Monthly Archives: November 2015

ALL ABOUT CREDIT SCORES (AS REPORTED BY TRENT HAMM ON WWW.THESIMPLEDOLLAR.COM)

Credit scores were invented as a means of helping financial institutions trust people they were making loans to. An individual with a high credit score is more likely to pay back a loan than someone with a low score. Credit scores are managed by third-party organizations, called credit bureaus. Scores go up and down based […]

HIGH EARNING POOR PEOPLE (AS REPORTED BY ALLISON SCHRAGER ON WWW.QZ.COM)

Many times you see and hear about how much people make. Most articles about inequality focus on ‘income inequality’. But income is not the only, or best, measure of how people are doing financially. Just focusing on income ignores wealth, how much money people actually have to their name. And it turns out America is […]