WHAT DO YOU RECOMMEND? Julia Grace, age 25, is a nurse practitioner with the local health department. She earns $65,000 per year, with about $9,000 of her income coming from overtime pay. Her disposable income is about $3,800 per month. Her employer provides a qualified tax-sheltered retirement plan to which Julia contributes 4 percent of her salary and for which she receives an additional 4 percent matching con- tribution from her employer. (She could contribute up to 8 percent with an equal employer match.) Julia has $29,000 in outstanding student loans on which she pays $328 per month over the next ten years, and her total credit card debt is $3,000 on which she has been paying $120 per month. Otherwise, she is debt free. Julia would like to purchase a new or late-model used car to replace the car she has been driving since her senior year in high school. She has $2,000 to use as a down payment. Barry Austin Photography/Getty Images WHAT DO YOU RECOMMEND NOW? Now that you have read this chapter on building and maintaining good credit, what would you recommend to Julia Grace regarding: 1. How might Julia go about establishing a debt limit? 2. What two or three things can she do help keep her student debt under control? 3. What can Julia do to build a good credit history? 4. Getting a free copy of her credit report? WHAT DO YOU RECOMMEND? Julia Grace, age 25, is a nurse practitioner with the local health department. She earns $65,000 per year, with about $9,000 of her income coming from overtime pay. Her disposable income is about $3,800 per month. Her employer provides a qualified tax-sheltered retirement plan to which Julia contributes 4 percent of her salary and for which she receives an additional 4 percent matching con- tribution from her employer. (She could contribute up to 8 percent with an equal employer match.) Julia has $29,000 in outstanding student loans on which she pays $328 per month over the next ten years, and her total credit card debt is $3,000 on which she has been paying $120 per month. Otherwise, she is debt free. Julia would like to purchase a new or late-model used car to replace the car she has been driving since her senior year in high school. She has $2,000 to use as a down payment. Barry Austin Photography/Getty Images WHAT DO YOU RECOMMEND NOW? Now that you have read this chapter on building and maintaining good credit, what would you recommend to Julia Grace regarding: 1. How might Julia go about establishing a debt limit? 2. What two or three things can she do help keep her student debt under control? 3. What can Julia do to build a good credit history? 4. Getting a free copy of her credit report