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You need to have great credit to take advantage of today's lower interest rates. The following are some tips to boost your credit score.

Your credit score is incredibly important to your financial life. It determines whether you get loans, the interest rate you pay on those loans, and the terms you get for any borrowing. It can also determine whether or not you can get an apartment; it can help determine your insurance rates or premiums; employers can look at this also to determine whether or not to give you a job, or to promote you.

The Rule of 72 says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72. For example, if you want to know how long it will take to double your money at a 9 percent interest, divide 72 by 9 and get 8 years.

Make a vow to yourself to get more organized and spend the necessary time to stay organized. Also, track what you spend, and you may find a few surprises.

If you feel like you are stuck in a neverending cycle of not having enough money, falling further and further behind on your credit card and other bills, and just plain cannot seem to properly manage your finances, then these 2 suggestions might be your best answer...

One way to save money and reduce debt is to cut back on the use of your credit card(s) and make payments every other week, rather than every month.