The One Thing Every Millennial Should Do if They Want to Own a Home (It Costs Nothing)
Owning a home is no small feat — especially after the financial apocalypse and dismal job market millennials have persevered through. Twice.
And yet, despite all odds, millennials are now the biggest group of homeowners in the United States, according to 2020 research by the National Association of Realtors.
How did they do it? Well, everyone follows a different path to homeownership — but there is one thing most home-owning millennials have in common: a good credit score.
Without a good credit score, getting approved for a mortgage is going to be tough. And getting a decent interest rate is going to be even harder — meaning a homeowner could be paying tens of thousands of dollars more for their home than someone with excellent credit. Yikes.
That unnecessary debt is avoidable, though, and it will cost you nothing to start improving your credit score.
In 90 seconds, you can sign up for a free Credit Sesame account and get personalized tips on how to improve your score. You’ll also be able to see any of your debt-carrying accounts, plus any marks or errors holding you back (it’s more common than you’d think).
7 Ways to Make Money if You Hate People
Do you avoid people too? In the past, there was almost no way around working with people if you wanted to earn a living, but things have changed.
Our team has compiled a list of creative ways you can fatten your bank account this month, without having to put up with people.
Enough small talk.
So for millennials ready to take the next big step in their life and stake a claim on a piece of property, make sure your credit is on track. Credit Sesame can help you bump it up — making homeownership more attainable.
Can you see a white picket fence in your near future? Then take 90 seconds to sign up for a free Credit Sesame account. The sooner you get started, the closer you’ll be to your goal of a good credit score — and homeownership.
Kari Faber is a staff writer at The Penny Hoarder. She’s a first-time millennial homeowner, somehow!
50 Effortless Methods to Boost Your Income Today in Fresno
If you needed extra money, like, yesterday, you’ve come to the right spot.
Our team has compiled a list of creative ways you can fatten your bank account this week. Certainly, there’s something here that fits your needs.
This is a long list, so don’t get overwhelmed. Go ahead and start now, but be sure to bookmark this post so you can easily return later. We’ll keep it updated as offers change or expire.
