2008-01-21

Clean Up Your Finances Before You Invest

Before you consider investing in any type of market, you should really take a long hard look at your current situation.



Investing in the future is definitely a good thing, but clearing up bad or potentially bad situations in the present is more important.



The first thing you should do is get a copy of your credit report.



You should do this at least once a year.


It is important to know what's in your credit report and clear up any negative items as soon as you possibly can.


If you have $25,000 set aside to invest, but you have $25,000 worth of bad credit, your best bet is to clean up your credit before you start any type of investing.

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