Credit Repair

I pulled a copy of my credit report from each credit bureau a couple of days ago. I am actually surprised by how much has been removed from my credit in the last few months. I did not get my FICO score because I am waiting until April. In April my student loans will be moved from a negative to a positive, so I want to know what it will be then.

I will be disputing a couple of other items that are on my report due to inaccuracies, and hopefully have them removed.  The disputing process is fairly easy, and I do not mind taking the time to do it if it is going to help. Since I have began working on my credit report I have had about 7 negative accounts removed from my report. I am now down to 10, which 3 of those will be a positive in April. With those 3 my positive will out weigh my negative accounts.

My secured credit card is already on my credit report, and it is positive. I know it will increase my score due to the fact that it is the most recent, and it is being paid on time. I am trying to keep the amount owed down to half of the available balance because it will make the score even better.

I know that repairing my credit is a process, and will take time. I am on a good path, and feel I will be where I want to be within the next year. I still have three months before the baby is born, so I am putting up every penny I can during that time. After that my focus will be on my baby, and getting our finances on the rite path for both of our futures.

Owe the IRS!

I received the news the other day that my EX and I owe the IRS for our 2009 taxes. I was beyond upset. I was with him for 6 years, and this was the first time I had allowed him to do our taxes. I am doing what I have to to take care of the taxes owed. I have tried to get him to sign the paperwork, he refuses. Since he refuses I called the IRS to cover my behind. I sent them a letter explaining my situation, and giving them all of his information as well. I am hoping that this will get worked out. I was planning on using my return this year for my maternity leave, but I would rather get this paid off.

If anyone has dealt with anything similar to this situation, or have any tips, please let me know.

Happy New Year!

I want to take time out to wish everyone a Happy New Year, and wish you all a blessed year. I am taking steps to make sure that 2011 is going to be a good year for me financially. Since the baby will be here in June, I have to prepare quick. I am hoping I will start school in the next couple of months, and that is the biggest part of the change I am wanting to make.

Plans For 2011

I have finally sat down and made a plan for my life, well part of it anyway. I know it may not go exactly as I want it, but I am gonna do my best. I have only gotten through 2011 for the most part, but it is the beginning of the rest of my life.

To begin with I have found a school that I can attend to get my Real Estate license in a fraction of the time it would have taken me to get it at the Community College. The school is Champion School of Real Estate.  This school is also going to be a fraction of the cost. I am hoping to start after the first of the year, and should have my Realtor license by the time I have the baby in June.

After I have my license I plan on working with a Realtor company for about six months, and then I am planning on moving to Colorado by the end of the year. I want to make this move to have a new beginning in my life, and feel it will help me in every way.

Until now I have always worried about what other people think about my choice in life, but I can no longer do that. I am making a life changing plan for me and my child, and do not think anyone has any say over whether I can improve my life in this way or not. I now have my plan, and will do everything I can to make it all happen.

Need to Vent

I have been trying not to get overly stressed about my finances, but I can't help it. I am now faced with the possibility of having two new babies soon, and worried about working during all of the pregnancy. I was told I couldn't work last week because I was sick, so i missed two days of work. I only work part time as it is, and only earn minimum wage. I still have to keep my head up.

The positives of the last week or so is that the baby/babies father is starting to come back into the picture. Once he realized that I was not lying about him being the father he knew he did not want to miss everything. He did tell me that he was going to try to have everything taken care of. I truly pray that he does, because I want to be able to provide a good future for the baby/babies.

I know that everything is going to work out. I just have to stay focused on the things I want to do, and provide. I am preparing for the worse financially, and hope it does not come to it. I am hoping that i have enough put away in case I have to take maternity leave early, and plan on not receiving an income during that time. The only income that I will have coming in will be my online income, and it is not that great at the moment. Maybe I will get rich with my online work over the next six months :)  It never hurts to dream!

I Have Never Been More Motivated on My Financial Future

It is so funny how becoming pregnant has changed my thought pattern in a lot of ways. Instead of only thinking about me, I have another person to think about. I may even have two other people to think about if it turns out that I am having twins. (I will find out in a few weeks) Now I see why so many moms work there behinds off. I want to be one of those moms that work hard and can provide for there children.

I have never been so focused on making more of an income, and getting all of my finances in order. Everything has been crossing my mind; unpaid maternity leave, possibility of having to take maternity leave early, planning for the future of the baby(babies) and so much more. I am trying to plan for the harder alternatives so I can hopefully be better prepared when  thinks actually work out well. I guess its those motherly instincts that everyone has been telling me about.

School is still in my future. I have to pay $700 to a school that I went to a few years ago so I can get my transcript, and then I will be applying to attend the community college in my area. Planning for this will help my babies future, as well as my own. I just know that the next few years is going to be a struggle, but it is going to be well worth it when it is all said and done. I will be going to school to get my degree in applied science. I am wanting to get into real estate. I have wanted this for years and I am now focused on getting it done.

To prepare for everything I am pushing to earn more online so I will have an income coming in just in case my maternity leave comes early, and because my maternity leave is unpaid. The income will also help with so much more in my life. I have decided to put more of a schedule together, and just have more focus. I know that everything is going to work out, it is just going to take focus and determination from me.

Credit is going to be getting better soon

I am finally feeling a little more confident about my credit. I did have a few things removed from my credit, which will help. I have also now received my secured credit card. I have decided to use it to pay my storage bill every month, and then pay it off. This will help prevent me from using it for unnecessary purchases. The balance owed monthly will be less than half of the available balance, and it will be paid in full every month. Those two factors can greatly increase your credit score in a shorter amount of time.

In addition to my secured credit card I have been paying my monthly payment to the government student loans. I have paid the payment on time for four months now. After six months I will be able to get additional student loans, and after 9 months my student loans will actually go from a negative on my credit report to a positive.

I am figuring that my credit score will be increased by at least 100 points by April of 2011 with the things I have been doing. After my score has been increased and has some positive transactions on it I will then try to get financed for a reasonable car. This may be a little more difficult with my low income, but I am hoping that my income will actually be increased as well.

In other areas of my life:

I had to go to the hospital last night due to being sick. I have bronchitis, which is not to bad. The news is that they listened to the heartbeat and actually heard two in addition to mine. I am not 100% positive about it being twins, but it is enough to have me terrified. I am a single first time mother with a small income, and to have two babies is very scary for me. I am scared, but I know I will get through it. I feel as if this was a plan from God, and it is what he wants. I will get through it with planning, support from family, and hopefully increasing my income.