MY BLOG
Credit Card Balance Transfer: Debt Elimination Method
https://youtu.be/2VmLY4N0XUs A credit balance transfer is a financial strategy in which a person moves the outstanding balance from one credit card to another. This is usually done to take advantage of a lower interest rate on the new credit card or to consolidate...
Debt Snowball: Debt Elimination Method
https://youtu.be/CWaPSu3gAJA The debt snowball method is a debt repayment strategy popularized by personal finance expert Dave Ramsey. It is a systematic approach to paying off multiple debts by focusing on clearing them one at a time, starting with the smallest...
4 Things to Consider Before Getting A Credit Card
Credit Score and History: Before applying for a credit card, it's essential to know your credit score. A higher credit score increases your chances of approval for better credit cards with favorable terms. Reviewing your credit history can also help you understand...
The 8 Components of Your Credit Report
A credit report is a detailed record of an individual's credit history and financial behavior. The information in a credit report is compiled by credit reporting agencies, also known as credit bureaus. The components of a credit report typically include: Personal...
The 3 Credit Bureaus
The three major credit bureaus in the United States are: Equifax: Website: Equifax Phone: 1-866-349-5191 Experian: Website: Experian Phone: 1-888-397-3742 TransUnion: Website: TransUnion Phone: 1-800-916-8800 These credit reporting agencies collect and maintain...
Traditional IRA vs Roth IRA
https://youtu.be/LuNi1-0su-Q The choice between a Roth IRA and a Traditional IRA depends on your individual financial situation, goals, and tax considerations. Here are the key differences between Roth and Traditional IRAs: Traditional IRA: Tax Deductibility: Tax...