Activity 2 is to consistently use credit - I'm comfortable tracking that activity as complete as well because we use our cards and pay them off consistently.
My Money, My Choices - Level 4, Activity 1 & 2
Level 4 is all about credit...which is a tool and important to learn how to use well. When credit, turns to debt it becomes a tool that weighs us down and prevents us from achieving financial independence.
Activity 1 is to get a credit card...well that's an easy one to check of as complete. I have a personal VISA in my name only that I use when travelling for work to keep those expenses separate and Jordan and I have a joint AMEX (with him as primary) and a joint Mastercard (with me as primary). It's really important for our own credit identities to ensure that each of us is the primary on at least one; that way when the credit card companies report to the credit reporting agencies - we're both building a good credit history.
Activity 2 is to consistently use credit - I'm comfortable tracking that activity as complete as well because we use our cards and pay them off consistently.
Activity 2 is to consistently use credit - I'm comfortable tracking that activity as complete as well because we use our cards and pay them off consistently.
I'm probably too good at consistantly using credit ;P But I'm also getting better at consistantly paying it off too :D
ReplyDeleteHave you received your credit report yet?
ReplyDeleteCheck out today's post, we did! Later this week there's one coming about how to order it.
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