credit score – Debra Newby Watkins CPA

Make the Most of Your Money

Want some creative ways to save money, preserve your savings, and even earn extra cash?
Try these tips:
Use a debit card that pays you for every purchase.
Be sure you’re not overspending on items.
Comparison shop for car insurance twice a year.
Invest in the stock market. It doesn’t take as much money as you might think.
Earn extra money with InboxDollars.com.
Purchase life insurance.
Add points to your credit score.
Try the real estate business.

Charge It

Although this article is for recent college grads, there are plenty of great tips about understanding your credit score and how it works for and against you. For example, did you know that borrowing less than thirty percent of your available credit actually makes your credit score increase? Marilyn Lewis, in her article, 12 Ways for College Grads to Build Good Credit lays out basic steps to growing and maintaining your score as well as diversifying the types of credit you are using. Many believe paying in cash is an important skill to learn but a healthy credit score may be even more useful. So, every once in a while it’s a good thing to pull out the plastic and say, “Charge it.”