Why "No Credit, No Debt" is Usually Dumb Advice

Mar 12, 2024 · 10m 57s
Why "No Credit, No Debt" is Usually Dumb Advice
Chapters

01 · Intro

5s

02 · Crossroad

1m 12s

03 · What would you feel comfortable with?

2m 29s

04 · Are you leveraging your credit?

3m 42s

05 · How to know if you are proactive in managing debt

5m 30s

06 · What is your credit report saying about you?

6m 32s

07 · Should you run up a bunch of bills?

7m 44s

08 · National Credit Education Month

8m 47s

09 · A Common Myth

10m 29s

Description

Listen, don't get me wrong. If your goal is to be completely financially free, maybe living off of the grid or just so wealthy that you'll never work, volunteer, need...

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Listen, don't get me wrong.

If your goal is to be completely financially free, maybe living off of the grid or just so wealthy that you'll never work, volunteer, need a loan, co-sign for someone and you will be layered in assets galore, that is fine. Life isn't always about your assets. Sometimes you need to prove you are not bat crazy with your finances.
  • It is probably not happening tomorrow, though.

  • In that case, you might want to think about having good credit.

  • For good credit, you need to have some debt.

  • Managable debt. But why? 

This episode is all about that.

If you want to connect to some of my free resources, please head over to TheFinanceTherapist.com and if you just want to mingle, Instagram @TheFinanceTherapsitLLC 
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Information
Author Michele Paiva
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