Good Credit BAD Credit

On Thursday, October 2nd the business students had another meeting with the executive mentors. This meeting was about CREDIT! This was a much needed meeting for us. We really need to know how to manage credit cards and our money early. During the meeting we discussed what is GOOD credit and what is BAD credit. We also discussed how much easier and cheaper life is when you have GOOD credit. We learned with BAD credit all interest rates are substantially higher than those interest rates of those with GOOD credit. A helpful hint I learned: DO NOT SPEND MORE MONEY THAN WHAT YOU MAKE. I think that is an easy principle to grasp. My personal mentors discussed their experience with not knowing the rules of credit while they were in college. I also found an informative site that has tips for students about credit and money management. I think this meeting was very informative, fun, and most of all, HELPFUL!