Achieving and maintaining a good credit score is essential to maintaining your financial freedom. It allows you to get credit more easily and at more favorable rates. But many people are thwarted from doing this by all the myths and misconceptions that are out there about credit scores.
I talked about this in Episode 149, but in my research I found a dozen more that are out there spreading "fake news" about what can help or harm your score. So let's dispel them right now.
In this episode you will learn:
- 12 Credit Card Myths to Disbelieve
- The Truth Behind the Myths
- How to Spot a Credit Repair Scammer
- the Importance of Setting Short Term Financial goals
The news media has been talking a lot lately about inflation and the growing possibility of a recession. This has people worried about their short term financial plans, in dealing with inflation, and what a recession could do to their long term financial plans.
That's why in this episode of the podcast I wanted to talk about not only inflation (which I've addressed in previous episodes), but recession as well, and offer a few tips for preparing your finances. In this way I hope to reduce your stress by knowing that you are ready for whatever comes.
In this episode you will learn:
- How to Prepare for Possible Layoffs
- How to Take Advantage of Higher Interest Rates
- What Financial Advisors Are Telling People They Should Do
- Ways You Can Prepare for Recession Now