The best thing to do is sit down and write all your bills out on paper along with your monthly expenses, that way you have the big picture there in front of you.
Once you get the debt on paper, then do an income sheet, subtract the monthly debt from the monthly income and you will see what you have left over.
Most important thing is to pay your bills on time each month, this will give you a good credit rating.
Good advice. Although I find it quite depressing when I do it..it still needs to be done. Seems like with every gas hike the plus side goes lower and lower.
Lower is not low enough these days, the other day I had 30 cents off a gallon and still ended up paying over $3.05 a gallon, crazy, thank god my car is really easy on gas. I hate paying that pump that way and there is absolutely no way around it, have to go to work every day.
MY advice, on the 'credit thing?".......don't APPLY for good credit, if you know you're having 'money trouble' NOW. Keep paying on what you have and..yes.. your score will go up. It does take time, though.
I am assuming that all of your accounts are still in good standing? If this is the case youa re in good shape! Just make sure that you budget out your money so that you make all of your min payments (if not more) on time each month. If you dont have a credit card you should really consider one. As long as you have the money for it and can trust yourself not to run up a huge bill. They do great things for your credit.
At the same time try to keep your monthy bills as low as possible. That way if you have a bad month, you dont have as many bills that you are obligated to pay.
If you do have some issues with your credit there is alot of ways that you can deal with it depending on the type of debt it is.
I also agree with CMBV22 on this point. If you don't have a credit card then you should consider one, but make sure that you spend only that amount on the credit card which you will be able to repay. This will help you raise your credit score and will put your credit report in good stead for future borrowings.
Welcome to the forums blondontherun2000,
The best thing to do is sit down and write all your bills out on paper along with your monthly expenses, that way you have the big picture there in front of you.
Once you get the debt on paper, then do an income sheet, subtract the monthly debt from the monthly income and you will see what you have left over.
Most important thing is to pay your bills on time each month, this will give you a good credit rating.
goodluck :D :D
Good advice. Although I find it quite depressing when I do it..it still needs to be done. Seems like with every gas hike the plus side goes lower and lower.
Lower is not low enough these days, the other day I had 30 cents off a gallon and still ended up paying over $3.05 a gallon, crazy, thank god my car is really easy on gas. I hate paying that pump that way and there is absolutely no way around it, have to go to work every day.
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MY advice, on the 'credit thing?".......don't APPLY for good credit, if you know you're having 'money trouble' NOW. Keep paying on what you have and..yes.. your score will go up. It does take time, though.
blondontherun2000,
I am assuming that all of your accounts are still in good standing? If this is the case youa re in good shape! Just make sure that you budget out your money so that you make all of your min payments (if not more) on time each month. If you dont have a credit card you should really consider one. As long as you have the money for it and can trust yourself not to run up a huge bill. They do great things for your credit.
At the same time try to keep your monthy bills as low as possible. That way if you have a bad month, you dont have as many bills that you are obligated to pay.
If you do have some issues with your credit there is alot of ways that you can deal with it depending on the type of debt it is.
Good luck!
I also agree with CMBV22 on this point. If you don't have a credit card then you should consider one, but make sure that you spend only that amount on the credit card which you will be able to repay. This will help you raise your credit score and will put your credit report in good stead for future borrowings.