Kuwka_Atcha_Ratcha
Superstar
lets share what we have learned amongst each other, hopefully the thread can become a great resource to creating black wealth no matter where you are financially in life.
1 - I've never had a credit card, but when i was a kid 17 - 23 i would buy everything on buy now pay later to boost up my credit score. id buy anything from a laptop to a keyboard, paying it of before the interest kicked in boosted credit score thus never needing a credit card
2 - my friends purchased their first cars on finance, i thought it was stupid at the time, but they did so as it was a great way to boost credit
3 - for every 1,000 i make, i only spend max 250 on myself
4 - save as much as you can from the moment you begin working
5 - always aim to purchase a property, wether you rent or live in it, paying someone elses mortgage (rent) usually works out more than paying your own
6 - cut cable brehs.
feel free to add on, ill try and add everything into this main post, and have it like a black wikiFINANCE thread
1 - I've never had a credit card, but when i was a kid 17 - 23 i would buy everything on buy now pay later to boost up my credit score. id buy anything from a laptop to a keyboard, paying it of before the interest kicked in boosted credit score thus never needing a credit card
2 - my friends purchased their first cars on finance, i thought it was stupid at the time, but they did so as it was a great way to boost credit
3 - for every 1,000 i make, i only spend max 250 on myself
4 - save as much as you can from the moment you begin working
5 - always aim to purchase a property, wether you rent or live in it, paying someone elses mortgage (rent) usually works out more than paying your own
6 - cut cable brehs.
feel free to add on, ill try and add everything into this main post, and have it like a black wikiFINANCE thread
Posting up for notes(though there might be a thread like this already.)