A consumer’s’ ability to repay their debt in a timely fashion, in addition to managing their credit wisely, is reflected by their personalized credit score. The credit score, otherwise known as FICO score, reflects the credit payments patterns over time. It is sourced from one of the three main credit reporting agencies.
Working as a financial adviser can be both frustrating and illuminating. You get the two ends of the economic human spectrum. The person who has a reasonable amount of money and is looking to invest. The person who is continually in debt and barely makes it from payday to payday.
Many opportunities may come a person’s way, and some of them may lead to financial freedom. But missing opportunities, because one puts off until tomorrow what can be done today, usually results in the action being put off until the next day, the next day, and never.