4.2 • 917 Ratings
🗓️ 14 February 2020
⏱️ 17 minutes
🧾️ Download transcript
In this episode, we look at a basic process for improving your credit.
Resources:
https://www.moneyunder30.com/how-credit-works
https://www.credit.com/credit-reports/how-credit-works/
Click on a timestamp to play from that location
0:00.0 | In this episode, we talk about how to build your credit score. |
0:04.8 | Get excited because this is tiny leaps. |
0:09.8 | Big Chig Chig. Big Change. big changes where I share simple strategies you can use to get more out of your life. |
0:26.0 | My name is Greg Klunis and in this episode we're talking about credit. |
0:31.0 | We want to talk about how to improve our credit score, how to build our credit and how to keep a strong credit score. |
0:38.0 | Now, we're going to be revisiting this topic over time because there is so much to it. |
0:44.0 | There are entire books and research articles and there's so much in the world of credit, |
0:49.6 | especially here in the United States. |
0:51.6 | It's kind of an insane world. It's truly an insane topic when you really think about it. But we're going to revisit that. In today's episode, we're just looking at four very simple steps to build that credit from wherever you are |
1:08.0 | towards where you want to be. Now, I can't promise that you'll get there that has everything to do with effort |
1:13.8 | and less to do with strategy but I can't promise that if you do these things you |
1:17.9 | will move forward on it. So the first step on this, the first thing, and I know this is gonna sound like fluffy, but I say it all the time. |
1:30.0 | You cannot, you cannot make progress on something if you don't understand why, right? |
1:37.6 | If you don't understand why it's important, why you need to make progress on it. |
1:42.1 | So that's the first step here. |
1:43.3 | You have to first understand why your credit is so important. |
1:47.4 | Now, the reason I'm emphasizing this so much, |
1:50.1 | the reason I put it at number one |
1:51.3 | is because this was my problem for a long time, right? |
1:54.7 | I always, I grew up with this idea, being an immigrant here, moving to this country. |
2:00.0 | There is this idea of like the American dream right of coming here working hard making it big |
2:05.2 | getting rich like all of that stuff right I grew up with that in mind and by the way I |
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