It'’s Fiscal Responsibility Friday! Today, I wanted to share a website that has been wonderful in supporting my quest to be fiscally responsible.
J told me about Credit Karma after seeing a feature on MSNBC about the site. Credit Karma is a website where you can monitor your credit score. I usually check mine once every couple of months, but you can check it more frequently (once a month). Seeing my credit score is not the only benefit of this website. I also like seeing a summary of my/our credit cards and student loans. Even those credit cards that do not have a current balance are listed as long as they are still active accounts.
**On a side note, writing out my debt (credit cards, school and at that time, my car loan) was one of the scariest things I have ever done. Seeing all your burden written out is very sobering.
Back to Credit Karma, since facing my debts head on, I like having a way that I can monitor my progress. The graph that represents the movement of my credit score is incredibly encouraging. Watching the total debt amount reduce is also a great motivator.
Here is a picture of my actual Credit Karma page (with the numbers blurred out as I’m not THAT brave yet!)
Please note that I am not a financial professional and this post is merely to share my personal experience with Credit Karma. This is not a sponsored post. I am just a happy user of the site!
Thanks for the website recommendation. I'd seen a few commercials for CreditKarma but I was dubious. I feel so much better about putting in my info with a rec from someone I "know." Congrats on your project so far!
ReplyDeleteThis website seriously gave me so much more information and perspective. It gives the formulas to make sound decisions to improve a credit score. You can use any outlet to track your credit usage, but honestly I don't worry over that so much as the score itself!
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