From the course: Personal Finance Tips and Tricks

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Take control of your financial data

Take control of your financial data

From the course: Personal Finance Tips and Tricks

Take control of your financial data

- If you don't know where you are, how can you determine where you're going? It's a thought that applies brilliantly to your financial life. Whether you like it or not, there's a lot of data out in the world about you and your financial life, banks, credit agencies, companies, even your trusty apps know more about you than what you might think. It's important for you to know what they know for a few reasons, specifically accuracy, privacy, and planning. The first thing to focus on with your financial data is accuracy. I was recently turned down for a store credit card and after digging in with the credit agency, found that they said I hadn't been at my current address for long enough, but I've lived in the same place for 12 years. It turns out the credit agency had the wrong address for me. Getting turned down for a loan or credit card because of a clerical error hit my credit score. Taking action in this case was essential. A few phone calls later, it was resolved. Make sure you…

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