Skip to main content

Finance Fridays: Credit Reports


The first step in understanding your financial health is requesting your three credit bureau reports online at annualcreditreport.com. This site, which you can you use once a year for FREE reports, is connected to Experian, Equifax and Transunion. A credit report will display all open, closed and in collections accounts you have.

I cannot stress enough the importance of these reports. Print them and place them in a binder labeled "Credit Reports".

The first time I pulled my free reports, I had a lot of accounts in collections. My debt-to-credit ratio, the amount I owed compared to the amount someone was willing to give me, was bad. What boosts your credit scores, which I'll cover next week, is a good debt-to-credit ratio, as in more credit and less debt.

I have two people in my family with the exact same name - nothing to identify them apart but social security numbers. When they pulled their credit reports, several accounts were crossed. So, we disputed those accounts online through the credit bureaus site (free online to dispute; can also dispute via mail). After some time, the right accounts went to the right person. But, had we not checked, there would have been more problems down the road.

You are judged by banks and other financial institutions by your credit health. Everyone, even apartment leasing offices, pull credit reports. Be vigilant and on top of it because no one else will do it for you.

Diana

Comments

Popular posts from this blog

Junk Drawer Organization

I just moved to a new city and state, and none of my storage space in my new apartment is like all my storage space in my old house. I downsized from 2,000 square feet to 900 square feet, so I am trying to cope.


















The junk drawer is always a hassle. It won't open well, it won't stay shut, or you can't find anything.
Dollar Tree to the rescue! I purchased plastic skinny storage containers and poster tack (putty) all at the dollar store. For less than $5, I have this now:

No labels needed. Each container had very little in it. One for pens, index cards (used for shopping lists), measuring tape, tape and stapler, mini flashlight and box cutter, and letter opener and hole punch.

Simply cut a dime-size chunk of poster tack. Place it on the bottom corners of your containers. And, place the container in its rightful spot. When you open the drawer, nothing moves or jingles. So nice!!

Let me know what you've done to tame your junk drawer.
Diana

Free Printable - Daily Journal

I journal everyday. I jot down a few sentences or bullet points that help me set the tone for my day, and then I reflect on my day. It creates self-awareness and motivation. It helps me understand what is really important to me.

I have been through a rough few months due to a job loss that, which was really a blessing to lose. I was bullied excessively by a manager for 11 months. It took a lot of strength for me not to quit and stay motivated. This journal is what helped!




Download here!

1. Visit link.
2. This is a PDF. So, print page 2 in color (or black and white), double-sided. That will give you four days of journaling per page. Print as many pages as you want. I printed 90.
3. Print the cover page as the cover of your journal.
3. Three-ring hole punch or spiral bind hole punch the top of each page.
4. Bind in three-ring binder or spiral binding.



Easy Potato Soup and Slow-cooker Short Ribs

I've said it before and I'll say it again: I am a good cook in my heart, but my hands do something else. I MUST follow recipes in order to produce good food. Bless those of you who can whip up something without a recipe. I want to be you when I grow up.

My husband was out of the country for a week, living on restaurant food and room service. For the country he was working in, it was for the best. Still, he craved low-sodium home cooking. So, I have to share these winning recipes with you. Follow or adjust and let me know how it turned out. Photos encouraged.
Easy Potato Soup Quick and easy potato soup with a kick, thanks to red pepper flakes.


Ingredients: 6 to 8 red potatoes, peeled and quartered2 to 3 Tbsp. butter [substitute 3 Tbsp. canola oil] 2 small carrots, diced or shredded1/4 c. finely chopped onion2 Tbsp. flour4 c. milk2 Tbsp. finely chopped parsley [substitute 1 Tbsp. parsley flakes]1 Ttbsp. salt1/2 tsp. seasoned salt [substitute 1/2 tsp. ground black pepper]1/4 tsp. red …