“Do not save what is left after spending; instead spend what is left after saving.” ― Warren Buffett “It’s unfortunate how some people complain about being financially unstable, yet they use their last savings to acquire material things.” ― Edmond Mbiaka Dr. Linda
Continue readingYour credit report can be a great asset in life. However, if you don’t maintain a good credit history then your credit report has the potential to become a liability. Making timely payments on loans, utilities, and credit cards etc. is something that you should always strive to do if you want good credit. You […]
Continue readingYour credit report contains important financial information that affects the likelihood of obtaining loans in the future. Whether you need to apply for an auto loan, a mortgage, or even a credit card, this report will be important. Lenders are responsible for updating the information on your credit report, but mistakes are sometimes made. You […]
Continue readingYour credit report is one of the most important aspects of your financial life. It provides a history of your credit transactions with banks and other lenders. Your credit report impacts your ability to get credit for things like buying a home, to getting the job that you want. There are three main credit reporting […]
Continue readingJust as loans require interest payments, any money that you deposit in an interest-bearing savings account will also attract interest. In our last mini lesson on interest, we look at how interest works when you save. Interest on Savings Simple interest of 5% on a savings balance of $100 would result in a gain of […]
Continue reading