Everyone loves finding new ways to save money. Some people obsess over cutting the little things from their daily routine, like lunches out with friends and $4 lattes. And while there's nothing wrong with frugality, the truth is a lot of people tend to overlook other areas in their life that could save them much more in the grand scheme of things.
Take credit scores for instance. A little dedication and financial responsibility will go a long way in improving your FICO scores. Then, when you're ready to purchase your next home or car, the savings can be absolutely astounding.
In fact, when compared to a peer with bad credit, someone with a good credit score will likely spend thousands of dollars less in interest on a vehicle financed over just 5 years. A home purchase, financed over 30 years, could even net savings in the hundreds of thousands depending upon the size of the loan. It would take a lot of skipped lattes to beat those savings!
