Making Sense of FICO Credit Scores

Making Sense of FICO Credit Scores

Have you ever wondered how FICO credit scores are determined? Better yet, have you tried to explain the process to your children in an effort to prepare them for their own financial futures? It’s important for you (and your children) to understand FICO credit scores because insurance firms, landlords and even employers can use them as a way to determine your level of responsibility. Here’s an overview to help you make sense of FICO credit scores.

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10 Great Financial Blogs for Millennials

10 Great Financial Blogs for Millennials

According to a 2015 survey from T. Rowe Price, a more appropriate term for millennials might actually be “the Money-Conscious Generation.” Apparently, the 18- to 34-year-old set is better about tracking their spending and sticking to a budget than Baby Boomers. Here are 10 great financial blogs to help millennials increase their financial literacy, reduce their debt, and prepare for retirement.

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5 Tips to Stop Overspending on Your Children

5 Tips to Stop Overspending on Your Children

In this age of immediacy many parents have fallen victim to adage of “more is better”.  According to T. Rowe Price's 2016 Parents, Kids & Money Survey, 57% of parents say they spend too much on things their kids do not need.  Here are five tips to help you combat the “more is better” mentality.

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Meaningful Christmas Giving – A “Three Wise Men Christmas”

Meaningful Christmas Giving – A “Three Wise Men Christmas”

The over-commercialism of Christmas can leave parents exacerbated as they strive to keep the meaning of Christmas at the forefront for their families. I experienced that frustration when my three children were younger and came across a great gift-giving alternative in a magazine article. It was a wonderful concept for saving money in my Christmas giving while also teaching my children the importance of the meaning of the season—the birth of Jesus. 

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10 Christmas Gift Ideas for Grandparents

10 Christmas Gift Ideas for Grandparents

Grandparents are well known for spoiling their grandchildren. Yet when it comes time for giving back to them at the holidays, it can be difficult to find gifts that are both affordable and meaningful. So, what do you get for the grandparents who may seem to have everything they need? Here are ten fun and creative holiday gift ideas for the grandparents in your life.

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Creative Holiday Giving on a Tight Budget

Creative Holiday Giving on a Tight Budget

According to the National Retail Federation holiday shoppers plan to spend an average $463 on family members, up from $458 last year and the highest in survey history. Your family doesn’t have to break the bank during this gift-giving season. Here are seven wonderful ideas for creative holiday giving on a tight budget.

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Debit vs. Credit: Pros and Cons of Plastic

Debit vs. Credit: Pros and Cons of Plastic

Using credit cards has its benefits, but not without risk and room for error. Credit cards may provide more opportunity, as long as you maintain good financial responsibility. The alternative — debit cards — have limitations that can help deter mistakes. The the advantages and disadvantages here...

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Holiday Giving - Teaching Kids the Spirit of Volunteering

Holiday Giving - Teaching Kids the Spirit of Volunteering

Families that focus more on the material side of the holidays tend to feel less happy than families that focus on spending time together. Make a commitment to create a new tradition this holiday season and give the gift of yourselves to others by teaching your kids the spirit of volunteering.

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