I am in the process of trying to setup a new family budget. My husband will be starting a new job soon *cue angelic music* and we will have a bit of additional cash flow in our budget. I am beyond thrilled! It’s a welcome change in these tough economic times. I know many of you are struggling out there and we are not exempt from that.
One of my goals is to follow the principals taught by Dave Ramsey. Finally we will be able to save enough money to complete step 1: Save $1000 for an emergency fund! I’ve been attempting this for quite some time, but it’s hard y’all. I don’t have an extra $1000 lying around and saving that much takes time.
Want to know how you can positively improve your finances? KNOW your credit score! It is that much more difficult to re-finance your mortgage, get a car loan or even a credit card if you have bad credit. It’s not just that though, you need to follow your credit so you can monitor changes. It’s important to know if there is a negative mark on your credit history that didn’t originate from you? Maybe some information is incorrect or they have the right name, but clearly the wrong person.
Identify theft is becoming a reality for more and more people these days. That’s why it’s so important these to monitor your credit! How you ask? There are so many places online that offer a free credit score. The 3 major credit reporting sites will allow you access to your credit score and history once a year for free. Also, if you apply for something and you are denied, you have the right to see your credit history due to the denial. That’s really convenient too. Maybe identity theft occurred without your knowledge, and you expected to be approved. Getting that denial may just be the best thing that happens to you, that way you are aware immediately of the fraud and you can make the corrective steps in repairing the damage!
Personally I’ve had some suspicious credit history show up on my credit report and it was a nightmare getting to the bottom of it, but I’m so glad I did! Finances are too important to not keep track of. Has it ever happened to you?

























