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How Your Budget Can Help You Build Credit | Credit.com

April 20, 2015 by Admin
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your budget

The building blocks of a healthy financial life are all tied to your budget — how much money is coming in, going out and where is it being used? Answering those questions and creating a budget that works for you can have a ripple effect on the rest of your finances.

Specifically, a good budget can help you maintain or build a great credit score, which can actually help your budgeting in the future, since a good credit score can save you tens of thousands of dollars over your lifetime (the lifetime cost of debt calculator can show you just how much).

Here are two key ways that your personal budget and your credit score are connected, and how you can ensure that your budget helps improve or maintain good credit.

via How Your Budget Can Help You Build Credit | Credit.com.

 
 

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