Thursday, February 27, 2014

Secure Your Current State of Affairs Before You Make investments


Before you think about investing in any sort of market, you must really take a long hard look at your current position. Investing in the future is a great idea, but clearing up undesirable or likely undesirable states of affairs in the present is much more crucial.

Pull your credit report. You should do that once every year. It is important to know what’s on your report, and to remove any unfavorable items on your credit report as soon as possible. If you've set aside $25,000 to invest, but you have $25,000 worth of poor credit, you might be better off cleaning up the credit to start with!

After that, look at what you might be paying out every month, and get rid of bills that are not necessary. For example, high interest credit cards are not necessary. Pay them off and get rid of them. If you have high interest unsettled loans, pay them off also.

To read the rest of this article please go to http://wealthmasteryacademy.com/yourwealthcreationpartner/secure-your-current-state-of-affairs-before-you-make-investments/

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