To keep a strong score, your credit utilization ratio, or debt versus the amount you have available for credit, below 20 percent and not higher than 30 percent.
The lower the better for your credit score, but don’t have it at 0 percent.
And if you’re looking for a new ride that won’t break the bank, these are the 10 Best New Cars Under ,000.
This one is simple in theory, but can be tough to make happen in practice.
Compare your media subscriptions—print and digital—and cancel the ones you stopped reading.
There is such a thing as “good debt,” and it includes taking out a mortgage to buy a house or taking out student loans to pay for college.
A car payment may be good debt if the vehicle is used for your business, but it’s generally not as they lose value so quickly.
And remember: You can save money every day with these 18 secrets salespeople don’t want you to know. We recommend the solid 50/30/20 budget, which translates to 50 percent for necessities, 30 percent for luxuries or wants, and then 20 percent back into savings or paying off debts.
But take it easy: There’s no need to get into the nitty-gritty—looking after every penny spent—as long as you live within your means and are on track to make your goals.