Ep 28. Credit Scores & Financial Literacy: The Money Skills They Should Have Taught Us

In this episode of B-Rich Family Chronicles, we unpack the world of credit scores, credit reports, and the fine print that keeps people in debt. Money mistakes are costly—but most of us were never taught how to avoid them.We talk credit cards vs. charge cards, payday loans, bankruptcies, and debt consolidation programs. Remember layaway? We cover that too. You’ll learn how interest works, why billing cycles matter, and how lenders profit when you only pay the minimum. We also explore how your debt-to-income ratio, spending habits, and lack of financial education impact your credit. From investing basics to saving strategies, this conversation is a must-listen for anyone who wants to take control of their financial future.💬 Do you know what FICO stands for?Connect with us on:📲 Instagram: @brichfamilychronicles~ Facebook: B-Rich Family Chronicles ~ TikTok: @brich.family~ X (formally Twitter): @BRichFamily 💌: [email protected]