At 22, I was professionally flailing. I’d spent my three years since dropping out of college working at a hardware chain and then at a clothing store, finally realizing after too much managerial drama that I didn’t want a future in folding jeans. So, after too many shifts spent crying over the cash register and educating my 17-year-old employees on the symptoms of a quarter-life crisis, I asked a friend for an in at the bank across the street. She worked there, she liked it, and she thought I would too. So I bought a fancy interview outfit, updated my resume, and found myself hired for a new branch about 20 minutes away.
You’ve probably heard a lot about your credit score over the years, but have you ever actually looked under the hood and try to better understand it? If you’re answer is no – don’t worry, you’re not alone. Surveys have shown that Americans simply don’t know enough about how credit scores work and the effects their score can have on their lives.
Credit utilization: What a sexy topic, right? It’s up there with Annual Percentage Rates and 401(k) rollovers. Despite the impact credit utilization can have on your credit score, aka your life, I’ve noticed very few people understand it.
I Don’t ‘Budget’ or ‘Manage’ My Money — Business Insider “I just monitor.”