The United States of America debt is over 18 trillion US dollars. On average every adult today in the United States of America with a family has at least a $30,000 debt. We individuals are always being defined by numbers and the rules also applies when it comes to credit. On the long run it is not your Grade Point Average, SAT score, class rank, ELM placement score, EPT placement score, height, shoe size, nor your weight that defines you it is your financial credit that does because it will follow you whenever you apply for a job, try to purchase something, take out a credit card and of course when you apply for college loans. A college student with a bad financial credit will be denied to borrow money or have a high interest rate on his/her college loan.
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Most importantly it is more crucial to not borrow an excessive amount of money because the options we have buy things are endless. Money is very valuable and we have to learn to take care of every dollar we spend. I don't ever pick up any penny or dime i find on the ground because I know there is someone out there with bad financial credit. These are only a few out of the several reasons why it is crucial to maintain a good financial credit during your college years. Let’s also not forget to turn our heads away from businesses begging us to take out a loan or a spending card for their business because of our good financial credit. Corporations are always trying to convince my dad to spend money on their business because of my dad’s great financial credit. My cousin for example actually just turned twenty five he attended a two year college, established a bad financial credit until he built it up when he purchased his first car he fortunately brought up his financial credit to good to the extent that businesses started sending him mail so that he will spend their store
Most importantly it is more crucial to not borrow an excessive amount of money because the options we have buy things are endless. Money is very valuable and we have to learn to take care of every dollar we spend. I don't ever pick up any penny or dime i find on the ground because I know there is someone out there with bad financial credit. These are only a few out of the several reasons why it is crucial to maintain a good financial credit during your college years. Let’s also not forget to turn our heads away from businesses begging us to take out a loan or a spending card for their business because of our good financial credit. Corporations are always trying to convince my dad to spend money on their business because of my dad’s great financial credit. My cousin for example actually just turned twenty five he attended a two year college, established a bad financial credit until he built it up when he purchased his first car he fortunately brought up his financial credit to good to the extent that businesses started sending him mail so that he will spend their store