Episode #42 Fresh Start Woman’s Foundation CEO Susan Berman and how to clean up your credit

Click this link to listen to Podcast Episode #42  Susan Berman the Ceo of Fresh Start Women’s Foundation is sharing how this amazing organization helps women get back on their feet. Plus learn how to clean up your credit so you can buy the home of your dreams from Jacques Munro with Munro Realty.

Links to Topics discussed on Episode #42:

Fresh Start Women’s Foundation

Munro Realty 

Article links:

How to get your credit cleaned up

A House and A Ferrari for the cost of the House???!!!

By Jacques Munro

A House and a Ferrari for the Cost of the House???!!!

The importance of having good credit cannot be overstated, especially when purchasing a home.  The inability to generate traditional financing and purchase a home due to poor credit aside, having only mediocre credit can translate into paying far more for the same exact house.  In some cases, the difference can be the cost of a luxury automobile . . . perhaps even a Ferrari.

Credit for Home Purchase

Failing to meet a minimal threshold FICO score (hereinafter FICO) can prevent one from purchasing a home (or even being approved as a tenant).  Typically, for an FHA loan, a minimum FICO of 520 is required, while 640 is generally required for conventional loan eligibility.

While meeting the minimal FICO requirement can make a person eligible for a loan, having an excellent score can mean savings in the tens of thousands of dollars over the life of the loan.  In addition to a higher interest rate, mortgage insurance can be double the cost for those with lower credit scores.  In the example of a $400,000 conventional loan, the 640 FICO interest rate would be 5%, while that of the 740 FICO would be only 3.99%.  This translates to more than $75,000 over the life of the loan.  For the mortgage insurance, the difference could be more than $35,000 over 10 years.

Another important benefit of having excellent credit is that the borrower can qualify to purchase a more valuable house insofar as the interest rate and therefore payment amount is less.

Other Benefits of Excellent Credit

Other benefits of excellent credit include being able to obtain premium credit cards with a low-interest rate, competitive auto loans, and establishing phone/utility services without a deposit, etc.  In the case of an auto purchase, a $25,000 loan with minimal threshold credit could add an additional $6,000 to the cost of financing.  

Surprisingly, some employers run the credit report of prospective employees.  This means great credit could translate to a better job.

Strategies to Clean Up Credit

Of course, one could try to repair his or her own credit.  There are tremendous resources on line.  A good resource is CreditRepair.org.  Otherwise, googling “credit repair” will yield to a wealth of on-line information.

Professional assistance is perhaps the most convenient and effective method of credit repair.  The key is to select a reputable company which can be done by investigation through on-line reviews, consumer reports and/or the better business bureau.  A company with which our brokerage has had a good experience is GoCleanCredit.com.  Their costs are competitive to the industry, generally $200 to start and $100 per month.  


With excellent credit, the buyer’s dream home may very well be in reach . . . perhaps even including that free Ferrari!

For more information, please contact the author.

Jacques-Henri Munro,

Designated Broker/CEO

Munro Realty International, Inc.


Check out their current listing at  Munrorealty.com or call 602-953-3838


Episode #41 Tess Loo one of the sisters from My Sister’s Closet, 7 ways college students can save

Episode #41 of the Smart Shopper Daphne Podcast click here to listen to podcast


Guest and topics discussed:

Tess Loo one of the sisters from My Sister’s Closet resale stores shared her story of success and how their stores save us money while staying fashionable.

7 very creative ways college students can save some money






7 creative ways college students can save

7 Ways to Save Money In College

1.Take Advantage of Student Discounts

Student discounts are great and a lot of stores and restaurants offer them. UniDays is also a great website to shop with student discounts. It is a service that Apple provides, as long as you sign up with an @edu email address, you can access discounts from Teva, American Eagle Outfitters, Adidas and American Apparel.

1.Dollar Tree and Dolla Stores

The dollar tree is a great place to shop if you’re running on a budget. They have off-brand versions of cooking supplies ranging from towels to can openers to lemon squeezers. It’s also a great place to stock up for DIY projects. They often have a wide selection of jars and decorative rocks and candles and the list go on and on.


  1. Freeze Your Meats to Make Them Last Longer

One trick that easily allowed me to continue eating meat at a reasonable price was buying the value packs and freezing the rest for later. I would portion them out using little plastic bags or reusable containers so when I was ready to defrost them, I could grab a little and not all of the meat.

1.Try Eating 1 Vegetarian/Vegan Meal a Day

Basically, try to eat vegetables for one meal a day. Not only will it help you reach the daily recommended amount of veggies, it’ll help you cut down on your grocery bill. Try making a meatless salad that’s filling or sauteing some green beans, carrots, and eggplant or whatever you want; the goal is to eat a meal of vegetables (and fruit if you’d like) to save spending on meats.


  1. Don’t Eat Out, Eat at Home!

One good way to avoid gaining weight while at college is home cooked meals. You save money that you’d be spending on fast food and now you have money to go out Friday night! The average cost of eating out is $12.75 according to The Simple Dollar. Now a meal at home will cost you about $4. You could be saving $8.75 on every meal you decide to eat at home versus eating out.


  1. Don’t Buy Useless Things

Don’t buy a keychain that has your name on it, do you really need that? Don’t buy fast fashion to keep up with the trends, what are you gonna do when they’re no longer fashionable? Think about your purchases before you commit to them. I try to wait on purchase for a long time to see if I really do want it. This summer, I realized it was finally time for me to re-do my makeup bag but I knew it was going to be an expensive purchase. I set aside about $25 dollars a week over the course of summer in order to save. Think long term, not short term.

  1. Set and Keep Track of a Budget

Budgets are great tools to keep track of your money. I love using the Mint app to keep track of my spending. It’s a visual tool that allows me to see exactly what I’m spending money on using my debit card. It shows short and long term usage patterns and helps guide and set your budget based on that information.

Find out when is a good time to buy airfare so you can save the most

Knowing when to buy that plane ticket can save you a lot of money. Summer travel is, of course, a very popular time to travel. The kids are out of school and in the Valley, it is our off-season and no one wants to live in this heat. Therefore the demand goes up so can the airfare.

Tip #1 Always try to book your travel before mid may this year you needed to it before May 21st, 2017 because Airfare went up because of the summer pricing.

Tip #2 Another important date that went buy is June 15th of this year. If you still had not booked your travel by May 21st then June 15th was another price increase for summer fares. So you need to book before June 14th.

Tip#3 The most important date which is coming up is August 30th. Fares drop on this day last year it was around August 23rd. What this means is that fall pricing is less expensive and less demand, which means deals for you. So if you can wait to take that vacation in September you’ll probably save the most.



Get paid to lose weight? The apps that can get you motivated


Have you heard of Healthywage? Basically, you bet on yourself that you will lose weight. You decide how much money you want to bet each month and how long it will take you to get there in order to get to your goal. If you meet that goal you will make some money. If you don’t you lose your entire wager. But how is that for motivation?

For example, let’s say you want to lose 10 pounds. Go to either the app which is available on all platforms or on the website at healthywage.com. Then figure out what you can win. Enter how much you want to lose. I plugged in 25 lbs. as an example and wagered $25 a month for 6 months. So I will bet $25 a month for 6 months that I will lose 25 pounds. So I am betting $150. If I meet my goal I will win an extra $16. If I don’t meet my goal I lose the $150.

How does the company know you are really losing the weight? They have three options. One is using the app. Take a video of you weighing yourself. Second is make a 30-second video of you getting on the scale and lastly is have a professional fitness or healthy coach verify your weigh in with a form you can print off of their website.

Another app that is similar is called DietBet. It rewards people for losing weight. Here’s how is works. You either create or join a group that is ready to start a challenge. The main goal of the group is to lose 4% of the total weight in 4 weeks. You have put in $25 in the pot and the group that loses the most wins the prize. The larger the pot the more money you can win.


Episode #39 August freebies and best buys plus how to deal with a home that has multiple offers

Episode #39 Find out what free things you can get in August and what things to buy in August in order to save the most. Jacques from Munro Realty shares his tips on dealing with a home that has multiple offers.

Topic Discussed:

How to deal with buying a home that has multiple offers. To reach Munro Realty go to Munrorealty.com

Some cool freebies happening in August

August Best Buys

What to buy in August in order to save the most?

There are some great buys to be had in the month of August. Find out what you should be buying in order to save the most.

Summer time may be over and that means retailers are making room by getting rid of them for a steal. Expect to see summer clearance sales and summer gear.

Expect to find deals on shoes in August. According to Dealnews, you should find better deals on shoes in August than in July or September. Some deals you can expect are on Converse sneakers for $25, L.L.Bean women’s canvas sneakers for $14 and so on.

Back to school stuff, you will also save during this month. According to the Moneytalknews.com laptops drop in price from 8% to 25% in August. Plus August also had 24% more computer deals. Plus you will see plenty of deals on school and office supplies. Make sure to do your research before heading out to shop. Overall in the past years, Target and Wal-Mart are usually your best places to find deals on office and school supplies.

The wonderful thing about living in the Valley is it is warm most of the year so buying patio furniture off-season will save you a ton. Many retailers are clearing out that patio furniture so scoop up those deals cause you can sit outside and enjoy for most months here in the Valley. According to Moneytalknews.com a lot of clearance sale came from Sears, Target, and Walmart.

Plus you can find deals on Air Conditioners in August.

Lastly National Park Service senior passes go run and buy. Normally folks over 62 years have been able to buy a national park pass for just $10 but after August 28th, 2017 after Federal mandate those passes will no longer be available at the affordable price but instead will cost $80.




Find out what freebies you can get in August

August 3rd – 7th stop in at Starbucks between 2pm and 5pm and you’ll get a BOGO on a Macchiato.

Firehouse subs get a free medium sub on August 5th when you donate a 24-pack bottle of water.

Get your documents shredded for free. On August 5th if you bring in the coupon from their website you can shred 2 pounds of paper. For the in store coupon code is: 40543

This is a pretty good deal from Olive Garden. You buy one entree and another to take home for free.  Most meals start at $12.99 and the most expensive is $18.49 the seafood lasagna.

Free bowling on August 12th because it is national bowling day. Just go to Natioinalbowlingday.com to find a bowling alley participating near you.

August 25th go see any National Park for free. On that day you can get free admissions to 400 national parks. Go to NPS.gov

At JCPenney, if you download their app by August, 31st you will get a free coupon for $10 towards your next purchase.