An ENORMOUS MISTAKE People Make With Credit Cards
VIP Financial Education VIP Financial Education
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 Published On Jan 5, 2024

This is an enormous mistake people make with their credit cards.

It is one of the single greatest mistakes that we were able to avoid while building a number of extremely expensive businesses.

That mistake is using your personal credit card accounts to fund your business.

By doing this you are over-utilizing your personal credit report which is driving your credit scores DOWN.

Yeah, this is not good, we want to boost our credit scores, not drive them down.

So, this is the better way to go about using credit to build a business and let's face it, building a business is expensive.

Businesses cost money and you should expect them to cost money.

If you are trying to avoid growing your expense category inside your businesses, then frankly you don't have a real business, what you have is a job that you built yourself, you are your own boss, and being your own boss is fine, but the moment you stop you also stop getting paid.

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Timestamps:
0:00 - BIG Credit Card Mistake
2:12 - This Will Boost Your Credit Score

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#creditcards #creditscoreboost #businesscredit

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