Honestly, learning to budget and handle finances doesn't come naturally for many people. That's why there are so many people who make a career in helping with money.
Here are some ways to help with your money and your credit:
First, only apply for credit when you need it. A good credit score is vital for your financial well-being, so one way to get and keep a good score is to only apply for the credit you need.
Next, you're entitled to a free credit report every 12 months, so it's ideal to set up an annual reminder to be up-to-date and spot any potential errors that may be hurting your credit score.
The Consumer Financial Protection Bureau also suggests setting up bank alerts to notify you of your checking account balance at the end of the week or if your balance gets too low. These notifications can protect you from incurring any overdraft fees.
If you have a financial emergency and you can't make bills this month, act fast and call your creditors.
Lastly, when you're shopping for a loan, get quotes from at least three lenders to compare terms and fees.