63. Your Credit Reputation
Episode description
What would you do to protect your reputation? Whether we know it or not, our credit is our reputation in the marketplace. It goes before us in many instances and permits others to make assumptions about who we are, the content of our character, how we manage our money, and what we're capable of.
It’s important to protect our reputation, and this week’s episode of The Abundant Living Podcast covers how you can safeguard your reputation while building or rebuilding your credit.
Let’s Embrace Abundant Living:
2:07: Protect Your Reputation
8:25: Credit Can Be An Asset
11:00: Define Your Credit Reputation
13:40: The 5 C’s of Credit
17:45: Common Credit Mistakes
30:40: Best Practices To Build Your Credit
Your Credit Reputation Takeaways- “Your credit is basically your reputation.” - Weslia Echols
- “Your credit reputation goes before you, on your behalf.” - Weslia Williams
- “Access to credit really does matter.” - Willa Williams.
- “Credit can be an asset .” - Weslia Echols
- “The two biggest things that affect your credit score are your payment history and your balance or the amounts owed.” - Weslia Echols
- “The higher your credit score, the greater your expectations.” - Willa Williams
- “The most important thing you can do is keep your balances low and pay on time.” - Weslia Echols & Willa Williams
- “Credit is not free money.” - Willa Williams
- “Personal finance is personal.” - Weslia Echols
- “You can have life after debt.” - Weslia Echols
This episode is brought to you by our Value-Based Budgeting Course. Learn how to create a guilt-free budget to live your best life. If you feel guilty spending money on the things you want, or you don’t have a budget at all, and you’re tired of losing money. Don’t continue in your frustration, and take control by setting intentions with your money! To enroll and learn more about a value-based budget, visit: https://www.mytfcoach.com/valuebasedbudget.
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