Category: Credit

Netflix Method for Building Credit

Sticking to a budget is easier when you know how much you are going to pay each month.  That’s why subscription services are so great, you don’t have to budget in the number of times you use the service. Just like the Gas Method of building credit, my completely […]

Is it Good to Close Credit Cards?

Yes! But also, no! Like everything, it depends on your financial situation.  You may think about closing a credit card that you don’t use anymore, but that could hurt your credit score. Pros: Closing your card gives you one less credit card to worry about.  Whether you worry […]

Should You Have a Credit Card in College?

I remember when my family dropped my older sister off at college, seeing booths full of exited college students trying to get other college students to sign-up for credit cards.  To me, at the time, credit cards were the ultimate sign of financial irresponsibility. My dad would scoff […]

Hard vs. Soft Credit Inquiry

Creating an accurate credit score is a very complicated process. Many things decide your credit score, including those unrelated to making payments.  One thing credit card companies don’t want to seeis  someone gaining too much credit too quickly. Quickly trying to open many lines of credit could be […]

The Gas Method of Building Credit

It can be hard not to reach for your credit card when you see a shiny pair of shoes or drive by that expensive sushi place down the block before your next paycheck, but keeping your purchases consistent is the best way to track your credit.  We’ve all […]

Credit Card Mistakes To Avoid

Getting your first credit card can be a scary experience. Credit card debt can grow exponentially if you’re not careful and can affect your ability to buy a car, a house, or even get a job. Ideally, spending money you don’t own is never a good idea, but it’s not always practical.  Whether for building credit, or making end of month payments, here’s the most common credit card mistakes new credit card users make.