The idea of credit is extremely important to your financial well-being. You may be great with money. You may understand bank accounts, checking accounts, and cash-only budgeting skills, but until you really dig into the meat of using your credit successfully, you’re missing out on a big part of the monetary puzzle.
Five topics in particular to consider include making sure that you know how to fix your credit if it’s broken, you understand interest rates, you know how budget apps can help you with credit functions, you know the difference between credit and debit, and you have a basic understanding of how credit rating works with respect to applying for loans. [Read more…]