(1) Establishing credit might feel overwhelming, but anyone can accomplish this goal by following a series of steps. (2) First, research why establishing credit is important. (3) Ask your family members or friends how their credit ratings have made an impact on everything from their interest rates on an auto or home loan, to getting a good job, to signing a lease on an apartment. (4) Now that you understand why credit is important, the second step is to open a savings account and a checking account in your name. (5) Your ability to withdraw, deposit, transfer, and save money shows you have financial responsibility, which is reflected in your credit report. (6) After establishing your bank accounts, the third step is to apply for a credit card. (7) Some department stores have coupons that allow you to save 20% on that day's purchases if you get one of their credit cards. (8) The final step is to use your credit cards and bank accounts wisely. (9) You will establish good credit only if you make your credit card payments on time and don't bounce checks. (10) If you do so, you will be on your way to having many