Should you have a credit card?
While some people believe that having a credit card is dangerous and only leads to debt and money problems, many others believe that it is one of the best ways to build your credit score and obtain access to “other people’s money,” like loans and mortgages.
Wherever your beliefs lie, there’s no doubt in saying that successful people are exceptionally good at using the credit system to their advantage.
In this week’s episode of the Rock Your Money, Rock Your Life podcast, I interview entrepreneur, attorney, and CEO of Black Crown Inc. and Black Crown Law APC: Christopher M Naghibi.
Chris Naghibi is an author, licensed attorney, real estate broker, and general contractor, who serves as the Executive Vice President – Chief Credit Officer of First Foundation Bank.
With strong credit skills and broad experience in multifamily, commercial, and single-family residential real estate lending, Chris has made it his mission to provide financial literacy with a focus on real estate as a tool for building wealth.
If you’re wanting to learn what the average person can do to become more financially stable, how to combat self-doubt when it comes to financial literacy, and how to evaluate and build credit, then this episode is for you!
Should you have a credit card?
While some people believe that having a credit card is dangerous and only leads to debt and money problems, many others believe that it is one of the best ways to build your credit score and obtain access to “other people’s money,” like loans and mortgages.
Wherever your beliefs lie, there’s no doubt in saying that successful people are exceptionally good at using the credit system to their advantage.
In this week’s episode of the Rock Your Money, Rock Your Life podcast, I interview entrepreneur, attorney, and CEO of Black Crown Inc. and Black Crown Law APC: Christopher M Naghibi.
Chris Naghibi is an author, licensed attorney, real estate broker, and general contractor, who serves as the Executive Vice President – Chief Credit Officer of First Foundation Bank.
With strong credit skills and broad experience in multifamily, commercial, and single-family residential real estate lending, Chris has made it his mission to provide financial literacy with a focus on real estate as a tool for building wealth.
If you’re wanting to learn what the average person can do to become more financially stable, how to combat self-doubt when it comes to financial literacy, and how to evaluate and build credit, then this episode is for you!
What You’ll Learn from this Episode:
- How to build a great credit score
- How to best utilize your credit card
- The major influencers of your credit rating
- And much more!
Topics Covered:
00:00 – M1 Mastermind
01:38 – Building good credit
04:00 – What influences your credit score?
09:45 – How to utilize your credit card
11:10 – You need to strategize your credit card spending
13:00 – Shopping for the best credit – why does it affect your credit?
16:00 – Struggles getting credit as a foreigner
19:10 – The working life of a credit master
20:30 – The need for contribution
22:45 – Drawbacks of the online world
24:45 – Connect with Chris
Connect with Christopher M Naghibi:
Connect with Rock Thomas:
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