We all make money mistakes from time to time. Much of the time, we are vaguely aware that we are making a mistake, or it is even obviously an error the moment we make it. But the science of behavioral economics is showing just how subtle these things can be. Are you making either of the following money mistakes?
continue reading "2 Money Mistakes - are you Making Them?"

MARSHALL LOEB’S DAILY MONEY TIP

By Marshall Loeb, MarketWatch

NEW YORK (MarketWatch) — Your low credit score could be costing you thousands of dollars a year, maybe even more. FICO and other credit-scoring systems are used by creditors to determine how much you can borrow, the interest rates you pay, the cost of life insurance — even, in some cases, whether you can rent an apartment.

If late payments, bounced checks, or bankruptcy have ravaged your credit, here are five steps to restoring your financial health:
continue reading "Five steps to healthy credit"