Are you like 47% of Americans who are constantly stressed dealing with your financial situation, trying to figure out how to pay your bills and manage your debts? Being able to manage your finances and debts is vital to living a stress-free and healthy life.
Andrew’s five-step financial accountability action plan provides an overall financial wellness plan, which oftentimes begins with credit repair or increasing your credit score. Most people fail to realize the importance of credit in a debt-based system that the U.S. government has established. Having a high FICO score is one of the keys to financial success, since 90% of all major financial transactions are credit driven. Your automobile insurance, credit cards, vehicle loan, mortgage loan and even your rent is credit-based.
If you feel that you are managing your money well and are well off financially, perhaps you are, and quite possibly it’s an indicator that you can do even better. Being complacent and content in life eventually leads to financial challenges because the government will always manufacture recessions intended to impact your credit, take your money and keep you indebted in their system. With great credit, good money management skills and little to no debt, you make yourself recession proof and financially independent.