Cleaning up personal finances remains one of the top resolutions every New Year. But we all know what happens to most such self-promises, so here’s a month-by-month to-do list to cultivate better financial health…
Goal is to account for a borrower's cash transactions and banking history
When it comes to our credit score, Americans are doing better than ever.
Since bottoming out with an average FICO Score of 686 in October 2009 – one year after the stock market crash of 2008 – scores have risen steadily since, including for the past 8 years.
Currently, the average FICO score in the U.S. has reached 704, a new record that will hopefully continue to rise.
New Credit Score Coming in 2019
In the fall of 2018, FICO, Experian, and Finicity announced a new credit score called UltraFICO Score, which is when the consumer – you and me – agrees to contribute information from our checking, savings and money market accounts in order to provide an “enhanced view” of our financial behavior.
Check out the recent article from GoBankingRates.com on June 4, 2018 written by Gabrielle Olya where we were quoted on How to Save Money Fast: 3 Ways to Save $1K in a Month
To save money fast, start by challenging yourself to save $1,000 in a month. Shifting your focus to saving for a 30-day period can help you make saving an everyday priority, and can set you on the right track to build up a healthy emergency fund or retirement nest egg.
Here are three ways to save money quickly.
In order to save money fast, you’ll need to follow three basic rules. Here are the three ways you can save $1,000 in a month: