When you invest money in anything, you accept a certain amount of risk. How much is a tolerable risk level for you, though? The answer to this question lies in your risk aversion and your loss aversion. What do these mean for you as an investor? Here's what you need to know to find the right balance. What Is Risk Aversion? In investing terms, risk is the chance that your investment will lose value rather than gain it.
When I got my first credit card, I had no idea how to manage my money. I made a lot of mistakes that I later regretted and had to spend many years rebuilding my credit. I didn't realize that even one mistake can cause serious damage to your credit score. I did a lot of research into money management and credit repair options and put the effort in to rebuild my credit. This site is a compilation of the things that I've learned and the steps that worked for me. Hopefully the information here can help you to avoid some of the struggles that I faced.