Jacque Reid goes Inside Her Story with financial expert, Marsha Barnes, CEO of The Finance Bar, the first educational personal finance hub on wheels.
How do I save money?
“Identify were you are compared to where you want to be. Many people are feeling consumed by debt so you should work to see how much debt you really had. This is the background work that has to be done before you work on a strategy
How do I repair bad credit?
“Make on time payments. That’s the easiest things. Secondly, underuse credit. Ideally you shouldn’t use more than 30% of your available credit limit at any given time. Credit is to be used when it’s really needed, not as a loan. And then try to pay off within a month. It’s not meant to be spread out over a long period of time.”
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Marsha Barnes of The Finance Bar Talks Repairing Bad Credit, Saving Money & More was originally published on blackamericaweb.com