Now, your budget and net worth might give you some insight, but I like to write down all my current debt separately. Not only the total amounts, but interest rates, amount of the minimum payments, loan length, etc.
With social media, trying to keep up with friends, and our consumer mentality, we fall into a trap of overspending on things we don’t really need to keep up appearances. It’s okay to live comfortably, but don’t live beyond your means.
If your score is really low, start work on improving this number. It can affect you getting future car loans, mortgages, apartments, and affects what kind of interest rate you might get.