Good Faith Letter

A good faith letter can be used to ask a collection agency/creditor to remove negative information off of your credit report. This letter somewhat asks the creditor to remove the negative item because at that time in your life you were irresponsible and now you have a record of paying on time. That is probably the easiest way to sum up this letter. This letter will not work for everyone, if you are behind on your bills a good faith letter would not be useful to you.

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My 2016 Money Saving Theme Song

This is my 2016 money saving theme song. Not only did Lil Dicky make a catchy tune but he tells you all about the real life struggle of ballin on a budget or just being on a budget period. By teaming up with Rich Homie Quan and Fetty Wap, Lil Dicky released my new theme song “$ave Dat Money”. I will post the money saving lyrics below so you can see why.

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New Years Resolution? App your way through it

Congratulations, you made it to 2016! Like most people you created some resolution to lose weight, eat healthy, save money or whatever else but the sucky part about it is, you know you probably wont make it. No matter how much you tell Facebook, your friends, family and coworkers secretly inside you are hoping everyone will forget about it because this task(s) may be more to take on than you expected. Guess what? That’s normal, VERY! I gave up on resolutions a while back because I know myself and I cant complete any… wait what was I saying lol. No but really, I don’t finish anything and if I do finish I never have the follow through to maintain but  I learned a bunch of ways to keep myself on task. Lets come back to how, let me tell you about all these things I have taken on recently:

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New App: Level Money

A little background information about Level. This app was launched in 2013 [lol I guess it isnt that new] and it has one purpose and that is to tell you how much you can spend. It does not appear to be a detailed budgeting app like Mint where you can examine all of your expenses in one place. This app seems to group everything into four categories: income, bills, save, and spendable.

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Credit Score: Your Financial GPA

Let’s start with the basics.

Your credit score is basically your financial GPA [highschool]. It’s so that colleges [creditors] can have a general idea of how you handle class [creditworthiness]. They want to know do you turn in your homework [pay your loans on time], did you show versatility based on the electives you chose [diversify the type of loans] and did you fail any classes [missed payments, public records, or collections].

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