"Your credit score: Those three little numbers can have a six-digit impact on your life." — Phil X. Tirone

Good Morning,

Many people think that a good credit score simply means you can have more stuff — and a bad credit score means less stuff. But it's far more than that. If your credit score is not as strong as it could be, you're losing money. Every day. Your car payment — more. If you own your home, your mortgage — far more. Or, if you rent your home, you're paying thousands more that could be going toward home equity. It's an endless spiral that affects your wallet as well as your spirit.

You need to take total control of all your finances. If you seem to be struggling with money, you need to sit down and do a budget. Write down all your expenses, every single one. The purpose of this budget is to be able to look, see and identify were your money is going.

If you need to free up some money, while looking at your budget, you might have to do some drastic budget costs to save money. Maybe you need to get rid of cable or at least drop it to the basic plan. Stop making long distance phone calls if you can. Get rid of the cell phone or go to a prepaid plan that will save you money. How about Internet? Get rid of the costly high speed, you can still find dial up providers for $10.00 per month !!

You need to eliminate the waste. Get back to the essentials. What you need, instead of what you want. If you cut the wasted money out of your budget, you can free up a ton of money.With the freed up money, you can start to save or send in more towards those credit card bills, your car, your house. Concentrate on getting things paid off and becoming debt free.

Now, I know all the things you waste your money on will make your life a little less fun. But, if you want to get ahead financially, you have to sacrifice some where. So get out that pad and do your budget and figure out what you can do without. You'll be amazed how much money every month you can free up.

Until next time, always be aware of your decisions that shape your destiny!!