2879: [Part 2] How to Rebuild your Credit (Using Credit Cards WISELY) by Ramit Sethi on Money Advice

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2879: Ramit Sethi shares actionable strategies to rebuild your credit, emphasizing the importance of negotiating a lower APR, maintaining long-term credit card accounts, and responsibly increasing your credit limit. He also provides guidance on selecting the right credit card, especially for those starting with bad credit or no credit history, to help you progress towards better financial health. Read along with the original article(s) here: https://www.iwillteachyoutoberich.com/blog/credit-cards-to-rebuild-credit/ Quotes to ponder: "To avoid having your account shut down, set up an automatic payment on any card that is not your primary card." "Lower is preferred because lenders don’t want you regularly spending all the money you have available through credit." "Fees are only going to slow you down at this stage." Episode references: I Will Teach You to Be Rich by Ramit Sethi: https://www.amazon.com/Will-Teach-You-Rich-Second/dp/1523505745 Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey through the world of personal finance. Each episode brings to life the most compelling and practical advice from leading financial bloggers and experts. Diania’s engaging narration and insightful commentary transform complex financial concepts into relatable, actionable insights. Whether it’s budgeting, investing, debt management, or money mindfulness, she covers it all, making financial wisdom accessible to everyone. Gain not just knowledge, but also the motivation to apply it in your daily life. It's not just a source of personal finance tips; it’s a daily companion that guides you towards financial independence and savvy money management, all delivered with Diania's trademark enthusiasm and expertise. By focusing on early retirement, financial independence, and saving money, each episode provides you with the tools needed to achieve your financial goals. This podcast is designed for those passionate about personal finance, early retirement, financial independence, and saving money. It’s your go-to source for practical advice on managing your finances, saving money, and working towards early retirement. Each episode offers actionable steps to foster financial independence and secure your financial future. Listen now, and become an OLD friend--your optimal life awaits...