewards Card

    Almost half 49% of Americans who own a credit card have a cash-back card. This card is among the most popular kinds of rewards cards. If your credit score is 740 or higher, you can easily get a top cash-back card. If your credit score is 650 or lower, you might still qualify for a cash-back rewards card. However, your credit limit is likely to be lower and the interest rate higher. You can make a cash-back card worthwhile by paying your bills in full to avoid paying interest.

    Private Student Loan

    Your credit score does not matter if you are applying for a federal direct student loan as an undergraduate. However, if you need to apply for a private student loan, lenders will look at your credit history and scores.

    To get the best interest rate on your private student loan, you need a credit score of 750 or higher. That’s is about 3%. You can still qualify for a private student loan if your score is as low as 650. However, the interest rate will be much higher. Lenders can charge you 8 or 9% or as high as 14%.

    Mortgage

    Unlike other kinds of loans, mortgage lenders usually pull three reports and end up with what is commonly referred to as a tri-merge credit report from Experian, Equifax and TransUnion. Basically, lenders tend to go with the borrower’s middle score of the three reports. This means you need a score of 760 or better at two of the three to get the best interest rate of 3.32%.

    For instance, according to the FICO loan savings calculator, if your credit score is 759, you can qualify for an interest rate of 3.54% on a 30-year fixed loan of $216,000. You will pay $975 every month and your total interest over the loans’ life will be about $135,000.

    However, if your credit score is 760 and you apply for a loan of the same amount, you would qualify for an interest rate of 3.32%. Thus, your monthly mortgage payment will be $949, which is $26 less. You would pay about $125, 500 in interest over the loan’s life. This means that a 1-point increase in your credit score can help you save about $9,500 in interest.

    Before looking for homes for sale, it is advisable to check your credit score and get your credit reports from the 3 major credit agencies. If you address credit issues early on, you can raise your score before applying for a mortgage.

    How to Repair Credit

    If you improve your credit score, you can qualify for better terms and lower interest rates. That is true whether you need to borrow money for personal reasons or so that you can lease a facility or buy inventory.

    The issue with repairing your credit history is that it is almost the same as improving your professional network. You may only think about improving your credit scores when applying for financing. It is not also possible to repair your bad credit overnight.

    Therefore, you should start repairing your credit right now. Thankfully, it is easy to establish, repair and maintain excellent credit. If your credit score is poor, you can do the following things to improve it.

    Review your credit reports

    The three main credit reporting bureaus – Equifax, TransUnion and Experian are required to provide consumers with a copy of their credit report once each year without charging a fee. You only need to request for a copy of your credit report from the bureaus. Once you get a copy of your free report, view the information in them to see if everything is correct.

    Dispute any negative mark

    In the past, the only way you could dispute errors was by writing letters to the credit bureaus. Now, some services enable consumers to dispute mistakes online. Some factors weigh more heavily on your credit score than others do. Therefore, pay attention to such items first.

    Some factors that affect your credit score more heavily include judgements and collection amounts. It is not unusual to have one or more collection accounts appear on a credit report. For instance, you can have a collection account from a health care provider. Your instance firm may have claimed to pay it while the health care providers may claim it was not paid.

    You can dispute mistakes through each credit bureau. Remember that some errors will take longer to rectify than others, but that is fine. After initiating a dispute, you do not have to do anything else. The credit bureaus will investigate the dispute and report the resolution.

    Spend as long as it takes to ensure that the credit bureaus remove derogatory remarks from your credit history because they have a significant negative impact on your overall score.

    Dispute inappropriate late payment entries

    Errors occur. For instance, your mortgage lender may report that you paid a certain payment late, yet you had paid it on time. A credit card provider might also not enter a payment correctly. It is possible to dispute late payments, regardless of whether they are in closed or current accounts, in a similar manner to the way you inform credit bureaus about derogatory remarks.

    Your payment history can have a negative impact on your credit score. Therefore, do your best to clean up the mistakes.

    Increase credit limits

    Your credit card utilization also has an impact on your credit score. Ratio of credit that is available to the credit utilized makes a significant difference. In general, carrying a balance or over 50% of your available credit impacts your score negatively. Your score also suffers when you max out your credit cards.

    You can improve your credit ratio by paying down your balances or buy increasing your credit limit. For instance, if you owe $2600 on a card with a limit of $5000 and you get the limit raised to $7,500, your ratio will improve instantly.

    You can call the company that issued your credit card and ask it to increase your credit limit. If your payment history is decent, most credit card firms will be glad to raise your limit. After all, credit card firms make more money by lending more.

    After the credit card firm increase your limit, avoid using the additional available credit, so that you do not fall back to the same available credit ratio boat or end up deeper in debt.

    Pay all your bills on time

    The way you pay your bills affects your credit score significantly. Late payments remain on your credit report for 7 years. However, their impact on your credit score reduces over time. One great way to make sure you are never late is setting up autopay for recurring bills like car payments and student loans. Your bills will be deducted directly from your bank account on the due date. Therefore, you do not have to log in to a payment portal or send checks. Make sure there is enough money in your checking account to cover the payments so you will not be subject to overdraft fees.

    You also need to inform your creditor about your ability to repay the borrowed funds. For instance, federal student loans have alternative payment plans which can reduce the amount you owe every month. You can only know about such plans by contacting your student loan servicer and inquiring about your options. Credit card firms may also reduce your interest rate or payment for a particular period if you are facing financial challenges. If you suspect that you will miss a payment, talk to your creditor before it occurs to explore your options.

    Avoid closing older credit lines once your pay them off

    Even though it may sound like an excellent idea to close unused accounts, that is not the case. Doing so could raise your credit utilization ratio and this can lower your credit score.

    Avoid taking out large loans or opening new lines of credit

    You are better off when you have less debt. In the opinion of FICO, it is not wise to open new credit accounts to raise you credit utilization ratio since each credit request can lower your score slightly.

    Pay off high interest credit accounts first

    The age of credit has an effect on your credit report. Interest affects your finances. If you have money like $100 you can put toward reducing credit card balances, concentrate on paying off high interest accounts.

    Pay off the newest credit card balances first. This way, you can raise the average length of credit and this will help your score. Besides, you will not pay relatively high interest.

    How to maintain an excellent credit score

    After completing the hard work of fixing your bad credit score, the next step is to keep up the momentum. That means you should diligently maintain low balances on credit cards, pay all bills on time and seek out new credit only when necessary.

    The length of a person’s credit history accounts for 15% of a FICO score. Therefore, it is advisable to keep old accounts open so you can keep a long average credit history. You can achieve this by placing a small charge on your oldest credit card occasionally, and paying it off soon.

    The range of credit types with your name, also known as the credit mix makes up 10% of FICO scores. It is not necessary to take out a new loan just to diversify your credit mix. However, managing a credit card dependably is an effective way to keep your credit score high. Therefore, if you have not applied for a credit card in the past, you can apply for a secured credit card that requires a deposit. The deposit will become your credit limit. You can make small charges and pay them off every month to improve your score and you could then qualify for a conventional, unsecured card in the future.

    If you take all the steps mentioned above and you still find that you are struggling, you can seek help from an approved credit counseling agency. The agency can assist you to create a plan to manage your finances better and reduce your debt.

    Another option if you are struggling with high credit card debt is debt consolidation. This plan can enable you to roll several high interest debts into one payment, usually at a reduced interest rate and provide you with a single payment to track.

    Be wary of organizations that promise to fix your credit with little effort or time, or claim to charge a fee to fix your credit. It takes time and effort to improve your credit score.

    Summary

    Having a bad credit score can limit the loans you can qualify for and diminish the chances of getting financing at good interest rates. However, such a score should not weigh you down. You can take certain concrete actions now and, in the future, to keep your credit score high.

    Knowing the status of your credit history and making sure you do not avoid the reality of you credit status are essential ongoing strategies in the desire to enhance you credit. Get a free credit report regularly and feel empowered knowing you can improve your financial well-being.