Saturday, January 15, 2011

Website Review: www.creditkarma.com

So I recently read about this website on a blog entitled The Credit Union Warrior. The article I speak of can be found here.

Here is a quote from CreditKarma.com:

Credit Karma offers a new way to track your credit score and a unique way to benefit from it. For the first time you can get a truly free credit score with no hidden costs or obligations. Based on your score, you gain access to exclusive offers from companies that value your creditworthiness.

I was initially skeptical about this free service. I have seen many of my members and customers get swindled by the "free" credit score sites. After I read up on it, I decided to give it a try.

The first clue was that they do not ask for a credit card or account information to enroll. After you fill in your information, it will verify your identity by asking you questions from your credit report. This just takes a matter of minutes. Soon I was finished and viewing my transunion score. The way this website makes it's money is from companies who pay them to show particular products to consumers based on their credit score.

There is much more to this website. I definitely recommend you give it a shot.


Completely Free Credit Score

Friday, January 7, 2011

Book Review: Rich Dad, Poor Dad



I first heard about this book some time ago, but never felt the desire to read it until recently. I was looking on amazon for a Christmas gift for my father-in-law. I came across this book and began to read the reviews. I liked what I read and made the purchase. I soon wanted to read the book myself even though he had not started it yet. Well, I can tell you after reading the book, I should have read it a long time ago.

This book is filled with great lessons about financial intelligence. They are presented in a fun and interesting way to teach you principles that will help you become rich. The key message in the book is that most people work to make money while the rich makes money work for them. This is accomplished by only buying money producing assets, not liabilities.

Overall, I highly recommend this book to all my readers. It will open your eyes and help you understand how money works. Because you need to understand how money works if you ever want to be rich. That is the secret. Enjoy!