Finance & Flow: Mastering Money Moves
Empowering Millenials to Groove Through Finance
About this podcast:
I want to develop a solid understanding of personal finances tailored to my needs as a millennial, so I can achieve financial freedom and pursue my passions.
#3 - Boost Your Credit Score: Essential Strategies
In this episode, we dive into the world of credit scores, breaking down what they are and why they matter. Listeners will gain practical tips on how to improve their scores, including the importance of timely payments, credit utilization, and the impact of credit inquiries. Join us as we empower …
This episode is based on the following sources:
YouTube Videos (5)
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HOW TO INCREASE YOUR CREDIT SCORE WHILE SAVING MONEY 💰🤑🤑🤑Found by Brian Ellis
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How To Boost Your Credit Score FAST: 5 Proven Strategies Revealed with Shonda MartinFound by Brian Ellis
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Tips To Higher Your Credit Score 💳Found by Brian Ellis
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How To Improve Your Credit Score Without DebtFound by Brian Ellis
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How to RAISE Your Credit Score Quickly (Guaranteed!)Found by Brian Ellis
Reddit Discussions (3)
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I have paid every single debt off, but why my credit isn't improving?Found by Julia Finn
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MBA student, credit score dropped 100 points in 6 months due to 'too many new accounts' but they are all student loans. Graduating next year and will need significantly better score to rent a place, etc. How to improve?Found by Julia Finn
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Credit score up, car insurance cost downFound by Julia Finn
Articles & Blog Posts (1)
YouTube Videos
HOW TO INCREASE YOUR CREDIT SCORE WHILE SAVING MONEY 💰🤑🤑🤑
The video promises strategies to increase your credit score while being financially savvy, promoting money management skills.
How To Boost Your Credit Score FAST: 5 Proven Strategies Revealed with Shonda Martin
Though the transcript is inaccessible, this video likely outlines practical steps to quickly enhance your credit score, possibly with insight from finance expert Shonda Martin.
Tips To Higher Your Credit Score 💳
The video shares straightforward tips for improving your credit score, likely featuring personal stories and actionable advice.
How To Improve Your Credit Score Without Debt
This video demonstrates ways to improve your credit score without incurring additional debt, aligning with sound financial principles.
How to RAISE Your Credit Score Quickly (Guaranteed!)
While the transcript could not be retrieved, this video likely provides expert advice on rapidly increasing your credit score based on the promising title.
Reddit Discussions
I have paid every single debt off, but why my credit isn't improving?
Discussion in r/personalfinance
Community voices:
""Don’t 'pay down' the balance each month. Fully 'pay off' the balance each month. It is more important to stop losing money to credit card interest.""
It provides clear, actionable financial strategy, stressing financial discipline and its effect on credit health.
""Keeping the 0 balance cards open is fine and beneficial to you if they do not have monthly/annual fees to maintain the account. Higher amount of available credit is good for the calculations.""
This is actionable advice that listeners can implement immediately, showing how seemingly counterintuitive actions can affect credit scores positively.
MBA student, credit score dropped 100 points in 6 months due to 'too many new accounts' but they are all student loans. Graduating next year and will need significantly better score to rent a place, etc. How to improve?
Discussion in r/personalfinance
Community voices:
""600 credit score will not stop you from getting an apartment unless you have evictions or accounts in collections or are looking at an ultra-exclusive complex.""
By addressing misconceptions, this quote can empower listeners with a more realistic view of what their credit scores mean in different financial contexts.
""Wait it out. Your score will improve as time passes. Nothing to worry about.""
This provides a calming perspective for listeners who might worry about short-term fluctuations, underscoring the importance of long-term planning in credit management.
Credit score up, car insurance cost down
Discussion in r/personalfinance
Community voices:
""I got a bit of pushback so don’t let them talk to you out of it. At one point the agent said 'hmm, I’ll have to figure out how to re-rate you on credit score and not insurance score, this will take me a minute.'""
It emphasizes the broader impact of credit scores on financial products and personal costs, encouraging listeners to take control.
Articles & Blog Posts
How to Improve Your Credit Score Fast
The article outlines seven essential steps to improve one's credit score, including making timely payments and managing credit utilization.
Key insights:
""Your debt payment history accounts for 35% of your FICO® Score.""
Reinforces the critical role of consistent payment behavior.
""Payment history includes on-time, late, and missed payments, all of which are reported to one or more of the national consumer credit bureaus.""
Highlights the weight of payment history in credit scoring, a key point for podcast discussions.