One of the most common financial mistakes that people make is the amount of the deductions that are taken from their income. I know a fair number of people that use the tax return as a “savings account.” This “savings account” is usually spent before it’s received. Some of the amounts I’ve [...]
There are two changes that will affect the way your Fair Isaac Co. credit score is calculated. The first one affects how second card holders are handled. Previously, the second holder score was reported as the main card holder score. This will no longer be the case. The second holder score [...]
“The most powerful force in the universe is compound interest,” he remarked. At lunch one day he came up with the “rule of 72.” It’s a tool that is used to estimate how fast compounding works. An analysis of the rule indicates that return increases exponentially as the rate increases. [...]
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