When you’ve been battered down and battered down and battered down, your spirit gets broken.
Late payments also hurt your FICO score. And never, ever take out a cash advance on your credit card.
Make this the year you tackle that credit card debt once and for all.
Never, ever invest money that you will need prior to three to five years – minimum.
I’ve learned an encyclopedia version of life from Oprah Winfrey.
Opt for a fixed-rate rather than an adjustable-rate mortgage.
The world does not need another credit card.
They got married, they got divorced, and half their money goes out the window.
I get more inspired by seeing everyday people succeed against the odds than anything else in life.
I have always advocated doing everything possible to pay off credit card balances; it’s good financial management and the ticket to a strong FICO credit score.
The world needs another vehicle to get people to pay in cash.
The foundation of a financial fresh start actually has nothing to do with money or specific financial dos and don’ts.
If you’re in poverty and all you have is a debit card or a prepaid card or you pay in cash, it does not report to a credit bureau. If it doesn’t report to a credit bureau, it cannot create a credit score for yourself.
Private student loans should be avoided at all costs.
Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts.
Opposites may attract, but I wouldn’t put my money on a relationship of financial opposites.
If you’re going to live in the house make it your goal to just pay off your mortgage.
Once your kids are grown and you know that you’re completely healthy, consider canceling your life insurance policy.
Rather than saying, ‘My checking account is a wreck,’ change it to ‘I will learn how to track my spending and balance my checkbook.’
Ignore the annual percentage rate when shopping for a mortgage.