Money & Finance #59: Credit, Money Management, and Saving

I read the article How Credit Scores Work and learned a couple of things. I did not know that FICO means the Fair Isaac Company that came up with this horrible scoring for our credit also I was not aware of the credit card policy of default. The latter gives credit card companies the ability to change your interest rates if you fall behind or default on any other credit that you have. They can instantly change your interest rate from any fixed account to the highest allowed by law. I did take the Credit Score Quiz and scored 100%. I do seem to have all the information I need to have a good credit report and score I just can't seem to do it.
I have on many occasions made a budget while it looks good on paper it seems impossible to do. Whenever I have my money portioned out something always seems to come up. If my life was free from unplanned events like car repairs, home appliances breaking down and doctor bills that are not covered by insurance I would be ok. I know that since we are now living on a fixed income it is imperative that we learn to live on a budget and I will keep trying until I get it right.
I did like being able to access the TCDRS site online. You can view your information as to how many years of service you have and the amount of money that you have in there whenever you want. It also explains different types of benefits like optional life insurance and death benefits. I did not know that if I die before I retire that my husband would be able to choose either monthly benefits that would include employer monies or a lump sum payment of money that I had deposited.

#55: Getting the Most out of Facebook

I signed up for facebook and was suprised to see that most of my relatives had accounts. I searched for and found some other ones that didn't automatically come up when I logged in. I tried to add an application but I had no pictures or videos to import. Mostly I just read what other people had posted about the applications.

Since I am new to facebook it was odd that they were able to find accounts of people that I had on my email contacts. It also showed people that were contacts of my contacts. It was very simple to sign up but I don't think that I will keep the account. I don't like the idea that other people would be about to read or see whatever I send to a particular person. Since all of my family is close I don't feel the need to be a part of this social network.

Money & Finance #58: Banking, Budgeting & Spending

My bank does offer online banking at no cost to its customers. I have to say that I really like being able to see how and where I spend my money. I can view it everyday and I am able to see if any unauthorized expenditures have been made. I have only had that problem once or twice in the lifetime of my account. The bank has always taken care of the problem for me hassel free. They returned the money to my account without a fuss. The bank that I use is not a chain so it does not offer alot of security questions or things like that but I have never had a problem. I have a security pass code and I picked out a difficult password to access the account and I always log out after I'm done. I do feel safe using this site. One of my other banks does have a site key that you have to recognize and it will ask for personal info if it does not recognize the computer that your using.

I did go to some of the sites but I didn't want to sign up for it and it wouldn't let you just take a tour. I was able to take a tour of the Buxfer site but I don't think that I would like to use it. I like to do mine on a word program like excel where I can keep it personal. I wouln't like to have my information as to what I pay and to whom floating in the internet world.

I did take the spending problem quiz and faired pretty well. I do have a few problems that I need to takle. I also checked out the spend less on everything site and got a few tips. Its true that paper products and cleaning stuff does cost more at say like Food Town compared to Walmart. I do buy my houselhold supplies at walmart, my meat,canned goods and drinks at food town and I buy larger quantity things at Sams.

I liked the bundle idea for the phone, internet and cable thing. I am going to check out the prices that are available in my area to see what type of difference it
makes to my budget. Since my family have different providers for their cells phones they have upped the texting ablity so they can communicate without having to actually make the call.