article thumbnail

Ways to Build Credit Without Relying Solely on Credit Cards

Prairie Eco-Thrifter

For those who prefer to pay with cash and avoid the credit card debt cycle altogether, building a solid credit history and high FICO score can be a challenge – but it doesn’t have to be. Debt load – 30%. This portion of your score reflects how much debt you carry. If you prefer to pay cash and avoid revolving debt, that’s great.

article thumbnail

7 Best Investments in 2024

Savings Corner

Investing allows you to share in the economic recovery, and help your money keep pace with inflation. When you invest in a money market fund, your money buys a collection of high-quality, short-term government, bank or corporate debt. When done responsibly, investing is a great way to grow your money.

article thumbnail

Buying A House In 2023: A Step-By-Step Guide

Savings Corner

Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process. These things can hurt your credit score or impact your debt-to-income ratio, which can imperil your final loan approval. Still, many analysts see a shift coming toward a more balanced market, benefitting buyers.