Key Takeaways If monthly charges stay about the same you are using a smaller percentage available to you Keep your spending to less than 30% of total available to you Ask for an increase when things are financially good-just in case for a rainy day need This article on Investopedia points how increasing your credit limit on existing credit cards is better for your FICO score…
CONTINUE READING >For the first time in a long time we have more cash and gas in the car at the end of the month. Not too long ago we had more month left at the end of our paychecks! This article from Kiplinger shows that we are saving at the highest rate since 1975. When this pandemic settles we could have a tremendous amount of pent-up demand…
CONTINUE READING >Just when you thought you had all your ducks and documents lined up you find out reading this good article at Raymond James that the Social Security Administration (SSA) needs more. We have been advised to establish powers of attorney, have medical directives in place and have long-term care insurance. The Raymond James article “Protecting Your Social Security Payout” points out “1 in 3 seniors die with…
CONTINUE READING >While business owners plan for everything from sales to supply chains many do not take the time to consider the consequences of losing an owner, salesperson or key employee. The loss of this person would have substantial financial loss to the business. This is where Key Person Insurance comes in play as outlined in the article by Waterfront Financial Group. Typically the business owns the insurance…
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