Using credit cards irresponsibly can lead to debt and poor credit. It is important to pay credit card bills in full and on time each month to build credit without overdue payments. Maintaining a low credit card balance also minimizes the risk of being unable to pay the full balance. Monitoring your credit reports through a credit monitoring service ensures you are aware of payments and credit scores before making large financial decisions. Implementing these tips can help improve your financial standing and credit score over time.

1. TIPS FOR KEEPING
A HEALTHY CREDIT
SCORE
John J. Bowman Jr.

2. When the money you spend isn’t draining
directly from your checking account, it’s
easy to assume that you have more than
you do - and later find yourself under a
mounting pile of debt. Using a credit card
irresponsibly can lead you into debt, poor
credit, and financial troubles down the
line. A positive score makes securing an
apartment, car, or even mortgage far
easier than it would be otherwise.
USING A CREDIT
CARD CAN BE
RISKY.

3. PAY YOUR
CREDIT CARD
BILLS ON TIME
Whenever you make a purchase
using your credit card it is
imperative to pay your bill off in
its entirety as soon as it arrives.
Paying off your credit card in full
each month is one of the quickest
ways to build your credit without
putting an overdue burden on
yourself.

4. MAINTAIN A
LOW CREDIT
CARD BALANCE
Maintaining a low credit card
balance minimizes the risk of you
being unable to pay your credit
card balance in full once your bill
arrives. The higher your credit
card balance becomes, the more
difficult it is likely to be to make
full payments if you are on a set
or limited income that does not
fluctuate.

5. USE A CREDIT
REPORT
MONITORING
SERVICE
Credit report monitoring services
provide you with a complete
overview of your credit reports as
well as your scores according to
the top credit reporting agencies
in the country. Using a credit
report monitoring service is a way
for you to ensure you are not
missing any payments and that
your credit score is exactly where
you expect it to be before making
any future financial decisions.

6. Taking the right steps to maintain a positive credit score is
extremely useful when you want to improve the quality of your
financial standing in the future. Whether you are currently in
debt or building your credit score from the ground up,
implementing the right tips along the way is essential to
guarantee success.

7. THANK YOU.
For more, please visit:
JBowmanAccountant.org