Financial Literacy

Financial literacy is something I learned as an adult; me being an accounting student and seeing how detrimental credit score can be. In my twenties I used and abused my credit causing it to drop to the low four hundreds and not being able to get anything in my name or line of credit. It wasn't until my late twenties when I realized that I had to do something about this if I wanted to be successful in life. However my finances were still bear minimum having gave birth to my third child and trying to figure out how to balance paying my monthly bills and making payment arrangements or settlements to rebuild my credit. It was until the beginning of 2023 when I actually started the repairing process, I learned the easiest way was to do when I received a lump sum of money which in that case was my tax refund. After settling two smaller accounts my score jumped over fifty points and I was out of the four hundreds. I continued to do every time I got extra funds and now my credit is in the mid six hundreds which is not my goal but I continue to take the steps to get it where I want, mid seven hundred and even eight hundred. My credit usage is the problem now and I am currently working on getting my credit accounts below 30% usage. I'm praying that by the time I finish my degree I am a representation of my knowledge on financial literacy and independence.