How important are credit ratings? A credit rating or a credit score is simply a rating of how well you manage DEBT. A high credit score is not a badge of honour, it's not an indicator of your net worth or your ability to earn money, it instead indicates how often you have taken on debt (and paid interest) and how well you have paid it down.
Mary Holm has been on my radar for a long time, she was possibly the first woman I heard speak with authority on how to handle money and has continued to be a great role model. The front page of her new book says she is “New Zealand’s Most Trusted Money Expert”. I bet the publishers angst over that bold claim, but I think it’s true.
Every single day I receive emails from YOU about anything and everything that is playing on your mind in regards to money and I absolutely love responding to them. This week I thought that I would just give you a snippet of the queries I get because to me they are one of the main reasons I blog, to interact with other people who are thinking about PF.