In this eye-opening episode of Earn Your Leisure, we had the pleasure of interviewing Shonda Martin, an expert in personal and business credit. Shonda delves into the intricacies of building a robust credit profile, sharing invaluable advice and strategies that go beyond just the numbers. Tune in as we cover essential topics including:
- The significant role of personal credit in business credit development. - Effective ways to handle late payments on your credit report. - Why a healthy credit profile matters more than your credit score. - Achieving financial flexibility with a 680 credit score. - The risks of co-signing and how it affects your credit. - Regularly boosting your credit limit for financial health. - The impact of student loans on your credit score. - Understanding the true nature of credit card usage. - Strategic payments to enhance your credit score. - How high credit card balances can lower your score. - The right time to start building your child's credit. - Common parental mistakes in managing their child's credit. - Knowing when and why to close a credit card. - The optimal age for adding your child to your credit card. - Steps to building a strong credit profile. - Key FICO scores to be aware of. - Solutions for managing credit card debt.
Don't miss out on these crucial insights that could transform your financial journey. Whether you're repairing, building, or maintaining your credit, Shonda's advice is a game-changer.
0:00 Intro 6:35 Fixing the Current Narrative Surrounding Africa 14:19 Biggest Business Losers of 2023 22:35 Alaska Airlines Door Fiasco 27:10 Should we be Concerned for Tesla and Elon Musk? 30:42 Apple Stock Discussion - Have They Failed to innovate? 38:20 Must Read Books For 2024 41:49 Stock Market Growth Predictions 44:42 Is AI Overhyped? 47:30 Bitcoin Discussion & Future Of Crypto 53:00 Best Breakthrough Product of 2023 54:05 Ticker Chart Reviews 1:08:13 You Won't Feel Secure Until you Have 600k Saved 1:15:22 Should you Put Majority of Your Net Worth into the Significant 7? 1:17:09 Will MicroCaps Shine this Year? 1:24:20 What Made Ian Invest in ELF 1:27:29 What to Invest In If You Have 20k 1:31:59 Microsoft or Apple? 1:34:27 What Ian Was Most Wrong About Last Year 1:37:44 Takeaways from Katt Williams Interview 1:53:01 Biggest Threat for 2024 1:56:33 Outro
