602: Ask Farnoosh, Any suggestions for a family buying their first home with bad credit?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 2K Ratings

🗓️ 21 July 2017

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

A family member wants to buy their first home but they have bad credit... any suggestions? I'm paying off my credit card three to 5 times a month in order to keep my utilization at 30%.... am I doing this right to help improve my credit? How do I approach someone I don't work directly with to be my mentor? Answering these questions of yours and more on this week's Ask Farnoosh with special co-host Leah Gervais, founder of Urban 20 Something blog.

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Transcript

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0:00.0	So Money episode 602, Ask Farnush with special co-host, Leah Jervay.
0:07.6	You're listening to So Money,
0:09.2	with award-winning Money Guru Farnush Karabi.
0:12.1	Each day, get a 30 minute dose of financial
0:14.6	inspiration from the world's top business minds, authors, influencers, and from
0:19.4	Farnuus yourself. Looking for ways to save on gas or double your double coupons sorry you're in
0:26.3	the wrong place seeking profound ways to live a richer happier life welcome
0:31.1	to so Money.
0:36.0	You're listening to So Money, everyone. Welcome to the show.
0:37.0	Happy Friday.
0:38.0	It is Friday July 21st.
0:42.0	Summer is here, ladies and gentlemen, I hope you're having a good one. I'm looking forward to
0:46.5	a vacay next week, starting on the 28th, all the way through August 11th. It's the longest vacation I'm taken since my honeymoon.
0:56.0	Yes, it's time. I need to take a break. I now have two children ages three and four months so very much looking forward to that.
1:07.3	It's been a while since I've really caught up with some of you.
1:11.0	I know that it's been a month since I've really sent an email out. It's been pretty
1:16.7	nuts in the Farnish-Torabi-Dusinger household. Some exciting events happened. I got to see Hamilton. I went and met Sophia Amaroso who's the
1:27.2	founder of Girl Boss. We did an event with her and Mint. My son turned three. I saw the new kids on the block. Remember the new kids?
1:35.0	On the block? Well they're a little older now, but they still are hanging tough.
1:40.0	And a few girlfriends and I went and saw them when they came to Brooklyn back in June.
1:45.0	Also in June I met Depak-Topra for the first time ever.
1:49.8	Pretty incredible.
	...

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