In general, the more income and money you have, the easier it is to maintain a good credit rating. A good credit rating means paying less for everything from borrowed money to car insurance.
As I said above, I’m not offering an opinion on whether the rich should pay “their fair share,” or whether either political party best represents “the people.” And I don’t believe in warfare, class or otherwise. But there’s one thing that’s undeniable: Having money makes it easier to get more.
– Stacy Johnson is a journalist, author, and executive producer and publisher of Money Talks News, a consumer/personal finance TV news feature that airs in about 80 cities as well as around the Web. This article first appeared in Money Talk News.
