by Lori Atwood | Nov 20, 2013 | Debt and Credit, Financial Fitness
I love this topic because it feels so good to get this big of a bang for your buck. Did you know that if you have a 30 year mortgage, the total amount you pay can be more than double the amount of your original mortgage because you’re paying over such a long period...
by Lori Atwood | Nov 14, 2013 | Debt and Credit, Financial Fitness
1. Don’t make your credit card company “twitchy” – Consistency is the name of the game. Don’t make any sudden moves like charging a new car to get the miles or suddenly opening a bunch of new credit lines (car, consumer, and mortgage). Your credit card company...
by Lori Atwood | Aug 27, 2013 | Debt and Credit
If you have balances on more than one credit card, what’s the best strategy to start paying them down? First, there are a few DON’Ts: Don’t consolidate even though it “feels” better to have only one payment, you may end up paying more in interest or fees...
by Lori Atwood | Aug 27, 2013 | Debt and Credit
I’ve been in finance a long time and I do not believe debt is a bad thing. Debt is a powerful tool if used correctly and in moderation. If someone hands you a chainsaw, you’re going to want to learn how to use it first before turning it on because someone can get...
