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

Feel like you're being watched? Everybody is so interested in who's spending what and what others should or shouldn't be spending money on. Ack! Quite frankly, the whole subject is just not "my thing." On the plus side, (get it? "Plus side"...accounting humor!) the article, How Credit Scores Work was very informative and helpful. I honestly did not know all the percentages that went into obtaining that score and what the history behind the number was. I also learned what FICO (Fair Isaac Corporation) stands for and why that scoring method is most employed in credit situations. Have I ever used a spending or budget plan? Are you kidding me? I am a single mom with a teenager in college. That, in and of itself, is it's own budget plan. As for how to begin creating one, it's simple. Here's how much we have....here's where it's going. Most people who don't need to worry about budgeting (and I don't know any of these people) are probably not reading these articles or visiting these websites. As for the TCDRS site, it's very helpful to know that there is a place to answer questions. As a fairly new employee, the issue is for future thought but it's a good idea to stay on top of things. The system is very similar to the Teacher Retirement System I participated in when I worked for the school district. Are you yawning yet?