How is the Sticky Note Budget different from Dave Ramsey's Financial Peace University?
The Sticky Note Budget is not based on religious teachings.
The Sticky Note Budget maintains that credit is very important in today's credit-based world. Improving and maintaining a good credit score is an important principle of taking care of your financial life.
The Sticky Note Budget utilizes a Credit Union account, so you can continue to use a debit card, Apple or Samsung pay, or use cash, whichever you prefer.
Why is having a good credit score so important?
The interest rate you are approved for is based SOLEY on your credit score. The lower the score, the higher the rate...on every loan you have. If your score is below a certain number, lenders may not work with you at all, forcing you to use predatory lenders.
When starting an account with companies, they will run your credit. They may base whether or not to charge you a deposit for equipment based on your credit score.
When you apply for an apartment, they will run your credit. Your credit score may decide if you have to pay a deposit and/or how much you pay for a deposit.
Some employers use credit scores and/or credit information as an indicator for hiring.
Find out the answers to your burning questions about the Sticky Note Budget. If you don't see your question,