Life On A Mission Podcast

EP18 – Cash vs Credit


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Life on a Mission Wednesday's with more of that free game listeners across the world are soaking up. 

ACTION ITEMS:

!!!!Build your credit score!!!

If you have a bad, low or fair credit score, you can see a lot of benefits to this score immediately by doing the following:

1. Pay what you owe: Work with a credit professional, do your research on how to deal with accounts in collections, whatever you need to do, you need to pay what you know you owe. Creditworthiness is built on this principal for most people in the world- will you pay your debts under the terms laid out before you? When I haven't done this, I became "delinquent" which was a "delinquent" attitude. As a responsible father, I pay my creditors on time, typically earlier and sometimes for more than what they anticipate. Take the weight of responsibility seriously when you're looking for OPM to finance your life.

2. Get a credit builder account: We strongly recommend secured credit cards such as Self and OpenSky to begin building your credit score with small amounts of money. 

3. Get a serious credit monitoring toolset: We strongly recommend myFico for this. Your credit should become part of your business and thus a business expense, a professional toolset is mandatory in my opinion. CreditKarma and the like are too limited.

Follow us on Instagram and Twitter @loampod for more information feel free to reach out below as well.

Steph: Instagram @misterbottles and Twitter @GEDSuccessStory

Fonz: Instagram @fonz_onamission27 and Twitter @onamission_27

DISCLAIMER Fonz & Steph are NOT certified financial advisors, nor lawyers, nor economists, nor CPA's. We are two certified IT professionals that take ownership of the task of being financially competent for ourselves and our last name. The contents on this podcast are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice

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Life On A Mission PodcastBy Fonz and Steph