Good Financial Habits To Cultivate Now

Dated: 04/08/2018

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Check your credit report:  Once, every year, you're entitled to a free credit report from all three credit agencies via annualcreditreport.com 

Be sure to save all three reports and review thoroughly.  If you notice any inaccurate information, report it immediately to your credit agency.

Set up automatic payments: If you have trouble remembering when bills are due, set up automatic payments.  Or, if you prefer to pay all of your monthly bills at a specific time set up payment reminders to help you remember due dates.

If you're young or have a short credit history, avoid opening several new accounts at once:  Opening multiple accounts in a short amount of time may lower your score.  Also if you're rate shopping, lump it into a single inquiry.  Several new inquiries into your credit can count against you.

It's never too late to repair your credit: If you have to start over due to bankruptcy, be diligent about opening new accounts and continue to make your payments on time.  This will help you rebuild your good credit history.Your credit score impacts so many important financial decisions in your life and most people really don't think about it until they need it. Having a good credit score determines what interest rate you will pay on loans, whether or not you get approved for an apartment, what you will pay for your car payments, or even if you get a potential job opportunity. Click to read about 3 smart ways to improve your credit score quickly so you get the best financial options available.

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Candy Wallendorf

Dear Friends, In my past careers as a music education teacher and middle school guidance counselor in Jeffco Public School, Real Estate has been the natural next step in my career trajectory. This....

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