hndas2k2004

I have a couple of little things I’m saving for, but after christmas, I’m saving for the down payment of my house. I am also trying to flip my parents house so they can sell it for more and hopefully donate a big chunk to my downpayment. I am actually going to build my own house, but it would be easier to get a loan for a house with 40,000 in the bank right?

I just started a new savings account in which I will be depositing all of my bonus checks into. I get a bonus each month and I can start saving for the things I need if I can just save the entire thing. My girlfriend is starting to save money also, so as long as she is paying at least a quarter of the bills, we can save 20,000 a year. Wish us luck

So I was watching the sue ormand show, and she said that you should never close an old account. She says when you do close an account…your debt to income ratio gets smaller, thus lowering your credit score. I was very close to closing 2 accounts, but after watching that, I decided to keep them open and reap all the benefits I can from them.