The FICO score was invented to help determine one’s credit worthiness. However, somehow over the years it has morphed into something even bigger where we judge people based on whether or not they have a good credit score. The following clip illustrates this concept: (first 49 seconds)
Whether or not you need a high credit score depends on whether or not you are going to be borrowing money in the future. But please do not let your credit score define who you are as a person. There are plenty of good people that I know who have low and high scores. Likewise, there are a ton of jerks that have low and high scores. Whatever you do, do not borrow money and take out more debt simply to increase your credit score. People might be impressed when you say you have a 800 FICO score, but doing whatever it takes to raise your score will cause you financial harm down the road.
There are plenty of good ways to define who I am as a person. My faith, family, and the relationships I have are among the most important. But my FICO score is not one of them.
Have you gotten caught up before in being defined by your FICO score? If so, how did you change your mindset?