A credit report is a summary of your credit history which is compiled by the credit bureau. This document tells lenders how well you pay your debt and if you are a trustworthy person.
The concept and understanding about Financial Wellness differs from person to person. Everyone has a different understanding of what is means, however here are a few basic steps you could follow to achieve wellness in your financial status.
An emergency fund is used to plan for the unforeseen future. It requires you to put money into a savings account every month, that is kept for a rainy day when you could have unexpected expenses.
In this video we explore ways in which you and your family can save on your monthly grocery bills.
Many people get confused about the difference between debt consolidation and debt review. We explain the difference in this video.
In this video we highlight a few tips on how you can improve your credit score.
Your credit score determines your ability to qualify for loans and to get better interest rates when borrowing. The higher your credit score, the lower the risk you pose to a lender or bank.
Your financial goals define how much you need to save, they help form your career choices and they help you stay focused while creating a sense of achievement.
Financial goals are the "targets" you want to achieve, by using money management skills.
With the price of properties spiralling ever upward it can be difficult to understand how anyone can afford them. Fortunately bonds exist and can make owning a home a much more realistic prospect than attempting to save for one in cash.