Are Credit Scores Sexist?!?

I was hanging out with a friend recently and they asked me a question I had never considered before: Are Credit Scores Sexist? I did some research on the subject and this is what I came up with: What do you think? Are credit scores sexist? I’d love to hear from you – respond on the video or send me an email: scott@forthrightfinances.com And before you go: Are you looking to have a better relationship with money? Do you struggle…

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What To Do In Volatile Markets

So far in 2018, we have seen a lot of market volatility. There are various reasons for the volatility: trade wars, tweets, interest rates, and more. In fact, 2018 has been the most volatile year in the markets since 2008. While this year has brought on more volatility than normal, this type of volatility isn’t unique. In fact, volatility is a normal part of investing and something you will experience quite often if you’re going to be invested for multiple…

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Your Credit Score Is Overrated. Focus On This Instead.

We hear so much commentary about our credit scores. Hacks to get a perfect credit score. Why your credit score is oh so important. Why your credit score will make you a happier person. After a while, it’s easy to fall into the hype and start obsessing over your credit score. Now, there is some merit in the importance of your credit score. It helps you secure better borrowing terms for loans, lowers your insurance premiums and opens up opportunities…

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Don’t Mix Politics And Money

Let’s face it: we live in a hyper-political world.  Everything and everyone seemingly wants to bring up the latest political news.  So it’s easy to think that politics is all-encompassing. It’s in the news, of course.  But it’s also in sporting events, talk shows, and even comedy shows.  It’s everywhere. But even if politics is everywhere, there’s one part of your life where it should be avoided at all costs: Your Money. Mixing your money and your politics is one of…

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Why You Should Work With A Certified Financial Planner

The decision to work with a Financial Planner is a big one. You’ve made a decision that you need a competent professional to help figure something (or a lot of things) out. You’ve decided that you’re going to open up about your finances and share everything with someone you’re just getting to know. And trust that they can help you. So it’s understandable that once you make that big step, you don’t want to screw it up. You want to…

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Three Benefits of Health Savings Accounts

Are you looking for ways to decrease the taxes you owe?  Or have some of your investments grow tax free?  If so, read on as I describe three benefits of Health Savings Accounts (HSA). But before we get to the benefits, we have to detail who these plans are suitable for, and the one big disadvantage to them. The big disadvantage to an HSA is that you must have a high deductible health insurance plan.  Which means that while your…

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Why Women Are Better Investors

Do you want to become a better investor?  If so, I’d encourage you to look at the lessons that female investors can teach us. During the last decade, there has been a plethora of research on the investing differences between men and women.  At the outset, it wasn’t exactly clear what the research would show. But by now, the evidence is clear: women have qualities that make them far better investors than men. The reason for this doesn’t come down…

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Options For An Old 401(k)

If you’ve moved jobs a few times, there’s a good chance that you might have some money in one of your old company’s retirement plans.  Since changing jobs and keeping up with life is hectic and busy enough as it is, you might not have had time to figure out what exactly to do with that old account. But just leaving the money there may not be best for you, depending on your situation. So here are some things to…

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Treat Debt Like An Emergency

Why You Should Treat Debt Like An Emergency Whenever most people talk about their finances, they’re interested in investing in the stock market or real estate.  It’s fun and exciting to be an investor. After all, who doesn’t want to have their money making them more money? But as the legendary college football broadcaster Lee Corso says, “Not so fast, my friend” The reason to slow down is that when I get to know more about someone’s financial situation, I…

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3 Non-Financial Retirement Tips

Whenever we think about retirement, it’s easy to get caught up in the numbers.  Have I saved enough? How much income can I take from my portfolio without running out of money?  How do I maximize my social security benefits? Those are all good questions to ask, and one that a good financial advisor can help you answer.   But what about the non-financial part of retirement?  You can have all the money in the world, but money can only…

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