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Going to college
Credit Action: Open a secured credit card and pay my bills on time. -
On-campus job
Credit Action: I will set up a direct deposit so that a percentage of my paychecks will automatically be set aside. This way, I will have money set aside to start paying back my student loans once I graduate. -
Traveling home from college a few times each semester
Credit action: I will keep track of my spending so that I am sure to keep the balance that I owe on my credit card under 30% of my credit limit. -
I will be attending graduate school to study biotechnology
Credit Action: I will not apply for store “teaser” cards so that I can prevent additional loans -
Taking Public Transportation
Credit Action: I will make additional loan payments for my student loans since I will not have to worry about car loan payments yet. -
I will be working a part time job when I am not taking classes
Credit Action: I will use the money I am making to pay more than the minimum payments each month. -
Working steady job as biotechnician in a lab in Boston
I will set-up auto bill pay so that I can be sure to never miss credit payments. -
Living in Boston in an apartment with a roommate.
Credit Action: I will be renting an apartment and splitting the cost with a roommate. -
Travel throughout many countries
Credit action: I will chose a credit card that offers travel rewards for hotels and air fare. I will also be sure to keep any unused cards open so that I can continue to improve my credit history. -
I will be living in a suburban house
Credit action: I will have taken out a mortgage loan for my house. -
I will have bought a car to commute to work and drive my family around.
Credit action: I will have taken out a car payment loan. -
I will still be working a stead job as a biotechnician for a company in Boston.
Credit action: I will review my credit card statement often to be sure that I am always aware of changes in APR and the grace period.