11. Pay Your Bills On Time
This one sounds obvious, and it is. Ideally, you should be able to pay your bills as soon as they arrive. However, even if you cannot pay the electricity bill or car payment as soon as the bill arrives, whatever you do, do not become neglectful and forget to pay it. One late payment can knock down your credit score noticeably and prevent you from escaping the middle class.
Additionally, not paying your bills on time can cause you to incur interest and late fees that you did not plan for in your budget. And if you don’t pay them by the time the next cycle comes around, they could go into collections and cripple your credit score for years.