Hey! Do you know the four biggest things that impact your credit score?

A credit score is a rating that banks use to make a decision when you apply for a loan.

About 35% of your score is based on your payment history. Did you pay your bills on time? And do you always pay at least the minimum amount?

About 30% is determined by what you owe and is broken into two parts: the total amount you owe your lenders and how ...

Hey! Do you know about the 50-30-20 rule of budgeting?

This rule is an easy way to evaluate how much you should be spending on a monthly basis, by recommending that you spend 50% of income on needs, 30% on wants, and 20% on savings and debts.

For example, let’s say you make $1,000 in a month. 

50 percent of that is $500, and you’d put it toward something like your rent or mortgage, groceries, and utilities.

30 percent would be $300 for wants, ...

Hey! Let’s talk about insurance deductibles.

In a nutshell, high deductible equals low premium, but higher risk. Low deductible equals higher premium, but less risk.

So here are the details:

A premium is how much you pay each month for your insurance policy, while a deductible is how much you pay before your insurance kicks in.

This applies to auto insurance, health insurance, homeowner’s insurance and business insurance.

Say you need a $10,000 surgery. With a low deductible policy, you may have to pay $300 ...