financial literacy

financial literacy
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  • I don't have enough money for this months rent, should I just not pay it?
  • No!  That would negatively affect your credit score!
  • Ha why would I care about my Credit score! I don't even know what that is.
  • Oh you have a lot to learn.
  • Lame!
  • Your credit score is a number that summarizes an individual's credit record and history
  • OH sureee
  • You may think that, but you don't know the ways it can help you.
  • Oh really?
  • Having a good credit score will allow you to get better interest rates when borrowing
  • Hmm I guess it really is important...
  • Also, having a bad credit score can affect your job opprotunities, and ability to borrow
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