Financial Well-being

Want to improve your credit score? Want to cut your tax bills?  Like to tear up hundred dollar bills? (You're probably doing that). How about this:  want to wake up retired and without money?  Your Financial Well-being rules your life.  We put you in charge of the rules.


What Is a “Credit Score” And How Can It Affect Your Credit?

altWhat is your credit score? And why is it important? In this report, we give you some basic facts about credit scoring that highlight its importance to your financial health. Credit scoring is a system of statistically analyzing credit reports that provides a simple three-digit score comparing an individual's past and current credit performance to that of similar consumers. Your credit score provides lenders, or other potential creditors such as insurance companies or landlords, a quick, fairly objective way to assess your creditworthiness—or likely ability to pay back a loan or mortgage or pay the rent. Knowing your credit score (along with regularly checking your credit report) is a smart thing to do.

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Tips for Improving Your Credit Score

credit_consolodateWhether your credit is already good or could use some improvement, managing your personal finances in ways that enhance your creditworthiness is always smart. Adopting sound practices that enhance your credit score is a good place to start.

The topic of credit scores has been in the personal finance news since credit reporting agencies began to make such scores available to consumers several years ago. This event has opened the door to a number of Web-based companies that offer to provide your score — along with outrageous fees — for what may be inaccurate information. You can get all this information yourself for much less. The FoolProof Report, "What's Your Credit Score, and How Can it Affect Your Credit?" explains credit scoring and tells you how to get accurate information about your score for a reasonable fee.

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Thinking About Home Improvement? What Do You Need to Know? Tips for Saving Money and Avoiding Rip-Offs


In the spring, a homeowner’s thoughts turn naturally to home improvement. As sure as the flowers bloom, however, the thoughts of home improvement service providers—the good, the not-so-good, and the scamsters—turn to selling their services and wares to homeowners. How do you get the improvements you plan done right and at the right price? No matter the type and size of your project, from a “simple” paint job or roof repair to a home expansion, knowing how to define your project, find the appropriate financing if necessary, and locate and evaluate the appropriate products and contractors is a must. This report covers those basics step by step.

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Considering Debt Settlement? Why That's Probably a Dangerous Idea


At the end of 2015, U.S. consumers' credit card debt had grown to over 900 billion dollars. Average household credit card debt is over $7,500. If you are struggling to manage debt, then ads like these may be tempting:

  • Eliminate 50 -70% of your debt legally. It's your right!
  • Pay off your debt for pennies on the dollar.
  • New government programs! Take advantage of free and easy programs for those in debt right now.
  • Stop harassing calls from debt collectors!

What's the problem with such "offers"? They are misleading and deceptive at best. At worst, they are fraudulent, abusive, unfair, and some are illegal. Signing up for them could leave you in worse shape financially than before. This report gives you the facts behind the claims of debt settlement companies and profiles better options for resolving debt problems.

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Manage Your Finances Digitally – Online Services are Quick, Convenient, and Secure


How busy are you? Very! Isn’t that right? Most of our “to do” lists are a mile long. How would you like to save time on some repetitive financial chores while increasing security and benefits? Most people have online access to their financial accounts, but many are not taking full advantage of some major benefits offered such as direct deposit, electronic bill pay and even “paperless” statements. Take a moment to see how these services might work for you.

Take advantage of direct deposit

If you’re not using direct deposit, then you’re missing out on some important benefits. With direct deposit your paycheck, social security check, retirement check, or any other recurring check is electronically deposited into your account. You don’t have to wait for the check to come in the mail or go to the credit union to deposit it. There’s no worry that the check might get lost in the mail or stolen from your mailbox. You also get your money more quickly. With direct deposit, the funds are typically available the day the deposit is made.

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