With inflation at levels not seen in decades, parents are already anticipating that shopping for back-to-school supplies will cost more in 2022 than in previous years.
As with so many things in life, it pays to start early. As in, starting early in adulthood to build up a solid credit history so when it comes time to borrow for big-ticket items such as homes and automobiles, lenders will be more inclined to offer you low-interest rates so you can potentially save thousands over the course of a loan.
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