Jennifer Maggio is considered a leading authority on single parents and womens issues. She is an award-winning author and speaker who draws from her own experiences through abuse, homelessness, and teen pregnancy to inspire audiences everywhere. She is founder of The Life of a Single Mom Ministries and writes for dozens of publications. She has been featured with hundreds of media outlets, including The 700 Club, Daystar Television, Moody Radio, Focus on the Family, and many more. For more information, visit thelifeofasinglemom.com.
My primary job for almost 10 years in Corporate America was financial counseling. Through the years of working with families, it became abundantly clear to me that no matter the age or income, if you were never taught how to manage money, budget, obtain credit, then you simply never learn. I want to take an opportunity to share with you a few tips on how to manage your credit score.
First things first, why is it important? Being a good steward of what the Lord has given us furthers our witness for him. Also, poor money and credit management has long-term affects. Many young college students have ruined their credit early in life, not realizing its significance. Did you realize that your credit score can impact your future employment? Many employers pull CBRs (credit bureau reports) to determine a potential employee’s integrity. Homeownership (or the lack thereof) is significantly impacted by one’s credit history. Certain employers require “bonding” which is specific to the financial field — but again, cannot happen with poor credit history. These are just a few of the many, many reasons why understanding and maintaing your credit is crucial.
Jennifer Maggio is an award-winning author and speaker who is considered one of the nation’s leading authorities on single parents’ and women’s issues. She is founder of The Life of a Single Mom Ministries and Overwhelmed: The Single Moms Magazine. For more information, visit http://www.thelifeofasinglemom.com.