Thursday, February 25, 2010

5 Things You Can Learn About Credit From Gangster Movies

Have you seen those terrible blog posts about learning about money from the "Real Houswives" reality show? I may watch it, but I don't think I'll be taking any serious tips from them! I just ran across a way better, and by better I mean more interesting, GANGSTER MOVIES! I love it. Check out number 1 below, but be sure to click here to see the full list.

The World Is Yours… If You Don’t Get Cocky

“Say hello to my little friend.” ~ “Scarface”
Like the submachine gun Tony Montana wielded in “Scarface,” your credit cards are powerful. They can open doors, but they don’t make you invincible.
Denise Winston, money expert for Money Start Here, says, “Just because you own a gun doesn’t mean you know how to use it.” The same principle applies to credit cards. “Respect it, practice using it, clean it, and keep it in a safe place… maybe even under lock and key.”
Having credit cards can lure you into a false sense of security. The best financial protection is a good credit score, which can “dictate the quality of your life – where you live, what job you have, and what you drive,” says Winston.. “Managing and protecting your credit score can make deals happen and command respect.”

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