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Optimal Finance Daily - Financial Independence and Money Advice

1582: Should I Have Closed My Credit Cards by Sam of Financial Samurai on The Impacts On Your Credit Score

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 9 July 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

Sam of Financial Samurai reflects on whether or not he should have closed his credit cards for the better of his credit score. Episode 1582: Should I Have Closed My Credit Cards by Sam of Financial Samurai on The Impacts On Your Credit Score Sam Dogen's net worth took a beating in 2009 as the world was falling apart. He thought it would be a good idea to start a personal finance site to help himself and others make sense of chaos. After all, he had spent 10 years working in the finance industry, got his MBA from Cal, invested and saved aggressively, and still got financially rocked! Since then, more than 20 million visitors have stopped by FinancialSamurai.com. The original post is located here: https://www.financialsamurai.com/should-i-close-out-my-credit-cards/ Get 1 free year and save 10% on your purchase on Fiverr Business. Just go to Fiverr.com/business and use promo code OFD Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Kraken.

0:03.0

Crypto is like finance, but different.

0:06.0

It doesn't care when you invest, trade or save.

0:09.0

Do it on weekends or at 5 a.m.

0:12.0

Or on Christmas Day at 5 a.m.

0:14.0

Crypto is finance for everyone, everywhere, all the time.

0:19.0

Visit Kraken.com slash see what crypto can be to learn more.

0:23.0

Don't invest unless you're prepared to lose all the money you invest.

0:26.0

This is a high risk investment and you should not expect to be protected if something goes wrong.

0:31.0

Hi, I'm Danny Dyer and welcome to What's That Smell?

0:36.0

Smell with a hint of burgers.

0:39.0

It's my barbecue apron.

0:41.0

Luckily, I can make this smell like freshly picked lilies.

0:44.0

Just pop it in the washing machine, add some surf tropical lily laundry detergent and...

0:49.0

Oh, my fave.

0:51.0

It smells like my dream holiday.

0:53.0

Get long-lasting fragrance with natural essential oils with surf laundry detergent.

0:58.0

You can make anything puff of surf.

1:00.0

This is Optimal Finance Daily, episode 1582.

1:04.0

Should I have closed my credit cards?

1:06.0

By Sam of financialsamurai.com.

1:09.0

And I'm your host and personal finance enthusiast, Diana Mariam.

...

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