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Showing posts from December, 2020

5 Spending mistakes to avoid this Christmas

  I t is that time  of the year when you absolutely rejoice with the colorful celebrations around you. Buying gifts, pampering yourself with new additions, sweets and gatherings; all this is a given right now. But are you prepared to keep up with all this financially and anticipate its implications on your credit score ? Imagine planning to go all out with your celebrations and realizing that your financial kitty is not up for it! That would be an absolute mood dampener, won’t it? But how does someone manage all these serious preparations amidst the spirit of fun and celebrations? Related Reads: 5 Simple Steps to Create a Successful Monthly Budget It is easier than you think! If you plan ahead and keep a special eye on not committing the following mistakes, your financial preparedness for the holiday season will be stronger. Here’s a list of mistakes you should avoid this Christmas: #1 - Ignoring the importance of a maximum budget When it comes to the happiness of your family members,

Become the Secret Santa for your Credit Score this Christmas!

  The cheerful season is upon us and it is that time of the year when we play Secret Santa for our friends and family. When everyone is a part of this fun and exhilarating ritual, why leave your credit score out of it? After all, it is this number that acts as the Santa for you through the year. When we think of Secret Santa gifts, we usually think of things that our loved ones and colleagues could get good use out of, right? Then, what would you consider in the case of your credit score ? A gift that would give it the boost to grow and flourish for a long time would be the perfect addition to your credit report’s list of entries. What do you think? Related Reads: 4 Proven Hacks to Build a Great Credit Score There is a long list of gifts that can make your credit score happy too! Wondering what it could be? Here are some questions you can answer to decide the best gift for your credit score: What does your credit score need? Maintaining a credit score is an ongoing process. It always n