Dream Series – Your Credit Reputation

August 3, 2017

Let’s be honest – so much of life is about your reputation.  People want to get to know you before considering you a friend.  It’s all about reputation on social media.  Potential employers check your reputation via your resume, references, and possibly a background check or two.  It’s no different if a bank or other lender is going to go into business with you.  Oh yeah, and landlords, utility companies, insurance companies, and even licensing agencies.

As we continue our Dream Series, educating people towards achieve their dreams, we want to help you understand your credit reputation that many, many people will be looking at.  We’ve already looked at setting goals and knowing where you are starting.  Now we’ll look at how people and businesses will measure your credit reputation. Read the rest of this entry »


Dream Series – Where the Heck Are We?!?

July 20, 2017

This post continues our Dream Series of blog posts.

You get the phone call……Woman on phone in car

“Hey, I’m lost.  Can you help me find my way back?”

“OK, where are you?”

“I don’t know.  I’m lost.  That’s why I called in the first place!  Can’t you just give me directions to get back?”

“Ummmmmmm…..” Read the rest of this entry »


Dream Series – The Beginning Of A Dream

July 6, 2017

“I have a dream.”  That’s become a powerful statement for a lot of different people.  While I certainly in no way intend to detract from it’s most famous speaker, we have to admit that almost all of us have dreams that we want to see to fruition.  Some are large, some not so large (but not necessarily any less important).  Most of those dreams end up involving money or credit at some point in time.

Here at the Center for Financial Resources, we are beginning a new series of blogs titled the “Dream Series”.  These are designed to help people reach for and accomplish any dreams that they may have or find.  Each post will build on this idea.

So for this inaugural week’s post, the question is – “What exactly is your dream?” Read the rest of this entry »


In A House But Not Married

June 15, 2017

Not long ago, as we were doing introductions at the beginning of our Homebuyer Express class, one of the participants stated that he was scheduled to close on his new house in two weeks, but was still shopping around.

Ummmm, what???

As the story goes, he and his girlfriend were going to buy the house together and he, in the interest of peace and harmony, let her pick out the house.  But now, before closing, she was no longer girlfriend.  He could still afford the home, but it wasn’t the home he wanted.  So he was still looking around and trying to decide if the extra costs of backing out were worth it for him.

As more and more unmarried people are buying homes together, it brings some “interesting” potential issues to the surface.  Even if the individuals buying together aren’t a couple, but rather siblings, business partners, or just friends, the situations can provide for some more challenging “now what” moments. Read the rest of this entry »


Should You Buy a House?  5 Things to Consider.

June 8, 2017

As June is National Homeownership Month, we are doing a series of blog posts relating to home ownership.  Each will have a different perspective, so stay tuned for more.

First, full disclosure.  I teach our homebuyer education course.  I have my real estate license.  Even though my license is inactive, I am still involved in our local real estate association.  I even teach the classes required to get your real estate license.  Am I invested in that world?  Yes.

I’ve been both a renter and home-owner.  I currently own my own home and would have it no other way.

I am a big fan of home ownership.  It is no secret.

I’ll also be the first one to tell you that home ownership is NOT for everyone. Read the rest of this entry »


On Budgeting and Spinners

May 25, 2017

Fidget Spinners.  If you don’t know what they are, I’m pretty fidget spinnerssure you’ve been living under a rock for the last several months.  They’re everywhere.  I’ve even seen photos on Facebook of women attaching mini spinners to their fingernails.  Seriously.  Having two kids of my own, yes the spinner craze has hit our house too.  “But they’re, like, therapeutic.”  “No, for most of you they’re just a toy.”  Alas, we gave in.  Not totally.  After all, the first spinner was a bribe for good behavior.  Hey, I’ll admit I’m not above bribery when it comes to children’s behavior.  True to the American way, however, one is never enough.  And I made a lesson of it. Read the rest of this entry »


6 Thoughts on Bankruptcy

May 19, 2017

 

Bankruptcy.  It’s a word that evokes a lot of differentgavel and scale emotions and responses.  “It’s a cheap way to get out of debt.”  “Or perhaps it’s the fresh start someone needs.”  “But if they hadn’t gotten themselves into debt in the first place.”  “Then again, they didn’t choose to get sick and end up with the medical bills they have.”  “I pay my bills so why can’t they?”  “I can’t pay my bills so what’s wrong with me?”

The comments could go back and forth for ever and certainly have since the advent of bankruptcy.  In reality, bankruptcy is not the right answer for everyone, but it may be the best option for some.  It’s not always an easy choice to make. Read the rest of this entry »


%d bloggers like this: