Three Reasons NOT to Cancel Your Old Credit Card

The credit company wants to see that you are responsible enough to manage more than one type of debt. For now, holding onto old cards and proving you can handle the responsibility of different lines of credit and payment dates will have a positive impact on your FICO score.

5 Reasons Why Pro Athletes Go Broke

After seven years in the NFL, I transitioned to a career as a financial advisor. The experience has afforded me a new perspective on the situation of professional athletes and their finances.