Write something
Pinned
May 24 •
🚀 DAY 1: LET'S GET STARTED — FOLLOW THE ROADMAP!
Welcome to the Wealth & Credit Academy community! Today is all about getting organized and taking your first steps toward stronger credit and financial freedom. Success doesn't happen overnight — it happens by following the plan and taking action consistently. Your roadmap is designed to guide you step-by-step. Don't overthink it. Just start. 💪 🛣️ YOUR 10-STEP CREDIT & WEALTH ROADMAP (PS - Credit Repair 101 clients skip to #6) ✅ 1. Take the Credit & Wealth Assessment (located in the resources section in the classroom) Identify your biggest roadblocks and opportunities. ✅ 2. Message Coach Jake your results Send your results so we can help guide your next steps. ✅ 3. Check your 3 bureau reports w/ Smart Credit link below Review all three reports so you know exactly what's showing. ✅ 4. Highlight all negative items Mark collections, late payments, charge-offs, repos, evictions, and anything impacting your score. ✅ 5. Schedule your consultation (Send direct message to Jake to schedule) Let's build your game plan together. ✅ 6. Create your monthly budget A strong financial foundation starts with a clear budget. ✅ 7. Start the classroom trainings Begin learning the systems and strategies. ✅ 8. Add positive accounts to your credit (using classroom training) Start building stronger credit profiles. ✅ 9. Continue on the Financial Health classroom training Learn how to create long-term financial success. ✅ 10. Post your progress & results to the community Wins create momentum. Accountability creates results. 🔥 Today's Assignment: Complete Step 1 and Step 2, then comment DONE below once finished. New Mindset. Better Decisions. Stronger Future. 🚀 Links: Get your credit reports ($1 trail offer) (Find 3 B reports & scores - Orange button "switch to classic view") https://www.smartcredit.com/?PID=10456
1
0
12d •
💰 Want to Improve Your Credit Faster? Increase Your Income.
One of the fastest ways to make progress isn't just cutting expenses—it's earning more. Whether it's: ✅ Starting a side hustle ✅ Selling items you no longer use ✅ Freelancing a skill you already have ✅ Picking up overtime ✅ Or asking for a raise you've earned Even an extra $300–$500 per month can help you: • Pay down high-interest debt faster • Lower your credit utilization • Build an emergency fund • Improve your overall financial health Remember: You can only cut your expenses so much, but your income has unlimited potential. Question: If you had an extra $500 every month, would you use it to pay off debt, build savings, or invest in your future? Let us know below! 👇
1
0
19d •
💳 Credit Cards: Friend or Foe? It Depends on How You Use Them.
A credit card isn't "bad"—it's simply a financial tool. Used correctly, it can help you build excellent credit. Used carelessly, it can quickly damage your score. Here are the basics every credit builder should know: ✅ Keep Your Utilization Low Your credit utilization is the percentage of your available credit that you're using. Example: - Credit Limit: $1,000 - Balance: $200 - Utilization: 20% Aim to keep your utilization below 30%, and for the best credit scores, try to stay under 10% when your statement closes. ⏰ Always Pay On Time Payment history is the biggest factor in your credit score. Even one late payment can have a negative impact and remain on your credit report for years. Set up automatic payments or reminders so you never miss a due date. 💰 Pay More Than the Minimum Making only the minimum payment keeps your account in good standing, but you'll pay much more in interest over time. Paying your balance in full whenever possible is the best strategy. 🚫 Don't Close Old Credit Cards The age of your credit accounts matters. If an older card has no annual fee, keeping it open can help strengthen your credit history and improve your overall utilization. 📈 Ask for Credit Limit Increases If you've been making on-time payments and using your card responsibly, requesting a credit limit increase can lower your utilization ratio—as long as you don't increase your spending. 🎯 The Bottom Line The goal isn't to avoid credit cards—it's to use them responsibly. Build these habits: - ✔️ Pay on time every month - ✔️ Keep balances low - ✔️ Avoid maxing out your cards - ✔️ Monitor your spending - ✔️ Use credit intentionally, not emotionally How many credit cards do you currently have, and what's been your biggest challenge with using them responsibly?
1
0
Jul 6 •
Wealth Starts With Three Habits
Most people think building wealth starts with making more money. It doesn't. It starts with managing the money you already have. 1. Build Strong Credit Your credit score affects much more than loan approvals. It can impact: - Interest rates - Car financing - Mortgage approval - Apartment applications - Insurance rates - Some employment opportunities A strong credit profile can save you thousands of dollars over your lifetime. 2. Create a Budget A budget isn't about restricting yourself—it's about giving every dollar a purpose. Try using a simple plan: - 🏠 50% for needs (housing, food, transportation) - 🎉 30% for wants - 💰 20% for savings, investing, and paying down debt Even if you can't hit these percentages exactly, tracking where your money goes is the first step toward financial freedom. 3. Build Healthy Financial Habits Small decisions repeated consistently create long-term wealth. Focus on: - Paying every bill on time. - Keeping credit card balances low. - Building an emergency fund. - Avoiding unnecessary debt. - Investing consistently—even small amounts add up over time. Remember: Financial success isn't about being perfect. It's about making better decisions month after month.
0
0
Jul 2 •
💳 The Biggest Credit Myth That Keeps People Stuck
One of the biggest misconceptions about credit is that paying off a collection automatically removes it from your credit report. Unfortunately, that's usually not true. When you pay a collection, it may simply update to "Paid Collection" instead of disappearing. While paying it can sometimes help lenders view your report more favorably, the account can still remain on your credit report for up to 7 years from the original delinquency date. Here's what you should do before paying a collection: ✅ Verify the debt is accurate. (DISPUTE THEM) ✅ Check the date of first delinquency. ✅ Find out who currently owns the debt. ✅ See if a Pay-for-Delete agreement is available. ✅ Understand how paying it may affect your overall credit goals. Every credit report is different. The right strategy for one person may not be the best strategy for another. Have you ever paid off a collection and expected it to disappear? Share your experience below—I’d love to hear what happened.
0
0
1-30 of 30
powered by
skool.com/fresh-start-2669
Want a 700+ credit score? Join our community for credit repair, rebuilding, money strategies, and step-by-step tools to build wealth.
Suggested communities
Powered by