This is a compensated campaign in collaboration with Chase and #WeAllGrow Latina Network. All thoughts are my own.
Money scares me. My entire family had immigrated to the States less than 10 years before I was born, so in a way, they were learning about finance and credit while I was a child. Nothing was taught to me, nothing was ever said to me about anything involving money, so I never really learned how to budget, why I needed credit and how to maintain good credit simply because no one around me really knew either. College was the first time I even considered having a credit card…and since I didn’t know better, I ruined my credit almost immediately after getting it. So, like I am sure many of you feel too, I kinda grew afraid of it and ignored it all.
I’m almost 40 now, with a family of my own, and only now dealing with my credit. You know what…tackling your credit doesn’t have to be intimidating! It is empowering to know where you stand and take steps to achieve optimal financial health.
The first step to conquering your credit is arming yourself with knowledge about credit, your score and methods to manage it.
For me, this was the hardest part. It isn’t that it’s hard to access, and Chase Slate offers it for free. So, take a deep breath and (I had a glass of wine on hand too) go for it. Once you have your credit score, and info, you can get a plan in place to start paying off debt, consolidate and start checking for errors too. When I got my credit score, I saw a few errors that I was able to get off my credit report, and then I started budgeting to pay off debts (like those old credit cards) to improve my credit score.
Tackling your personal finances can be a little nerve wracking, but this is the time to empower yourself to be financially healthy and give yourself the freedom to feel confident about your money. Remind yourself that this, like anything else that can help you and your family, takes time but if you keep on top of it, slowly your credit can be rebuilt and things like buying a brand new car, a new home, or even, taking out a loan to pay for your children’s college, can be possible. You will be the one in control of your credit.
It is crucial for your well-being – today and in the long run – to have financial knowledge. Credit can affect so many aspects of your life, you can’t even rent an apartment without a credit check! Plus, once you have financial knowledge, you can teach your kids how to be financially responsible so that they can manage their credit when they are adults. Use tools that empower you to make savvy financial decisions and manage your credit with confidence. Don’t wait. This is the time to overcome your hesitation and conquer your credit!
Visit Chase Slate Credit Card webpage for additional information and to learn more about how to #ConquerYourCredit.
This is a sponsored conversation written by me on behalf of Chase and #WeAllGrow Latina Network. The opinions and text are all mine.