Paying your bills on time is a very important part of determining your credit. The more you pay your bills on time the better your credit is. If you are someone that has a hard time with keeping billing dates in mind one way to make sure your bills are paid is by using a personal calendar or if you on the internet a lot you can sign up for g-mail and create a calendar. In g-mail when you set up a calendar you can be reminded by e-mails and alerts. If you are glued to your cellphone you can always add in notes a few days before your bill is due and the day that your bill is due so you can make sure to come up with enough money to cover all your bills. I find both methods are very useful. When paying bills you can categorize which ones are due in the beginning of the month and than the ones that are due in the middle and end. Staying organized by using a filing cabinet or folder for each company and keeping it in a safe place also helps. I am a fan of stamps and actually get a kick out of stamping my bills. You can find stamps at walmart maybe even home depot mine says PAID, RECEIVED and PAST DUE. It is always a good feeling to stamp PAID on each envelope:) Doing this will reduce stress and give you a peace of mind:)
Showing posts with label credit and debt management. Show all posts
Showing posts with label credit and debt management. Show all posts
Wednesday, January 21, 2009
Keeping up to date/ Organization
Paying your bills on time is a very important part of determining your credit. The more you pay your bills on time the better your credit is. If you are someone that has a hard time with keeping billing dates in mind one way to make sure your bills are paid is by using a personal calendar or if you on the internet a lot you can sign up for g-mail and create a calendar. In g-mail when you set up a calendar you can be reminded by e-mails and alerts. If you are glued to your cellphone you can always add in notes a few days before your bill is due and the day that your bill is due so you can make sure to come up with enough money to cover all your bills. I find both methods are very useful. When paying bills you can categorize which ones are due in the beginning of the month and than the ones that are due in the middle and end. Staying organized by using a filing cabinet or folder for each company and keeping it in a safe place also helps. I am a fan of stamps and actually get a kick out of stamping my bills. You can find stamps at walmart maybe even home depot mine says PAID, RECEIVED and PAST DUE. It is always a good feeling to stamp PAID on each envelope:) Doing this will reduce stress and give you a peace of mind:)
Monday, December 1, 2008
Get on the Road to Debt Management
I'm going to talk to you today about how to make sure your bills are paid. There are several financial management programs online some are free and some you have to pay. There is also the excel spreadsheet that was mentioned in one of the previous posts.
Free:
- Quicken Online Edition – Free!
-Mint
This is a great way to keep track of your spending and all of your bills which is a major step in getting out of debt.
Set Priorities
1.If you owe money to a collection company for a bill that isn't recurring such as a final phone bill etc, make sure to work on paying those off. You can probably contact the company and arrange payment plans. This is a quick way to eliminate one debt and see results.
2.Organize bills and debt to what needs to be paid in the beginning of the month to what needs to be paid at the end. You can allocate your paycheck to pay all your bills at once or 1 check for the beginning payments in the month and the other check for your final bill payments (mid month to end of the month) bills. In my opinion, paying your bills off with the first check is much easier but this all depends on how much money you will need until your next paycheck. As stated before it is all a matter of budgeting.
3. If you have extra money start a fund for emergencies or savings.
Allocating your money
1. Bills
2. Food
3. Gas
4. Leisure
5. Savings
6. Emergencies
7. College fund (if you have children)
8. Debt owed
If you want to pay someone to help manage finances you can always hire a financial planner.
Free:
- Quicken Online Edition – Free!
-Mint
This is a great way to keep track of your spending and all of your bills which is a major step in getting out of debt.
Set Priorities
1.If you owe money to a collection company for a bill that isn't recurring such as a final phone bill etc, make sure to work on paying those off. You can probably contact the company and arrange payment plans. This is a quick way to eliminate one debt and see results.
2.Organize bills and debt to what needs to be paid in the beginning of the month to what needs to be paid at the end. You can allocate your paycheck to pay all your bills at once or 1 check for the beginning payments in the month and the other check for your final bill payments (mid month to end of the month) bills. In my opinion, paying your bills off with the first check is much easier but this all depends on how much money you will need until your next paycheck. As stated before it is all a matter of budgeting.
3. If you have extra money start a fund for emergencies or savings.
Allocating your money
1. Bills
2. Food
3. Gas
4. Leisure
5. Savings
6. Emergencies
7. College fund (if you have children)
8. Debt owed
If you want to pay someone to help manage finances you can always hire a financial planner.
I'm going to talk to you today about how to make sure your bills are paid. There are several financial management programs online some are free and some you have to pay. There is also the excel spreadsheet that was mentioned in one of the previous posts.
Free:
- Quicken Online Edition – Free!
-Mint
This is a great way to keep track of your spending and all of your bills which is a major step in getting out of debt.
Set Priorities
1.If you owe money to a collection company for a bill that isn't recurring such as a final phone bill etc, make sure to work on paying those off. You can probably contact the company and arrange payment plans. This is a quick way to eliminate one debt and see results.
2.Organize bills and debt to what needs to be paid in the beginning of the month to what needs to be paid at the end. You can allocate your paycheck to pay all your bills at once or 1 check for the beginning payments in the month and the other check for your final bill payments (mid month to end of the month) bills. In my opinion, paying your bills off with the first check is much easier but this all depends on how much money you will need until your next paycheck. As stated before it is all a matter of budgeting.
3. If you have extra money start a fund for emergencies or savings.
Allocating your money
1. Bills
2. Food
3. Gas
4. Leisure
5. Savings
6. Emergencies
7. College fund (if you have children)
8. Debt owed
If you want to pay someone to help manage finances you can always hire a financial planner.
Free:
- Quicken Online Edition – Free!
-Mint
This is a great way to keep track of your spending and all of your bills which is a major step in getting out of debt.
Set Priorities
1.If you owe money to a collection company for a bill that isn't recurring such as a final phone bill etc, make sure to work on paying those off. You can probably contact the company and arrange payment plans. This is a quick way to eliminate one debt and see results.
2.Organize bills and debt to what needs to be paid in the beginning of the month to what needs to be paid at the end. You can allocate your paycheck to pay all your bills at once or 1 check for the beginning payments in the month and the other check for your final bill payments (mid month to end of the month) bills. In my opinion, paying your bills off with the first check is much easier but this all depends on how much money you will need until your next paycheck. As stated before it is all a matter of budgeting.
3. If you have extra money start a fund for emergencies or savings.
Allocating your money
1. Bills
2. Food
3. Gas
4. Leisure
5. Savings
6. Emergencies
7. College fund (if you have children)
8. Debt owed
If you want to pay someone to help manage finances you can always hire a financial planner.
Friday, October 31, 2008
Card to build credit (Get out of debt!)
Financial Problems
In today's society having credit is vital and there have been many people that were not educated or informed on the proper use of credit. I want to let you know that there is hope for you out there to rebuild your credit slowly. If you have the drive to be debt free and rebuild your credit you can do it.Credit in today's society can make or break you. It all depends on how well you can handle your finances and control your spending. People with good credit receive many benefits where as if you are on the other end of the spectrum your life can be very miserable.Having credit or good credit determines if you can get a cellphone without a deposit, finance a car, take out a mortgage or receive loans.
There are certain credit cards that promise you help to get out of debt but instead you get into more debt. These credit cards are for people that do not have that great of credit they give you a credit line but most of it is deducted because of the fees. Therefore what was once $200 in credit is now only $75. These are the worst type of cards because they have high interest rates.
AccountNow Vantage is a prepaid debit card which means you do not have a credit line but you can control your spending by depositing money onto it and using it like a debit card. The good thing about the prepaid card is that they report to all three credit bureaus which is a good way to improve or build your credit. If you are in Chexsystems you can use this card as a checking account.
Benefits of AccountNow Vantage:
100% Approval (No waiting to see if you are approved)
No Credit Check or Check Systems Verification
No overdraft fees
Safer to use with Zero Liability Coverage
Helps build credit through PRBC (A national credit reporting agency)
Friendly customer service
Direct Deposit
Accepted anywhere there's a Visa or Mastercard logo
To learn more or to apply:
AccountNow Vantage Debit MasterCard
AccountNow Vantage Debit MasterCard
What is PRBC and how can it benefit me?
PRBC will compile your bill payment information and create a Bill Payment ScoreSM(BPSSM). PRBC is a credit reporting agency just like Experian, Trans Union, and Equifax, but it is the first to give consumers a choice and an equal opportunity to show that they pay their bills on time.
Also, unlike the other national credit bureaus, PRBC does not charge consumers to view their own data, and does not sell mailing lists. PRBC makes money by selling credit reports for "permissible purposes" under the Fair Credit Reporting Act, with a consumer’s authorization.
You will be able to log-in to PRBC.com, create a user name and password so you can review your personal file, add account information at any time -- all at no cost.
Who may use the PRBC information:
Home loan associations like Freddie Mac and Fannie Mae and Citicorp Mortgage use bill payment information as part of their decision making process for home loans.
Soon, other companies including auto loan, credit card, and insurance companies may start using Bill Payment Scores to comply with the Nation's Fair Housing and Fair Lending laws.
PRBC will only release your bill payment information with your permission to authorized PRBC subscribers who have a "permissible purpose" under the FAIR Credit Reporting Act to view it.
Tips on using your prepaid card:
When applying make sure you choose the report to credit bureau option.
Document how much you have on your card and set a budget
Important: Activate AccountNow Bill Pay and add the FREE AccountNow Credit Builder service. (Follow instructions, payment reports go through PRBC)
Use the card to pay bills and enroll in automatic payments (this will help build credit)
Direct deposit options will waive the activation fee and it's more convenient because you do not have to go to a moneygram store, etc to deposit.
In today's society having credit is vital and there have been many people that were not educated or informed on the proper use of credit. I want to let you know that there is hope for you out there to rebuild your credit slowly. If you have the drive to be debt free and rebuild your credit you can do it.Credit in today's society can make or break you. It all depends on how well you can handle your finances and control your spending. People with good credit receive many benefits where as if you are on the other end of the spectrum your life can be very miserable.Having credit or good credit determines if you can get a cellphone without a deposit, finance a car, take out a mortgage or receive loans.
There are certain credit cards that promise you help to get out of debt but instead you get into more debt. These credit cards are for people that do not have that great of credit they give you a credit line but most of it is deducted because of the fees. Therefore what was once $200 in credit is now only $75. These are the worst type of cards because they have high interest rates.
AccountNow Vantage is a prepaid debit card which means you do not have a credit line but you can control your spending by depositing money onto it and using it like a debit card. The good thing about the prepaid card is that they report to all three credit bureaus which is a good way to improve or build your credit. If you are in Chexsystems you can use this card as a checking account.
Benefits of AccountNow Vantage:
100% Approval (No waiting to see if you are approved)
No Credit Check or Check Systems Verification
No overdraft fees
Safer to use with Zero Liability Coverage
Helps build credit through PRBC (A national credit reporting agency)
Friendly customer service
Direct Deposit
Accepted anywhere there's a Visa or Mastercard logo
To learn more or to apply:
AccountNow Vantage Debit MasterCard
AccountNow Vantage Debit MasterCard
What is PRBC and how can it benefit me?
PRBC will compile your bill payment information and create a Bill Payment ScoreSM(BPSSM). PRBC is a credit reporting agency just like Experian, Trans Union, and Equifax, but it is the first to give consumers a choice and an equal opportunity to show that they pay their bills on time.
Also, unlike the other national credit bureaus, PRBC does not charge consumers to view their own data, and does not sell mailing lists. PRBC makes money by selling credit reports for "permissible purposes" under the Fair Credit Reporting Act, with a consumer’s authorization.
You will be able to log-in to PRBC.com, create a user name and password so you can review your personal file, add account information at any time -- all at no cost.
Who may use the PRBC information:
Home loan associations like Freddie Mac and Fannie Mae and Citicorp Mortgage use bill payment information as part of their decision making process for home loans.
Soon, other companies including auto loan, credit card, and insurance companies may start using Bill Payment Scores to comply with the Nation's Fair Housing and Fair Lending laws.
PRBC will only release your bill payment information with your permission to authorized PRBC subscribers who have a "permissible purpose" under the FAIR Credit Reporting Act to view it.
Tips on using your prepaid card:
When applying make sure you choose the report to credit bureau option.
Document how much you have on your card and set a budget
Important: Activate AccountNow Bill Pay and add the FREE AccountNow Credit Builder service. (Follow instructions, payment reports go through PRBC)
Use the card to pay bills and enroll in automatic payments (this will help build credit)
Direct deposit options will waive the activation fee and it's more convenient because you do not have to go to a moneygram store, etc to deposit.
Financial Problems
In today's society having credit is vital and there have been many people that were not educated or informed on the proper use of credit. I want to let you know that there is hope for you out there to rebuild your credit slowly. If you have the drive to be debt free and rebuild your credit you can do it.Credit in today's society can make or break you. It all depends on how well you can handle your finances and control your spending. People with good credit receive many benefits where as if you are on the other end of the spectrum your life can be very miserable.Having credit or good credit determines if you can get a cellphone without a deposit, finance a car, take out a mortgage or receive loans.
There are certain credit cards that promise you help to get out of debt but instead you get into more debt. These credit cards are for people that do not have that great of credit they give you a credit line but most of it is deducted because of the fees. Therefore what was once $200 in credit is now only $75. These are the worst type of cards because they have high interest rates.
AccountNow Vantage is a prepaid debit card which means you do not have a credit line but you can control your spending by depositing money onto it and using it like a debit card. The good thing about the prepaid card is that they report to all three credit bureaus which is a good way to improve or build your credit. If you are in Chexsystems you can use this card as a checking account.
Benefits of AccountNow Vantage:
100% Approval (No waiting to see if you are approved)
No Credit Check or Check Systems Verification
No overdraft fees
Safer to use with Zero Liability Coverage
Helps build credit through PRBC (A national credit reporting agency)
Friendly customer service
Direct Deposit
Accepted anywhere there's a Visa or Mastercard logo
To learn more or to apply:
AccountNow Vantage Debit MasterCard
AccountNow Vantage Debit MasterCard
What is PRBC and how can it benefit me?
PRBC will compile your bill payment information and create a Bill Payment ScoreSM(BPSSM). PRBC is a credit reporting agency just like Experian, Trans Union, and Equifax, but it is the first to give consumers a choice and an equal opportunity to show that they pay their bills on time.
Also, unlike the other national credit bureaus, PRBC does not charge consumers to view their own data, and does not sell mailing lists. PRBC makes money by selling credit reports for "permissible purposes" under the Fair Credit Reporting Act, with a consumer’s authorization.
You will be able to log-in to PRBC.com, create a user name and password so you can review your personal file, add account information at any time -- all at no cost.
Who may use the PRBC information:
Home loan associations like Freddie Mac and Fannie Mae and Citicorp Mortgage use bill payment information as part of their decision making process for home loans.
Soon, other companies including auto loan, credit card, and insurance companies may start using Bill Payment Scores to comply with the Nation's Fair Housing and Fair Lending laws.
PRBC will only release your bill payment information with your permission to authorized PRBC subscribers who have a "permissible purpose" under the FAIR Credit Reporting Act to view it.
Tips on using your prepaid card:
When applying make sure you choose the report to credit bureau option.
Document how much you have on your card and set a budget
Important: Activate AccountNow Bill Pay and add the FREE AccountNow Credit Builder service. (Follow instructions, payment reports go through PRBC)
Use the card to pay bills and enroll in automatic payments (this will help build credit)
Direct deposit options will waive the activation fee and it's more convenient because you do not have to go to a moneygram store, etc to deposit.
In today's society having credit is vital and there have been many people that were not educated or informed on the proper use of credit. I want to let you know that there is hope for you out there to rebuild your credit slowly. If you have the drive to be debt free and rebuild your credit you can do it.Credit in today's society can make or break you. It all depends on how well you can handle your finances and control your spending. People with good credit receive many benefits where as if you are on the other end of the spectrum your life can be very miserable.Having credit or good credit determines if you can get a cellphone without a deposit, finance a car, take out a mortgage or receive loans.
There are certain credit cards that promise you help to get out of debt but instead you get into more debt. These credit cards are for people that do not have that great of credit they give you a credit line but most of it is deducted because of the fees. Therefore what was once $200 in credit is now only $75. These are the worst type of cards because they have high interest rates.
AccountNow Vantage is a prepaid debit card which means you do not have a credit line but you can control your spending by depositing money onto it and using it like a debit card. The good thing about the prepaid card is that they report to all three credit bureaus which is a good way to improve or build your credit. If you are in Chexsystems you can use this card as a checking account.
Benefits of AccountNow Vantage:
100% Approval (No waiting to see if you are approved)
No Credit Check or Check Systems Verification
No overdraft fees
Safer to use with Zero Liability Coverage
Helps build credit through PRBC (A national credit reporting agency)
Friendly customer service
Direct Deposit
Accepted anywhere there's a Visa or Mastercard logo
To learn more or to apply:
AccountNow Vantage Debit MasterCard
AccountNow Vantage Debit MasterCard
What is PRBC and how can it benefit me?
PRBC will compile your bill payment information and create a Bill Payment ScoreSM(BPSSM). PRBC is a credit reporting agency just like Experian, Trans Union, and Equifax, but it is the first to give consumers a choice and an equal opportunity to show that they pay their bills on time.
Also, unlike the other national credit bureaus, PRBC does not charge consumers to view their own data, and does not sell mailing lists. PRBC makes money by selling credit reports for "permissible purposes" under the Fair Credit Reporting Act, with a consumer’s authorization.
You will be able to log-in to PRBC.com, create a user name and password so you can review your personal file, add account information at any time -- all at no cost.
Who may use the PRBC information:
Home loan associations like Freddie Mac and Fannie Mae and Citicorp Mortgage use bill payment information as part of their decision making process for home loans.
Soon, other companies including auto loan, credit card, and insurance companies may start using Bill Payment Scores to comply with the Nation's Fair Housing and Fair Lending laws.
PRBC will only release your bill payment information with your permission to authorized PRBC subscribers who have a "permissible purpose" under the FAIR Credit Reporting Act to view it.
Tips on using your prepaid card:
When applying make sure you choose the report to credit bureau option.
Document how much you have on your card and set a budget
Important: Activate AccountNow Bill Pay and add the FREE AccountNow Credit Builder service. (Follow instructions, payment reports go through PRBC)
Use the card to pay bills and enroll in automatic payments (this will help build credit)
Direct deposit options will waive the activation fee and it's more convenient because you do not have to go to a moneygram store, etc to deposit.
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