How I would Invest Large Sums of Cash - Money Q&A
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Explore "creditscore" with insightful episodes like "How I would Invest Large Sums of Cash - Money Q&A", "Over $100k in a single weekend?! Southern Charm’s Leva Bonaparte dives into the BTS of entrepreneurial side of restaurants and bars, reality TV, and fighting for what is important", "Best of Money Clinic: How can I improve my credit score?", "I Have Too Many Financial Goals How do I Prioritize Them?! - Money Q&A" and "37-Year-Old Has The Most Insane High Interest Debt Ever" from podcasts like ""The Personal Finance Podcast", "Trading Secrets", "Money Clinic with Claer Barrett", "The Personal Finance Podcast" and "Financial Audit with Caleb Hammer"" and more!
Most people know that you need a good credit score to be able to borrow money, but how to start building one is a mystery. First aired in June 2022, in this episode of Money Clinic, host and FT consumer editor Claer Barrett sits down with listener Emma, 22, who has never been in debt before, aside from her student loans. Emma has heard that getting a credit card could increase her chances of taking out a mortgage in the future, but before she applies for one, what does she need to consider? In this episode, Claer gives Emma’s credit score an MOT with help from Katie Watts, a consumer expert at moneysavingexpert.com, and debt adviser Sara Williams, who runs the Debt Camel blog. Together, they explain the hidden world of credit scores, credit files and tips on how to use credit responsibly, as well as offer tips on how to improve your credit score — and why this might be worth doing.
For more tips on how to organise your money, sign up to Claer's email series 'Sort Your Financial Life Out With Claer Barrett' at FT.com/moneycourse
If you would like to be a guest on a future episode of Money Clinic, email us at money@ft.com or send Claer a DM on social media — she’s @ClaerB on Twitter, Instagram and TikTok.
Want more?
Check out Claer’s column, A dating app with credit scores: what’s not to love?
Listen to more episodes, such as Credit scores: when a small debt becomes a big problem, Should I pay off my student loan early?, and more.
Presented by Claer Barrett. Produced by Tamara Kormornick and Persis Love. Our executive producer is Manuela Saragosa. Sound design by Breen Turner, with original music from Metaphor Music. Cheryl Brumley is the FT’s global head of audio.
Hosted on Acast. See acast.com/privacy for more information.
Check out these fun things:
Patreon: https://www.patreon.com/calebhammer
My socials: https://linktr.ee/calebhammer
Do you want to be in a Financial Audit and you're in the Austin area? Email castingcalebhammer@gmail.com
Sponsorship and business inquiries: calebhammer@creatorsagency.co
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Timestamps: 00:00 Job and income 03:14 HOW did we get here? 06:19 You're debt is off the chain my dude 08:28 Your spending too 17:35 SOFI 20:12 Your whole life is spending 25:05 So this is where it goes 31:23 You need to BUDGET 38:22 Buddy let's fix you up 46:29 AURA 44:42 It's looking dire 52:09 Thanks, now F off! 55:43 Hammer Financial Score
--- Support this podcast: https://podcasters.spotify.com/pod/show/calebhammer/supportCheck out these fun things:
Patreon: https://www.patreon.com/calebhammer
My socials: https://linktr.ee/calebhammer
Do you want to be in a Financial Audit and you're in the Austin area? Email castingcalebhammer@gmail.com
Sponsorship and business inquiries: calebhammer@creatorsagency.co
_______________________
Timestamps: 00:00 Job and Income 05:20 Aura Health 11:48 Classic paypal checking account 16:06 Oh thank goodness 20:04 Stop touching your savings! 24:38 I'm scared for you 28:24 You need to budget 31:07 Just do this 32:18 Clean up this mess 38:53 You can do this 43:20 Hammer Financial Score
--- Support this podcast: https://podcasters.spotify.com/pod/show/calebhammer/supportCheck out these fun things:
Patreon: https://www.patreon.com/calebhammer
My socials: https://linktr.ee/calebhammer
Do you want to be in a Financial Audit and you're in the Austin area? Email castingcalebhammer@gmail.com
Sponsorship and business inquiries: calebhammer@creatorsagency.co
_______________________
Timestamps: 00:00 Jobs and incomes 03:50 She thinks her finances are good... 05:20 Stopped going to college 07:40 She's going to drop everything to become an ACTOR!!! 09:08 Not much of any money to her name 11:59 TERRIBLE credit card debt!!! 15:49 Credit score 16:35 You cannot afford to live right now... 17:24 FINANCING A TRIP FOR ACTING 23:45 You don't live in reality!!! 26:00 It's time to CLEAN THIS MESS UP 31:41 You are not responsible enough to have a credit card... 35:12 Is she actually willing to sacrifice? 41:21 Hammer Financial Score
--- Support this podcast: https://podcasters.spotify.com/pod/show/calebhammer/supportMost people know that you need a good credit score to be able to borrow money, but how to start building one up is a bit of a mystery. Money Clinic listener Emma, 22, has never been in debt before, apart from her student loans. However, she has heard that getting a credit card could increase her chances of being able to take out a mortgage in the future. Before she applies for one, what does she need to consider? Plus, if your credit score isn’t great, how can you improve it and why is this worth doing? Claer Barrett, Money Clinic presenter and the FT’s consumer editor, scrutinises Emma’s credit score, with help from Katie Watts, a consumer expert at moneysavingexpert.com and debt adviser Sara Williams, who runs a blog called The Debt Camel (@debtcamel on Twitter and Instagram). Together, they explain the hidden world of credit scores, credit files and tips on how to use credit responsibly.
Want more?
This free-to-read FT article How to Improve Your Credit Score includes lots more tips and pointers:
https://www.ft.com/content/24b2df98-2bae-11e9-9222-7024d72222bc
If you would like to be a guest on a future episode of Money Clinic, email us at money@ft.com or send Claer a DM on social media — she’s @ClaerB on Twitter, Instagram and TikTok.
Presented by Claer Barrett. Produced by Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music
Hosted on Acast. See acast.com/privacy for more information.
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