This episode is part of our FINANCIAL FIERCENESS!™ series! This series integrates our financial goals into our development plan for surpassing our goals. We deal with the specific issues we need to explore in order to achieve (and surpass) our financial goals. In this episode we are examining the issue of “Credit score, who cares?!” This is Part 2 of a 2 part series.
Who? You! This all about you! You are the product in this interaction. Entities pay (and are paid) to share information about you. This is uniquely about you. What? In the USA, the score range is from a low of 300 to a high of 850. The score is a shorthand method to determine the risk in loaning you assets (money, property, etc.). When? For as long as you are an adult and alive. Where? In the entire world. You are the product (well your data is) and data is accessible everywhere. Why? Quick way to determine if you are safe enough (to loan money or property to, to hire, to insure, etc.). …and I should care? Yes. High credit scores mean “Yes” to things (buy that house! lease that apartment! get that new car! You are hired for this job!, etc.) and a low enough one means “No” is the answer. Do you [...] This episode is part of our FINANCIAL FIERCENESS!™ series! This series integrates our financial goals into our development plan for surpassing our goals. We deal with the specific issues we need to explore in order to achieve (and surpass) our financial goals. In this episode we are examining the issue of, “Credit score, who cares?!” You should...here's why. This is Part 1 of a 2 part series.
The credit score is fascinating. We are addressing consumer credit scores in this episode but there are also credit scores (or ratings) for businesses and nations. In general, your consumer credit score is a product that is sold by three major private companies in the USA (Equifax, TransUnion and Experian), to entities about you. The fact that it is sold only because it is about you is the really unique and interesting aspect of the situation. Literally, this is one time in life when it is “all about you!” The situation is that [...] This is an episode that I feel compelled to do! Our MYTH WARRIORS™ series is about targeting ideas to begin the assessment of whether they are credible or not. As a long time educator, long time student and someone who passionately believes in the benefits of education, I have to explore this target topic of, “A degree is just a piece of paper!” I continue to hear people express this sentiment, so let's go!
There are a multitude of studies that express the conclusion that individuals with higher education earn more income than those without higher education. Yet, I am not convinced that there is a consensus among people as to why that fact exists. If you believe that people are “lucky” and some some “get rich” while others simply are “unlucky”, that is a position (with an external locus of control perspective) that negates the belief in higher education. If you believe that people earn more income because of what they can do (for an employer, client, vendor or partner), then it it logical that if you have more skills (and higher level skills) you will be able to earn higher incomes. This is a position based on an internal locus of control. My perspective is that [...] In the MYTH WARRIORS™ series we are targeting ideas to begin to assess whether they are credible or not. This is Part 3 of a 3 part episode that I feel I need to do in order to address some of the myths, misunderstandings and misconceptions about the Professional Speaking industry. The target for this episode is “Professional Speakers earn $5,000 USD an hour and no education is needed!” (Part 3 of 3)
In Part 1 of this episode we addressed what the speaking industry actually is! Is it real? Do some people actually make a living as a “speaker”? In Part 2 we addressed whether speaking is a good fit for what makes you happy in life everyday (if you hate travel and fear public speaking it might not be the best choice for a career). We also discussed what it takes to succeed in the field (if you do want to pursue it). In the final Part 3 of this episode, we focus on the obstacles that can prevent a person from having a rewarding speaking career and the types of issues (or entities) that can take advantage of a person who desires to be a speaker. Never pay anyone. They are supposed to pay you. Just like some modeling “agencies” will take advantage of a person who is a foot too short to be a runway model (by taking their “tuition” and “teaching” them how to “be a model”), there are some entities that will take advantage of an aspiring speaker. Just because someone says that they can “teach you how to speak” does not mean that they have ever given a paid speech in their lives. Use your [...] |
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