Your credit score is like a report card for how you handle money—especially when borrowing. It’s based on things like paying bills on time and how much you owe.

Budgeting is all about planning out spending and saving, and tracking it to see how you are doing. In a budget, typically spending and saving levels are managed relative to the income you have coming in. As you grow older, managing a budget can get more complicated as there are many things to consider.

Having regular conversations with your family about money can boost their comfort level with money matters.