Low FICO scores can increase your credit card interest rate an “additional” 10%

FICO score of 740 = 7.3% interest on a credit card. 

FICO score of 660=18.0% interest on a credit card

A reason to pay off credit cards…

Credit card companies are sending out announcements regarding their new policies, etc. Annual Percentage Rate will equal the U.S. Prime Rate plus 21.99%. As of July 2009, APR is 25.24% !

What does the Wizard of Omaha think?

What does the Wizard of Omaha think?.

Reduce your property tax now

Reduce your property tax now.

Enjoy the family and save $5200 / year

Enjoy the family and save $5200 / year.

What does J. Paul Getty think?

As billionaire oilman J. Paul Getty once said: “Buy when everyone else is selling and hold until everyone else is buying.”

Double your money…..Rule of 72

You will double your money at a 8% annual rate of return in just 9 years.  The “Rule of 72” says,  take an interest rate and divide it by 72 and the result will be how many years it will take to double your money (includes componding).  Example: Your investment yields 8% annual returns.  Take  72 and divide it by 8 and the result is 9 years.  Your money will double in 9 years!   Start saving….enjoy the ride.

How much?

How much could you save by not spending $5.00 per day for a cup of coffee at Starbucks for one year?

An amazing ……$1800 !!!