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.
Have you ever dreamed of owning your own home? Whether that be a condo in the city or a colonial in the burbs, even the most die-hard renters may find themselves peaking at online real estate listings every now and then, thinking of what life would be like. Sure, the housing crisis was scary, the stress of the home buying process is legendary, and the fact that there’s no landlord to call is a lot of responsibility but despite it all, the attraction is still there.
The internet is a place of extremes. Extreme weight loss, out of control Pokemon Go tactics, and unrealistic frugality. A blog post about someone who pays off $67,000 of debt in 20 months is eye-catching clickbait. However, the much more common and realistic version of personal finance stories that detail the slow and steady approach of people who pay off debt, build up their savings, and enjoy a secure retirement over the course of decades are far less sensational.
Shit happens. I don’t think you need me to bring this undeniable fact to your attention. Instead, let’s focus on what happens next. All you can do is keep your composure, deal with the situation at hand, and move on. That’s what “real” adults do (or so I’m told).