Praises of a Wife and Mommy

Who came up with the idea of a number system to grade how we use our money?  If you miss a payment your score is affected, if you don't use credit cards your score may be lower, if you have too much credit you could get in trouble,  and if you have a credit card but never use it that could affect your score too!!  It is all so complicating, but at least you can get a free credit score  to see how well or how bad you are doing.  Trust me it might be complicating but it is important and a must on your to do list. So if you are foolish and you have a low score it might mean you can not get a car loan, or you might not qualify for a home loan.  Have you had a teacher or parent teach you how to use money?  Has anyone taught you how important a credit score is?  If "TransUnion" "Equifax" or "Experian" are unfamiliar terms then it might be time for you to get your credit report. Once you know your score you can start to improve it.  Make time to...

Well I do have a house but not in the town we live in.  LOL!  We have renters in our old house and are not selling due to the value dropping so much the last couple years. Last year we found a house we liked and went to the credit union to get our credit score  and to see if we would qualify but unfortunately we were not approved.   The house we found was a foreclosure but now I have been seeing more and more houses for sale or foreclosed and I think we could have a cheaper mortgage and utilities with purchasing then living in our apartment.  We have a friend who is a Realtor and I get his daily emails of the properties that are on the market.  I have been seeing several houses that make me want to go take a look since the price tag is under $50,000!!  :)  WOW!!!  I know with the interests as low as they are it would be so nice to find a good property and lock in a rate for under 5%!  :) So should we go ahead...