As an adult, you will most likely have a job and income, and household expenses. This means you will need to establish and manage credit, create budgets, pay taxes and take care of necessary expenses- necessary in that they are a universal requirement for living in society. These things are what everyone must navigate in the adult world and we hope to send you down the right path in your new adult life.
A credit score is a number between 300 and 850. It is designed to represent your credit risk, the likelihood you have of paying your bills, and so much more. In short, it shows potential lenders how desirable you are as a client to be lent money or get credit cards.
Budgeting is the process of creating a plan to spend your money. Creating a budget allows you to determine in advance whether you will have enough money to do what you need or want to do.