Posts Tagged ‘credit’

At the end of last month, I discussed how the basic net worth formula reveals several money management insights. As part of that article, I started a little game where I ask my readers and other bloggers to join in and list idea to increase income, reduce expenses, save money, pay of debt, etc. [...]

It has been a while since I wrote about my peer-to-peer lending investments. DebtKid recently interviewed me, and you can see our interview on Lending Club. One of the questions the stuck with me was: “Do you think P2P investments should fit into an investor’s portfolio?”

Peer to-Peer Lending Is Not Ready for Prime Time
In [...]

For someone who doesn’t carry a lot of debt, I didn’t give Debt-to-Income Ratio a serious thought until I start lending money on peer-to-peer lending networks — i.e., Prosper and Lending Club. The truth is, DTI is important; especially in the business of borrowing and lending money.
Two Kinds of Debt-To-Income Ratios (DTI)

Front ratio [...]

This post is inspired by one of my readers, whom I will call Mr. M. This is not the usual improvement tips, so don’t follow these. If anything, please do the opposite. Here are 10 ways to completely ruin your credit score, waste a lot of money, and get yourself in trouble:

Respond [...]

One of my favorite motto is: “simpler is better.” I think it’s crazy how someone like Madison can have 181 accounts and still live a sane life (hi, Madison). Since she shared her strategy on how to manage her 181 accounts and complex finance, I’ll share how I simplified mine.
1. Start payroll deduction [...]

Ever since Prosper signed up as an advertiser on Moolanomy, I have been thinking about lending out money on Prosper as a way to build alternative income. Looking around the web, this seems to be a legitimate way of growing my money without relying on the stock market. Here are some excerpts from [...]

Now that the benefits enrollment for my company is over, I can start thinking about things that I could do before the end of the year to make my money work harder for me. Here are 22 ideas that I want to share with you.

Photo from morgueFile

Boost 401k contribution – I think I will [...]

I found this great list on Wonders of the World so this week carnival will be based on wondrous things in the world. There are a lot of submissions this weekend but I did manage to read through them all, and could certify their high quality. I list these in the order in which they [...]

Credit cards can be extremely beneficial to individuals and even small business owners. Then again, many can tell or have at least heard of one credit card horror story. Either way you look at it, a responsible and well disciplined person can use credit cards and their perks to their advantage.

Photo by Ian Britton via [...]

As you can see, I have adjusted my sidebar a little and split it in two halves — I hope you like the new design. I wonder what the original template designer think about all the changes I have made so far. I will be hosting the Carnival of Money Stories #33 [...]