Author: Garit Boothe

Good Debt vs Bad Debt

Good Debt vs. Bad Debt: Know The Difference

This article is part of our series about financial literacy. You can find the links to the other articles at the bottom of the article. As discussed in our article, Dave Ramsey vs. Robert Kiyosaki, not all debt is bad. Debt plays a vital role in the economy. And on a personal level, if you

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A Personal Financial Statement Example – What to Include

A personal financial statement is a document that summarizes an individual’s financial position at a specific moment in time. It typically contains a breakdown of all your assets and liabilities, giving you an insight into your financial position and financial health. Assets are things with economic value that you can turn into cash, such as

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Dave Ramsey vs. Robert Kiyosaki: Who Should You Listen To?

This article is part of our series about financial literacy. You can find the links to the other articles at the bottom of the article. Dave Ramsey and Robert Kiyosaki are perhaps the most influential personal finance authors of the past 20 years. In many ways, they have differing advice. Which of them is correct?

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Sample Letter to Remove Closed Accounts From Credit Report

Sample Letter to Remove Closed Accounts From Credit Report

A closed credit account is no longer active, meaning that no future transactions can be processed. For example, a credit card holder may choose to close their account if they no longer use the card, have fears of identity theft, or have financial hardship. A misconception exists that closing a credit card or paying off

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Credit Score Statistics

Credit Score Statistics in 2022

Are you interested in learning more about credit scores and where you stand in comparison to other adults throughout the US? If so, let’s delve into some insightful consumer credit score statistics across 2020 and 2021.  What Is the Average Credit Score in 2021? According to data released by FICO (Fair Isaac Corporation) in 2021,

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Credit Report

How to Build Credit with Bad Credit

The process of building good credit is the same whether you have bad credit, new credit, or are starting from scratch. We can all start learning how to build credit at 18, or even sooner. The difference with bad credit is that you must get rid of negative items on your credit report in addition

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How to Build Credit Without a Credit Card

The Best Methods to Improve Your Score Without Extra Debt When you’re looking for ways to build your credit, the most prevalent advice you’ll find is to open new credit cards. Opening a new revolving credit line often boosts your credit score but for many people, it can also be a doorway to debt.  It’s

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garit income report screenshot

My First Income Report

This is my first blog income report, and I have to say, I’m a little bit nervous about disclosing the financials of my business. But I know that many of you are curious about the “inside scoop”, so I’m sharing it all. Income Here was Digital Honey’s income report so far this year: January –

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