Getting Fnancially on Track
Author: thejoshua
Posted: Wed Jul 13, 2005 1:41 pm
Post subject: Getting Fnancially on Track
After tax income is $1950 after bills I have about $1100 remaining. I have $4000 in the bank and about $200 CC balance. I have bad credit which I'm trying to improve, and only one card with one year of on time payments, no lates. In December I will have an extra $400 per month, after my car is paid off and my rent drops $100 although my bank account will be empty from the car pay off. I am not building credit on the car however because it's not in my name. I'm also starting school part time online at a loca community college, which hopefully will eventually land me a better job. My goal is to buy a condo in the next few years which average about $200k for my area. As for work I run a small service & retail business for an owner here in town. I take care of everything regarding the business. Payroll, inventory, bill paying, interviews etc. etc. Should I be looking for more pay for my experience?
Any suggestions onhow to reach my condo goal? Should I be searching for a new job? How can I improve my credit? Any help would be awesome.
Author: Sarasotatony
Posted: Wed Jul 20, 2005 9:35 pm
Post subject: Young person Getting financially on track
You are doing a lot better than I was at 22! Don't apply for any new credit for another year or two. Go to each of the three credit bureaus and buy your credit score ($6.95 for Equifax and $5.95 for the other two). Don't sign up for those credit monitoring deals--they are unnecessary. Don't forget: You can now get a free credit report from each of the bureaus. For great advice that helped me build up my credit, go to: www.bankrate.com Type in whatever key words in the search box and you will have all the financial information you need. Also: Tivo or watch the Suze Orman Show on Saturday night (MSNBC) (8:00 pm-10:00 pm eastern). She gives invaluable advice. Good luck!
Author: thejoshua
Posted: Thu Jul 21, 2005 2:58 pm
Post subject: young person getting financially on track
I actually just got a circuit city card and bought a TV interest free for two years, hopefull that helps out my credit a bit more.
Author: PFFrank
Posted: Fri Jul 22, 2005 7:15 pm
Post subject: young person getting financially on track
So, please, please, PLEASE be careful and pay off the balance sooner than later.
Posted: Wed Jul 13, 2005 1:41 pm
Post subject: Getting Fnancially on Track
After tax income is $1950 after bills I have about $1100 remaining. I have $4000 in the bank and about $200 CC balance. I have bad credit which I'm trying to improve, and only one card with one year of on time payments, no lates. In December I will have an extra $400 per month, after my car is paid off and my rent drops $100 although my bank account will be empty from the car pay off. I am not building credit on the car however because it's not in my name. I'm also starting school part time online at a loca community college, which hopefully will eventually land me a better job. My goal is to buy a condo in the next few years which average about $200k for my area. As for work I run a small service & retail business for an owner here in town. I take care of everything regarding the business. Payroll, inventory, bill paying, interviews etc. etc. Should I be looking for more pay for my experience?
Any suggestions onhow to reach my condo goal? Should I be searching for a new job? How can I improve my credit? Any help would be awesome.
Author: Sarasotatony
Posted: Wed Jul 20, 2005 9:35 pm
Post subject: Young person Getting financially on track
You are doing a lot better than I was at 22! Don't apply for any new credit for another year or two. Go to each of the three credit bureaus and buy your credit score ($6.95 for Equifax and $5.95 for the other two). Don't sign up for those credit monitoring deals--they are unnecessary. Don't forget: You can now get a free credit report from each of the bureaus. For great advice that helped me build up my credit, go to: www.bankrate.com Type in whatever key words in the search box and you will have all the financial information you need. Also: Tivo or watch the Suze Orman Show on Saturday night (MSNBC) (8:00 pm-10:00 pm eastern). She gives invaluable advice. Good luck!
Author: thejoshua
Posted: Thu Jul 21, 2005 2:58 pm
Post subject: young person getting financially on track
I actually just got a circuit city card and bought a TV interest free for two years, hopefull that helps out my credit a bit more.
Author: PFFrank
Posted: Fri Jul 22, 2005 7:15 pm
Post subject: young person getting financially on track
So, please, please, PLEASE be careful and pay off the balance sooner than later.
posted by CardRatings.com at 1:14 PM
0 Comments:
Post a Comment
<< Home