We all remember our favorite Mom-isms, ranging from “if you keep making that face it’ll stick that way” to “this hurts me more than it hurts you.” However, some of those classic Mom-isms can be applied to good personal finance management. In honor of Mother’s Day and the Moms we love, here are the top 5 Mom-isms that also translate to important financial lessons.
"It’s clear that there’s been a shift at both ends of the score distribution. Many consumers have moved into the top tier of the FICO® Score range by redoubling their efforts to maintain an excellent credit profile. Others have fallen into lower tiers, most likely due to the financial stress felt by many households."
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.