Your credit score is a number, usually between 300 and 850, calculated based on your credit report. Your credit score is used by creditors to determine your credit worthiness, the amount of credit they would qualify you for, and the interest rate. The higher your credit score, the better is your credit rating. One common score that most lenders use is the FICO score. For a fee, you can get your FICO score at www.myfico.com.

• Who Uses Credit Scores: Credit scores are used by money lenders, banks, credit card companies, mortgage companies, creditors, landlords, insurance companies, utility companies, and many employers to evaluate your credit worthiness.
  
• How Often Can My Credit Score Change? Credit score is computed based on the data supplied by information providers such as creditors, merchants, banks, credit card companies, landlords, etc. As a result, your credit scores can change from day to day.
  

In order for us to reach our financial goals in a timely manner, we need a well-thoughtout plan that covers all aspects of wealth generation, and money management. To achieve financial freedom, not only must we be prepared to expend the elbow-grease needed for reaching those goals, we also need a carefully crafted gameplan -a detailed roadmap to our personal financial security.

Depending upon individual (short-term, long-term, or life-long) financial goals, life circumstances, and various socio-economic factors, one person's financial needs and individual fiscal goals may be remarkedly different than those of others. Achieving financial success, nonetheless, almost always requires well-disciplined approach to all facets of personal money management.