Whether or not you believe money makes the world go round, it’s an important thing to master as an adult. Being in control of your finances, being careful with spending and knowing how to stretch your money are all crucial things to learn. As a homeowner, you’ll probably find if you take a look at your monthly bills you’re hemorrhaging money all over the place. But there’s plenty you can do to put it right.
Read on to find out more.
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It’s difficult to really get too excited when you think about debt. It’s not something anyone consciously aspires towards, and some of the statistics relating to debt in the UK are pretty frightening. But one also has to work past natural stigmas and prejudices to consider the two different kinds of debt: constructive and ruinous.
And the former is one which should be embraced when appropriate, and accepted as a force for good. For example, a mortgage is a vital means through which to become a homeowner, personal loans can enhance your life when it comes to things like purchasing a car, or even improve your net worth if it is for something like home improvements.
All of these are dependent on the debt being affordable, and preferably even cheap. So, how to access cheap credit? Aside from the fact that tumbling interest rates continue to help the cause, your credit score is arguably the biggest factor of all. The key is to optimise it as best you can, and, luckily, it’s actually pretty simple…