The COVID-19 pandemic has shown that you can’t count on things going as planned and it’s smart to be prepared. Even if you don’t plan to borrow a dime, a good credit record is valuable. Think of it like a household fire extinguisher: It’s smart to have a good one even though you have no plans to use it. And your credit can influence your life in ways beyond borrowing. Here’s why good credit is so valuable:
· A good credit score can help you borrow at a reasonable cost..
· Many landlords check credit
· Many employers check credit
· Some insurance providers offer discounts for good credit
For more information check out our website https://parentsfin.wixsite.com/website/books or ours books Raising Finaially Independent Children, Financially Independent Teens and Financial Essentials on amazon
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