Establishing a credit score is essential for financial independence and access to various financial products. However, if you're new to the credit world, you might wonder how to generate a credit score for the first time. Building credit from scratch requires careful planning and responsible financial habits. In this article, we will provide you with a comprehensive step-by-step guide on how to generate your credit score and lay a strong foundation for your financial future. 1. Get a Secured Credit Card A secured credit card is an excellent starting point for building credit. With a secured card, you deposit a certain amount as collateral, which becomes your credit limit. Use the card responsibly by making small purchases and paying off the balance in full each month. 2. Become an Authorized User Ask a family member or a close friend with a good credit history if you can become an authorized user of their credit card. Their positive credit behavior will reflect on your credit repor