Credit Management

Debt Weighs on You

By Ralph Bender, MBA, CFP®

The simple formula for getting faster is to lose weight and workout according to a training plan. Fifteen unnecessary pounds entering a marathon slows the runner as much as thirty seconds per mile, adding thirteen minutes to the finishing time. The simple formula for...

How do I improve my credit score?

By Ralph Bender, MBA, CFP®

I am in the process of trying to improve my credit score and was wondering if you had ways I could do that… The best way to improve a credit score is to pay off the debts, but there are a number of other issues, too. Credit scores attempt to indicate how a...

Lessons from the Game of Risk

By Ralph Bender, MBA, CFP®

    The game of Risk was one of my favorites as a kid. It taught me some of my most important rules about successful risk-taking. I was pretty good at the game. Battle strategies I used routinely to conquer the world seem to translate into modern financial...

That New Car Smell

By Ralph Bender, MBA, CFP®

Light vehicle sales have been constantly improving since the recession ended nearly six years ago, with annualized sales volume surpassing the 20 year average of 15.5 million vehicles about two years ago, and breaching the 17 million annual rate this past spring ....

5 Things You Need to Know to Avoid ‘Interest Free’ Traps

By Ralph Bender, MBA, CFP®

A friend recently asked “what does 18 months ‘interest free’ mean to you?” In his informal survey, half the people he questioned thought – like him – it meant no interest will be charged until the 19th month. Unfortunately, it is not that...