UtahCreditCoach uses a unique software program we call "Home Sweet Home." The program guides you, step by step through the process, coaching you to reach your credit goals. Once you are enrolled, you are able to log into the system, anytime, anywhere and work towards improving your credit scores. REGISTER HERE FOR A FREE, PRIVATE CONSULTATION!
A huge group of tax filers out there deserves bigger tax returns, according to the IRS.
In its annual campaign, the IRS and its partners are reminding working people who don’t make great money they might qualify for the Earned Income Tax Credit.
But they have to claim the credit designed to ease the burden of low- and moderate-income workers and families, and one in five who qualify don’t, according to the IRS.
All those holiday splurges – the Christmas gifts, the tree, travel expenses and all those gourmet ingredients for cooking and baking have wreaked havoc on your credit card balances and your overdraft. Here are just a few tips on how to get back on the road to financial freedom after the holidays.
Credit Card useage rose after a 27 month decline in balances.
Consumers beware the increase in your balances will affect your credit score. Credit Useage accounts for 30% of your credit score. When balances increase so do your monthly payments. This may affect your debt to income ratio when you go to qualify for a home.
If you are in the process of purchasing a home, do not increase your credit card debt. You would be surprised how as little as a $5 charge can affect your score and make the difference between the better interest rate or even qualifying for your loan.
for all your credit needs visit http://www.UtahCreditCoach.com
Since gas prices continue to rise, I thought I would put together some helpful tips on how to save money on other areas of your budget. Food/Groceries. While some of these tips may seem obvious, they are all good reminders to help us stay focused.
Eat at home this includes making your own coffee
Plan your meals for the week
Shop with a plan, prepare a list and stick to it
Shop the perimeter of the store while marking your items off the list. Anything left on your list? Now you can briefly step inside the isles to grab the remaining items.
Eat before you shop, never go when you are hungry
Avoid all the “prepared meals” while they may be easy to buy, they cost a lot more than planning ahead and doing it yourself.
No bottled water, invest in a water filter if you dislike tap water
Avoid distractions, shop without your kids. Every extra minute you are in the store the likelyhood of you purchasing impulse items increases.
Buy in bulk only when the per-unit cost is lower than small package sizes. Beware of having to store bulk items and bulk produce going bad before you’ve had a chance to consume your groceries
Use store cards/rewards cards if they offer you discounts
Use coupons make sure to check the paper and online for manufactureers coupons and store coupons
Buy Locally: check out the farmers market
Look down: most expensive items are normally placed at eye-level, end caps and checkout lines
Take some time to compare prices and stores, shop for sales
Be creative and substitute recipe items for cheaper alternatives. A great place to check out substitutions “The Cooking Thesaurus.”
Keep your kitchen well stocked which means you keep the “staple items” on hand so you don’t have to shop spur of the moment. Which reduces your number of shoping trips
Credit card debt, left unchecked, can pile up quickly. Especially for debtors making minimum payments.
According to the Federal Reserve, a credit card balance of $5,000 at 23.99 percent APR won’t pay off for 16,127 years. That’s one reason why it’s important to manage your credit card rates, and renegotiate them whenever possible.
In this 4-minute piece from NBC’s The Today Show, you’ll learn the tested tactics that can cut a credit card rate, and get monthly payments to a more manageable range. And it’s do-it-yourself — no debt management firms required.
Some of the tips in the video include:
Compare your current rate to the rate offered to new customers. Ask the lender for “new customer rate” if it’s lower.
If your credit score has improved since application, ask for an interest rate more reflective of your current credit score.
Be nice to the customer service representative. Kindness helps.
Managing debt is an important part of household budgeting so if you’re finding your credit card payments and/or rates too high for your liking, try following the instructions as described in the video. And, above all else, be persistent. The credit card companies won’t likely approve your first request.
Did you charge all your holiday spending on your credit cards? Are your cards maxed out? Are you cringing at the thought of opening up your January Credit Card statements? If you are currently in the process of buying a home or want to buy a home in 2011 we need to get your credit score in order, check us out, UtahCreditCoach.com
Holiday Spending hits record levels this holiday season. During the period October 31 to December 24, U.S. consumers spent an estimated $36.4 billion, a 15.4% year-on-year increase over the 2009 holiday season.
Does that make your stomach flip? Are you scared to open your credit card bills this month?
Its time to take control.
Enroll in the Home Sweet Home program at UtahCreditCoach.com
UtahCreditCoach.com #2 question asked: How Does Your Coaching System work….will you do the work for me? For More Information check us out at UtahCreditCoach.com If you would like a private consultation click on the link and fill out the form.
A huge group of tax filers out there deserves bigger tax returns, according to the IRS.
All those holiday splurges – the Christmas gifts, the tree, travel expenses and all those gourmet ingredients for cooking and baking have wreaked havoc on your credit card balances and your overdraft. Here are just a few tips on how to get back on the road to financial freedom after the holidays.
Thought this was funny – and good advice!
