May 29, 2019
Curtis May discuss the Five key components to have a better credit score, he dives into this topic and also gives us a piece of advice using some examples to explain how to access to more credit. Stay tuned and learn these five key components!
Curtis’s motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com
Links and Resources from this Episode
- www.practicalwealthadvisors.com
- Email Curtis for a free report - curtmay@gmail.com
- Call his office - 610-622-3121
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Show Notes
- Credit and debt - 2:10
- An obligation on future earnings - 2:47
- Five components that make your credit score - 4:10
- Financial planning for families - 6:27
- You have to play defense first - 7:27
- Curtis shares an example to help us understand the credit score - 7:47
- Talking about good credit scores - 8:41
- Looking at your payment history - 9:56
- The importance of paying on time - 12:46
- What affects your score - 16:12
- The personal economic model - 18:07
- Managing your cash flow - 18:47
- What can you do to improve your score - 21:09
- Manage your cash flow and pay yourself on time - 24:24
- Take responsibility for your personal economy - 27:07
- Increasing your score - 29:18
- Pay your things on time - 30:20
- You have to learn how to manage debts - 31:00
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