Getting Credit Education

Having credit education is like knowing how to read. It will be necessary throughout your life.

Once you learn it, you will know it forever. Once you establish good skills, they will help you to get ahead throughout your life.

So, it is vital to get education you need or to provide this education to your children.

Did you make mistakes along way? Teach them how to avoid these.

If you are trying to learn about credit education on your own, it is important to talk to others as first hand experience really helps to teach basics.

Knowing that this type of education is vital is most important aspect of all.

What is credit education?

It is a basic term that applies to knowing how to build and maintain good credit. In beginning, credit is a dangerous thing.

We all think we will be able to pay it off and do not worry. For those that do not understand that this will not be easy, bill comes and we wonder what we spent it on.

Technical Analysis is financial astrology. There are too many variables whose importance changes too quickly to allow any mathematical formula to accurately predict performance of Market. It's like Science claiming that it could predict crystal structure of next snowflake when there are an infinite variety of potential snowflakes. It's simply impossible.

It's true that economy operates in cycles. It's easy to identify historic economic cycles and discover primary reasons that each one occurred. However, to extrapolate from existence of economic cycles to Technical Analysis is like noting fact that people and objects don't fall off earth and assuming that earth is flat.

Fundamental Analysis might work in an honest society using objective evaluation tools and operating in a stable reality. Enron and WorldCom are just two examples of hundred of thousands of examples that show honesty in business is a rarity. Business audits aren't objective. The Generally Accepted Accounting Principles (GAAP) have more loopholes than a sponge has pores. Today, world economy is anything but a stable reality. We are walking along an unstable cliff that will soon plunge us into a Recession and eventually into a major Depression. Many fundamentally sound businesses will be swept away in this economic collapse.