mikey40lil

1 Contributions 55 People Helped

Member Since: January 2013

Most Helpful Contribution

Trends by Age

Feb 06, 2014
Helpful to 55 out of 68 people

It sucks that they don't teach how to manage your money and use credit in your advantage in high school. They definitely need a finance class that is required. I had to learn about everything myself. I'm 19, and have 4 credit cards, a paid off car loan, and an actual FICO score of 750. Credit karma calls it a 760 but my discover credit card gives free fico score updates. I don't see why people are complaining about others having advantages because not everyone needs one. I worked my way to that score within a year and a half. As soon as I turned 18 I joined the military and got a credit card through USAA. It was only a $300 limit but it was something. That allowed me to build credit towards a discover with a credit limit of $1800. Then I got a car loan paid it off, and applied for a Chase sapphire card which I instantly got accepted for a $5k line. I also have an amazon credit card with another $1800. So people need to stop complaining about how others have had an advantage and just accept the fact that sometimes you're not prepared for life. (With the exceptions of anyone in debt to medical issues which is pretty devastating.) 

Activity (1 Total Contributions)

Trends by Age

Feb 06, 2014
Helpful to 55 out of 68 people

It sucks that they don't teach how to manage your money and use credit in your advantage in high school. They definitely need a finance class that is required. I had to learn about everything myself. I'm 19, and have 4 credit cards, a paid off car loan, and an actual FICO score of 750. Credit karma calls it a 760 but my discover credit card gives free fico score updates. I don't see why people are complaining about others having advantages because not everyone needs one. I worked my way to that score within a year and a half. As soon as I turned 18 I joined the military and got a credit card through USAA. It was only a $300 limit but it was something. That allowed me to build credit towards a discover with a credit limit of $1800. Then I got a car loan paid it off, and applied for a Chase sapphire card which I instantly got accepted for a $5k line. I also have an amazon credit card with another $1800. So people need to stop complaining about how others have had an advantage and just accept the fact that sometimes you're not prepared for life. (With the exceptions of anyone in debt to medical issues which is pretty devastating.)