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Monday, May 27, 2013

About Credit / Debt Management: Big Credit Score Misconceptions


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From LaToya Irby, your Guide to Credit / Debt Management
While credit scores are increasingly important for lives, many of us are still in the dark on basic credit score knowledge. Granted, credit score scientists haven't told us all the specifics of the scores, but some basic information has been given to help us build better scores.

5 Things Many People Don't Know About Credit Scores
For the past three years, the Consumer Federation of America (CFA) and VantageScore Solutions have surveyed a group of consumers to gauge their knowledge of credit scores. This year's results reveals 5 big misconceptions about what influences credit scores and how they're used.

10 Things That Don't Hurt Your Credit Score
Credit scores are used to predict the likelihood that you'll repay what you borrow. There are some factors that don't influence your credit score. For example, it may surprise you to know that income is not a factor in your credit score.
Search Related Topics:  ordering a credit score  what's in a credit score 

15 Credit Score Killers
Keep your credit score in tact by avoiding actions that can harm it. Late payments can hurt your credit score significantly, so always pay on time.

Credit Score Quiz
Test your knowledge in this 10 question credit score quiz!
Search Related Topics:  what's in a credit score  credit quizzes 



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This newsletter is written by:
LaToya Irby
Credit / Debt Management Guide
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Free Money Finance - US college proms are expensive and can set back family finances


  Philippine school parties and graduation are becoming prohibitive.  Many graduates I know neither attended the proms nor the graduation.  Because they did not have the money then.    

 

   But we do not want our children suffer the same fate;  do we.  So what happens.....

 

Free Money Finance


Posted: 24 May 2013 01:29 AM PDT
Here's a piece from the Wall Street Journal that says families with teens going to proms spent an average of $1,139 on the event last year.

All I can say is "wow".

Most of the cost is in the attire (as you might expect), but there are also costs for transportation, flowers, photography, and tickets for the event. They all add up to an average of over $1,100. Which is over $1,000 more than what we spent this past year.

My son went to his prom (called a "Spring Fling") this year with a group of friends. He spent $45 on a ticket and about $50 on clothing. We dropped him off/picked him up. Food was included in the ticket cost -- as was post-event entertainment (they went to a local indoor go-cart/laser tag/entertainment facility -- staying until 1:30 am.) It was a great night for him (he had a blast) and we didn't need to spend a fortune.

I'm not sure how we could have spent a fortune if we wanted to. Perhaps some readers who are prom parents can enlighten me on how the costs get so high.

Anyway, I was surprised the numbers were this high. If they are true, the cost of prom is getting as out of control (relative for what you get) as the cost of weddings.

What did you (or your child) spend on prom this year?

About Entrepreneurs: How are You Using Social Media to Market Your Business?


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From Amanda McCormick, your Guide to Entrepreneurs
This week -- we have a couple of new pieces especially focused on social media marketing. Why? Simply because it's one of the most cost effective ways to market your business. Hope you'll share your own experiences in the comments!

How are You Using Social Media to Market Your Business?
I can't say that I always believed in the power of social media marketing. In the beginning, I wondered, can Facebook really support business goals? My trial by fire came when... Read more

What are the Best Jobs for "Mompreneurs"?
Mother's Day got me thinking about "mompreneurs" -- they are moms who juggle the demands of raising kids with the demands of raising a business. But what are some of the... Read more

6 Questions Your Marketing Strategy Should Answer
Marketing is my background -- I've spent more than ten years in New York working on marketing campaigns big and micro in nature. But that doesn't mean that crafting a... Read more

Becoming an Entrepreneur
Making the choice on becoming an entrepreneur can be a challenge unto itself. Start here for information on the entrepreneurial lifestyle, types of businesses you can start, and other information you'll need to help you decide if the life of an entrepreneur is right for you.



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Even couch potatoes can be ready for a 5K with just a couple months of training. Read more...>


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This newsletter is written by:
Amanda McCormick
Entrepreneurs Guide
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