The New Score that Outweighs your Credit Score

FICO scores, or credit scores, are a measure of your ability to pay back debt, or give the banks your money in the form of interest. You build these by going into debt, and then making your debt payments regularly and on time. Late payments and bankruptcy will negatively affect your FICO score. Yes, having…

How to Improve Your Net Worth

In short,¬†Track It.¬† Someone much smarter than me once said, “What gets measured gets improved.” This idea is one of the foundations of MBO, or management by objectives. MBO is taught in MBA programs world wide, and applied everywhere from Google, to Microsoft, and is even entering the nonprofit world at the Bill & Melinda…