As a young adult, you may visit many websites, but none may be more important than ScoreSense. When out on their own for the first time, many twenty-somethings get in over their head with credit. Becoming a ScoreSense member can help.,. Even with the help of a credit monitoring service like, though, there are a few things that are important for people in their twenties to know about finances.

  • A budget is the key to financial management. Know how much money is coming in, and how much needs to go out. Make a strict plan for your budget, preferably before you’re out on your own. Avoid impulse purchases, because they can drain money from your account much more quickly than you’d expect. In fact, if you stumble upon something you really want, leave it, and go back another day. Putting some space between you and the urge to spend can give you time to rethink spending your hard-earned cash.
  • Use your electronic know-how to benefit your budget. Gen Y is tech savvy, and there are plenty of apps for managing your funds. Many banks offer mobile banking services, and there are programs for all your financial management needs, from tracking your spending to planning your investments. The Internet can be helpful in managing your money, too, not least because it’s easy to go online and check your credit report. If you’d like to get more than just a credit report from ScoreSense, contact us to find out all we can do for you.
  • Focus on paying debt. Student loans, credit cards, car payments, mortgages all should be paid in timely fashion to ensure a positive impact on your credit reports.
  • Save, save, save! Even if you can only sock away pennies at a time, it’s important to get in the habit of saving money. If your employer will oblige you, it’s a great idea to have some of your pay direct deposited into savings each month. It’s not too early to think about retirement, either. Beginning to build a retirement fund in your twenties will help ensure a more comfortable future.
  • Build your credit. While it’s not a good idea to run up excessive credit card debt, it is a good idea to open a few lines of credit. By using them sparingly, making payments on time, and paying the balance in full whenever possible, you’ll build a credit history that will make it easier when it comes time to buy a home or car.
  • Keep an eye on your finances. A recent Western Union survey indicated that 44 percent of Americans between the ages of 18 and 34 have never seen their credit score, even though you’re entitled to check their credit score with all three bureaus for free once each year. This is when a company like can be an invaluable resource. It’s easy enough to check your own bank balance and order a free credit report, but it’s also easy to forget to do so. When you become an member, you not only get a credit report, but also an additional level of protection. helps monitor your accounts and lets you know when suspicious activity occurs, so you can avoid credit disasters and identity theft.

At, we’re committed to helping members take control of their finances. From the initial ScoreSense credit report, to the monitoring of your accounts, to the protection of your identity, ScoreSense helps you keep an eye on every facet of your financial life. If any of these tips were helpful to you, or if you just need more information, visit our website at or follow us on Facebook, Twitter, and YouTube.

Posted by:ScoreSense

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