The basic principles of building business credit are similar to those for building personal credit: Make your business’s loan and credit card payments on time, keep your credit utilization low, and avoid collections. But your business credit score is marked on a different scale than your personal credit score, and it’s monitored by different credit bureaus as well.
Lab-grown diamonds are far less expensive than their mined antecedents, and they’re a great option for those who want a heart-stopping piece of jewelry without a heart-stopping price tag. But mined diamonds may still be attractive to traditionalists who prefer natural gemstones, and who have fewer financial concerns.
Financial literacy is the ability to manage money in a way that encourages financial health. Mastery of budgeting, saving, debt, and investing make up financial literacy’s key components, and these core topics should be part of any comprehensive education.