I agree with the sentiment, but this whole area is filled with a huge amount of misinformation, especially when it comes to what affects credit score. I've kno

I agree with the sentiment, but this whole area is filled with a huge amount of misinformation, especially when it comes to what affects credit score. I've known many people that believe constantly carrying a balance (percentage of max) on their credit cart improves their overall credit score which is a good thing, and that's wrong. It may improve credit utilization score but you are paying 30+% interest each month in fees which compounds against you. Reviewing finances only once a year won't provide enough time to correct course if there are important changes in trends, it needs to be done monthly or quarterly. I'd say the majority of investing advice out there is solid advice only some of the time often with circumstances that prove it to be bad advice some of the time. If you don't understand the fundamentals (which aren't taught in school) then you are more likely to lose money than anything else and have had your time you spent earning that money wasted.