White House inspiration
term a ‘‘Bugger Off’’ account (she has a different term), which is enough money in case you need to leave a partner, a terrible job, or a scummy landlord in a hurry.
A very different life-fright led to her second great money tip, which is about keeping your credit score decent.
When she worked for Kerry, she got ‘‘her own’’ credit card to manage the senator’s carter flight bookings.
At one point, campaign bank account statements were released publicly to prove the Kerry presidential campaign was ‘‘financially viable’’.
This was achieved by holding back on paying the charter bill.
The card was in Mastromonaco’s name.
‘‘For more than 60 days, I had an outstanding balance of about $500,000,’’ she says.
She only realised what happened when she needed to buy a car, and found nobody would lend to her.
The lesson, she says, is that your credit score matters, and monitoring it is your job.
It’s Money Week here, and we’re being treated to a lot of advice on how to be more prudent in our money lives.
It’s all welcome, but nothing I have seen, read, or heard, have I found as funny, and real, as Mastromonaco’s.