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Economic Development

Did You Know? Your credit score is determined by 5 key factors, each playing a vital role in shaping your financial health! 


Here's the breakdown:

  • 35%: Payment History – Are you paying on time?

  • 30%: Amounts Owed (Credit Utilization) – Keeping balances low is key!

  • 15%: Type of Credit (Credit Mix) – A mix of loans and cards helps!

  • 10%: Credit History Length – The longer, the better!

  • 10%: New Credit – Be cautious with new credit applications.

 

Curious about improving your credit score or decoding what it means? Check out this video and take the next step toward financial empowerment! 

 

#CreditScore #FinancialTips #MoneyMatters #CreditHealth #BudgetingTips #GenerationalWealthNotGenerationalDebt #SCACDST1989

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Power of the Purse

Power of the Purse

Suffolk County Alumnae Chapter of Delta Sigma Theta Sorority Incorporated is proud to share a list of some local Black-owned businesses that deserve our support and recognition. From protecting your mental health to delicious cuisine, there are so many wonderful establishments to choose from.

Let's make a conscious effort to show our support for these entrepreneurs and help them thrive.  By patronizing these businesses, we are not only investing in their success but also in the economic empowerment of the Black community as a whole. 

Remember, every dollar we spend is a vote for the kind of world we want to live in. Let's make sure our dollars are supporting diversity, equality, and inclusion.  Together, we can make a difference.

#dst1913 #dstscac1989 #elevatingthecommunity #PowerofthePurse #BlackOwnedBusinesses #SupportBlackBusiness #BuyBlack #CommunitySupport #DiversityandInclusion #EconomicDevelopmentCommittee

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