New scam, quitting goals, credit score, student loans and losing weight.

1. This Scam Now Tops ID Theft as the No. 2 Consumer Complaint

Money Talks News — There’s a new ripoff in town: imposter scams. Krystal says “a fraudster pretends to be someone else, typically someone trustworthy — like a computer tech or a government official” and swindles money from people who get fooled by their claims.

She points out the infamous “car warranty scam.” I received that call. The person said my warranty expired and I needed a new one or terrible things would happen. Click. I hung up. Read the post and then check out this story on avoiding imposter scams.

2. What if We Quit Setting Goals? (Seriously?)

Afford Anything — Paula’s take on goal setting certainly bucks the norm. But she makes good points. She set many goals in the past and “achieved some, fallen short at others.” But through the process, she almost always felt anxious about meeting those goals. She didn’t want to let herself (and maybe others) down.

As a result, she started wondering about giving up goals. As she thought about it, she also started examining “the downside of setting goals.” I agree with the second downside: “Goals can make you miss the bigger picture.” She tells the story of when Ford Motor Company invented the Ford Pinto. They set very specific goals, met them and disaster struck. Check out her post. You may think about giving up goals.

3. Starting Credit Score

Blonde & Balanced — Emilie points out that we don’t start out with a healthy credit score. We start out with zilch. As she says, we haven’t done anything wrong financially, but we haven’t done anything right either. We must gain the trust of lending institutions and others before we get that prized score.

She discusses building credit and how it takes at least six months before we see a score that reflects our financial deeds, such as paying bills on time, etc. If you’re a financial “newbie” as she calls it, read this post. And remember, building a credit history and score takes time.

4. How to Avoid Student Loan Debt While Earning Your Degree

The Frugal Farmer — I imagine students and parents dream about avoiding student loan debt. Unfortunately, most students must take out loans. Laurie has four kids and two “are set on going to college.” So they discuss this topic quite often.  She say’s they’re “talking early about how to get a college degree without going into debt.”

She breaks the post down into six parts. Many people forget about the third part: “Finding Ways to Cut Other College Costs.” Everyone thinks about tuition, but like Laurie says, don’t forget about room and board, books and supplies and more. Read this informative post and then check out this “different” way to earn college money.

5. 10 Things Losing Weight and Paying Off Debt Have in Common

Shoeaholic No More — recently posted about saving money by losing weight. And now Kayla expands the conversation with this hefty post. She has lost 11 pounds in about five weeks and discovered that “losing weight and becoming healthy actually has a lot in common with my goal to get out of debt.”

For example: “Don’t Forget Your Goals or Your ‘Why.'” Since she started improving her finances she always kept goals. Now she sets goals goals for weight loss and remembers “why” she started this whole process. The sixth thing is interesting: “Learn Your Triggers and Avoid Them.” Finances and overindulging on food definitely share one thing — they’re emotional. Read her post. It’s worth your time.

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Brian Bienkowski

Brian Bienkowski


Bienkowski is a contributing writer and is the face of's 'By the Numbers' videos.

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Article last modified on February 2, 2018 Published by, LLC . Mobile users may also access the AMP Version: Around the Web: Building Credit - AMP.