Managing Your Money Begins with Good Credit

May 17, 2011 - PRLog -- We all make excuses when it comes to that funny green paper we carry in out wallets. Some of us have no problem socking away some green for an emergency or a rainy day. However; millions of Americans have no savings or anything in case of an emergency. The sad truth is that most of us are living pay check to pay check and by the time their bills are paid-there is no loose change jingling in out pockets. Can we change all this? According to Leola Dobbertin there are things we can do to start pocketing some money for retirement or for that vacation we've been dreaming of. How do you begin the process of managing your money? Let's begin with achieving good credit. Leola Discusses how having a good credit score is important for working Americans. You can read her blog-article at: http://www.tipsonmoneymanagement.com/building-your-credit/ . Many Baby boomers have struggled to keep up with the Jones and fallen for the “but now, pay later” schemes. That way of thinking has caused many baby boomers to fall under the graces of badgering creditors and empty bank accounts. Leola Dobbertin created a a blog-site with many money management tips. You are invited to visit her new blogsite at: http://www.tipsonmoneymanagement.com/ .




For older Americans , most of us were able to get credit cards before we reached the age of twenty-one. We were coerced into the world of quick fixes, with nothing to protect us from the results of our poor choices. Today’s generation is protected by the Card ACT and anyone under the age of twenty-one needs to have the signature of a parent or a guardian before the application will be approved. The CARD ACT is a way to protect young adults from making poor financial choices. This could perhaps save their credit for years to come. This type of money management is preventative medicine that can effect the future of an individual. You can read Leola Dobbertins blog article here at: http://www.tipsonmoneymanagement.com/building-your-credit.




Building your credit may not be as easy as it used to be, but chances of going into debt are less with the protection of the CARD ACT. There's no doubt that a credit card can come in handy. Most rental car companies will not allow you to rent a vehicle unless you have a major credit card. You can read Leola Dobbertins new article on managing credit cards here: http://www.tipsonmoneymanagement.com/managing-credit-cards/ . Americans have long been identified by their credit. The only difficulty with this is that owning a credit card can also trigger impulse buying for some. Impulse buying can lead to poor choices that will later effect our finances. So here's the 101 on the CARD ACT: it actually has slowed down the use of the credit card. Has it stopped folks from impulse buying? Perhaps not-but it is the beginning of a better plan to achieve good credit or keep the good credit you already have. For more tips on money management visit Leola's new blogsite today at: http://www.tipsonmoneymanagement.com/ .

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