Credit Score

What Credit Score Number Is Good – How Many Credit Cards Should You Have? Building an Excellent Credit Score

what-credit-score-number-is-good-how-many-credit-cards-should-you-have-building-an-excellent-credit-score

What Credit Score Number Is Good – 9 Tips For Picking The Right One

Credit Cards are great for building credit history and establishing a credit score especially as an immigrant in the U.S.A, but how many credit cards should you have? In my home country, getting a credit card was something I did not have to deal with but I was able to build my credit from nothing to an excellent score. Here’s how I did it.

The first step is to like this video if you haven’t. This greatly helps me a lot and I will appreciate it. Understand your financial situation before getting a credit card. Having access to the use of money is a privilege that most people abuse. This is not “free” money to be spent unwisely because when debt starts to pile up, it only gets harder to get out of overtime due to interest accrual.

Understand what Credit Card Utilization means which I have explained in this video. In summary, do not use up to 30 percent of the credit available to you unless you pay it off every month.

Use your credit card like a debit card, which I also explained in this video. Out of all the steps, the most important one is to avoid carrying any balance on any of your credit cards. Even if you have a million credit cards, having a lot of balances on your cards means you are not paying off your balances and that will hurt your credit score. Watch the video for details.

#creditscore #credit #card

What is the video about?
🚀Start investing using Robinhood and get a free stock using the link below http://join.robinhood.com/oluwolo4

🚀Start investing today with M1 Finance and get $10 for free to invest using the link below
https://m1.finance/20CgvuU2py2w

🚀Need great sound effects or music for your videos? Use this link and you could save money.
https://www.epidemicsound.com/referral/70en6x/

🚀Investing takes time and patience, but most importantly, it requires knowledge. So If you are new to investing, I recommend you start reading some of these books below.

Investing 101: From Stocks and Bonds to ETFs and IPOs, an Essential Primer on Building a Profitable Portfolio (Adams 101)
Link https://amzn.to/2X112B1

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)
Link https://amzn.to/2Uz3Fs4

The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Intelligent Buy & Hold Real Estate Investing!
Link https://amzn.to/3bBu2U2

🚀Thinking of starting a Youtube channel? The first advice I have for you is to start NOW! I kept procrastinating due to so many irrelevant reasons. So don’t listen to those voices telling you not to start. Get your phone and start recording. As you get a hang of things, you will need to step up and make some investments in your equipment. The ones I use are below.
Camera https://amzn.to/3clnGsi
Mic https://amzn.to/2KdRg6O
Mic cable. https://amzn.to/3evgknS
Mic Arm https://amzn.to/3ey6OQY
Condenser Mic https://amzn.to/2ROWxGd
Audio Int. https://amzn.to/3eGZEtQ
Lights https://amzn.to/2VkcpTt
Acoustics https://amzn.to/34Mf1fL

Disclaimer:
I am not a financial advisor, a tax advisor, or a CPA. The purpose of each video on my channel is to share my own opinion and for entertainment purposes. Do not take my words as fact so do your due diligence before investing.

Thanks for watching the What Credit Score Number Is Good video!

Watch the What Credit Score Number Is Good video on Youtube

17 Comments
Share