What does paper money have to do with credit?
Credit Sesame uses Paper Money Day to explore the relationship between paper money with credit. Circle March 10 on your calendar. It is National Pack Your Lunch Day, International Bagpipe Day, Middle Name Pride Day, National Landline Telephone Day and Paper Money Day. March 10, 1962, was the first time United States paper currency notes […]
Panic Day and how financial stress affects mental health
Credit Sesame marks Panic Day 2023 with tips on handling financial stress. Panic Day, Thursday, March 9, 2023, is upon us. Far from an official or nationally recognized holiday, this date on the calendar is one of the copyrighted Wellcat Holidays invented by Thomas and Ruth Roy. It’s meant to be a day when we […]
Highlighting women in finance during National Women’s History Month
Credit Sesame celebrates National Women’s History Month by looking at some of the women who shaped finance in America. March is National Women’s History Month and a perfect time to observe prominent women who influenced the American financial landscape. While achieving wealth and distinction through their own efforts, these extraordinary women also battled for women’s […]
Credit repair versus credit building
Credit Sesame on credit repair versus credit building and the differences between them. Credit repair and credit building are important components of managing your credit and improving your creditworthiness. What is credit repair? Credit repair involves fixing errors or inaccuracies on your credit report that negatively impact your credit score. This can include removing late […]
Personal finance weekly news roundup March 4, 2023
Credit Sesame’s personal finance weekly news roundup for March 4, 2023. Stories, news, politics and events impacting the personal finance sector during the last week. 1. Key inflation measure heated up in January The Personal Consumption Expenditures (PCE) Price Index rose by 0.6% in January. This was the biggest monthly increase in the PCE Price […]
Consumer spending resilience financed by debt
Credit Sesame discusses consumer spending resilience in 2022 and how it was financed by increased debt. Several recent economic reports indicate that consumer spending has remained surprisingly resilient. That may sound encouraging, but a closer look at debt trends shows another side to the story. The Federal Reserve Bank of New York’s Household Debt and […]
Zero Discrimination Day as inspiration to assert your financial rights
Credit Sesame on using Zero discrimination Day as inspiration for knowing and protecting your financial rights. You have a right to access financial products and services free from discrimination. This principle underscores Zero Discrimination Day on March 1, 2023. This is a good day to reflect on your own money management journey, celebrate your personal […]
Tax fiction vs. tax facts
Credit Sesame examines tax fiction and explains tax facts. Few of us want to pay income taxes. This may explain why all kinds of myths exist about ways to lower your taxes or get out of paying them entirely. Real facts can get left on the sidelines, for example, by an unscrupulous tax preparer who […]
Personal finance weekly news roundup February 25, 2023
Credit Sesame’s personal finance weekly news roundup February 25, 2023. Stories, news, politics and events impacting the personal finance sector during the last week. 1. Credit card companies accused of suppressing consumer info The Consumer Financial Protection Bureau (CFPB), a government watchdog organization, is questioning why credit card companies have stopped reporting payment histories that […]
Why do stocks react badly to good news?
Credit Sesame on why stocks react badly to good news about job growth. On February 3, 2023, the Bureau of Labor Statistics (BLS) released its monthly Employment Situation report for January. It was terrific news. Better than expected. Right away, the stock market went into a funk. This kind of market behavior may seem puzzling. […]
Celebrating National Leadership Day with Pioneers in Personal Finance
Credit Sesame celebrates National Leadership day with a list of pioneers in personal finance and credit health management, starting with Confucius. National Leadership Day is one of many holidays celebrated on February 20, 2023. Concepts, ideas and management advice around personal finance and credit health have been around for over 2,500 years. Well before blogs, […]
Personal finance weekly news roundup February 18, 2023
Credit Sesame’s personal finance weekly news roundup February 18, 2023. Stories, news, politics and events impacting the personal finance sector during the last week. 1. Consumer debt and delinquencies continue to rise The New York Fed’s latest Household Debt and Credit Report found that Americans are continuing to take on more debt, and having a […]
Do student loans affect credit scores?
Credit Sesame discusses whether student loans affect credit scores. Pursuing higher education can be immensely rewarding and position you to grow your earning potential for years to come. To get a degree, there’s a good chance of needing to take out at least one student loan. According to the Education Data Initiative, more than 42.8 […]
Fix Credit Report Errors to Improve Your Credit Score
Credit Sesame discusses why and how to fix credit report errors. Credit report errors can lower a credit score, making it harder to open new lines of credit and causing credit terms to be more expensive. Some mistakes can be easy to spot and fix, and others can take more work. Either way, fixing them […]
How being an authorized user impacts credit score
Credit Sesame discusses how being an authorized user can impact credit score. Your credit score can get a worthwhile boost when you’re an authorized user on someone else’s credit card account. However, this works better in some cases than others and there are a few potential pitfalls you should know about. What is an authorized […]
