scriptedchains.com

If you do some reading on financial management online at reputable sites like http://www.kiplinger.com, you can get some really great advice as well as insights. One thing I’ve learned is, the most important asset I have isn’t my car, or my retirement account or even my home, and yours probably isn’t, either. It’s the ability to earn income. That’s pretty incredible when you think about it. Of course, if you asked anyone who’s retired, they could probably tell you this from personal experience. It’s a big motivator if you’re lagging behind in retirement planning to think about the time when you’ll no longer collect a paycheck.

I have a friend that was so fed up with overspending on her credit cards, she decided to just close them all out. Today I read on article at http://www.kiplinger.com that said, you should try to keep at least your oldest card account open, even if you don’t use it, to protect your credit score. But if you can’t control your spending, it’s probably in your best financial interests to find a better way to boost your credit score than trying to manipulate credit cards. If you’re oldest card is maxed out, I imagine that would cancel out the benefit of having the account open.