Home Improvements – Now and Later

Key Takeaways

  • Think about making your home improvements in terms of immediate, short term, and long term.
  • Planning, budgeting and financing your home improvements are three important steps in ensuring you are able to make the improvements you need to enjoy your home, as well as to get a better return on your money when you sell it.
  • You can do some improvements yourself to save some money, but leave the complex work to professionals who know the codes, regulations and can ensure the work is done right so you don’t run in to issues when you go to sell your home.

Auto Loan Basics

Key Takeaways

  • When getting an auto loan, you want to be sure you know what’s involved so you are not caught off guard with hidden fees or payments.
  • The elements to consider when getting an auto loan are your budget, savings, credit score, amortization, depreciation, and buying new or used.
  • You can get a loan through a dealership, but be sure to check on deals straight from financial institutions as well.

The 3 Kings of Credit

Key Takeaways

  • Check your credit score annually to make sure there are no errors in your financial history. Free credit reports can be obtained at AnnualCreditReport.com.
  • The Fair Credit Billing Act requires the three main credit rating agencies—Experian, TransUnion and Equifax—to correct errors and disputes pertaining to your financial history.
  • To bolster your credit rating, make payments on time, manage your cash flow wisely, correct errors in your credit history and don’t utilize more than 30 percent of your available credit.