Every Monday you hear money tips to make your financial life more awesome. I call it your Money Monday Wellness Shot. One of my inspirations for this topic is that I am super bad at money. I’m that wife whose husband pays all the bills. I’m trying to make up for that lost time!
Do you know what a FICO score is? Thanks to Justin who listens in the morning in Oakland, I learned it’s a credit score. He told me a FICO score will, “determine whether or not lenders will lend to you in the future, and the price you will pay for the money that you borrow.”
I found two videos that explain FICO scores, you can see there’s one for parents and one for your children. Explain these are the kinds of things they need to start thinking about if they want to provide for themselves all the things that right now you provide!
Do you wish you had learned about finances when you were younger? If you had been more money-aware what do you think you might have done differently? Me? Not always get bigger apartments in the 80s! I was “flexing” as the kids say, not saving! How about you??