THE HIDDEN TRUTH ABOUT CREDITCredit can be a very sensitive subject especially if someone has a poor credit score. I say to those of you with A+ or B+ credit, good for you. For those of you with C+ or F again I say good for you. Ok let's begin our discussion on credit by looking at the advantages to having good credit. Credit cards or lines of credit are great for leverage. I purchased a property with line of credit without any money coming out of my pocket. We had a client to purchase silver from us with a line credit. Of course this person was prepared to charge his client double or triple what he purchased the silver from us for. Not only could he use the gross profit to pay off the line of credit but the rest would be pure profit. There are advantages to not paying off monthly bills immediately as well. You can take the $100 you planned to pay towards your visa card and creatively double or triple it so that you can pay off the bill and have money left over to invest. I mentioned this briefly in a previous topic(Use your resources wisely). When this concept was introduced to me I thought the person giving me the information was a total "nut job". For years I worked very hard to build my score to 670. Reality set in when I realized that while I had a good credit score I did not have any money. This concept is foreign to many, but not the rich. A Representative from Clinton's campaign has no worries or concerns of the negative 20 million dollar amount that continues to grow as long as she stays in the race. The longer Mrs. Clinton stays in the race the longer the campaign has to invest the money that should go towards bills into some type of vehicle that will give them a greater return on their money so that they can pay off their debt and make a profit. I don't think Donald trump started and continued to build his empire paying off his bills immediately either.I reinterate, poor credit is not bad. You can still function in society if you are disciplined and creative. "Cash is king". You can do the same thing that credit card companies charge you for and save the extra money that they charge you. If you see a car you want, save the money and use the cash deal as a positive motivator to the seller. We noticed that many people are more than willing to come down on their prices whether it is for cars, silver, real estate, etc. We thought this subject was very important to talk about, since we have noticed from speaking to others, that one of the biggest problems in society is paying bills and the stress that goes along with it. I have been there. I have stressed enough for me and 20 others.I had to change my mindset on credit and spending. Instead of working for our money we make the money work for us. While it would be nice, the reality is that you can't make a profit from every purchase that you make, but you can make your purchases wisely. Again, with a creative mindset, you can make money from a majority of purchases or investments. There are people out there that don't pay for utilities. Instead they use wells for water, windmills and solar panels for electricity, and buy land. There are phone services without the monthly bills available to those with a computer. For those of you who like to invest in the stock market, you should remember to invest in the basic essentials that you use in your daily lives. Stocks in your local super market(food), construction bonds(shelter), gas station(transportation) or clothing retailers(clothing) are good investing choices. Public utilities is one of the major sources of "income drain" and should be carefully researched to try and offset the cost of home maintenance with stocks in gas, oil, electricity and water if possible. When you shop at the super market or clothing store the purchase you make is actually attributing to the rise of your stock in those particular establishments. Investing in silver is another way of investing wisely. I will elaborate more on this topic in the future. At this point silver per once is slowly going up. So if you were to invest $30 in silver today, the same $30 could be worth $60 or $90 in the future. Unlike the value of paper money, the price is going up the longer you hold on to it. You are still buying money but it is appreciating in value as oppose to the depreciating dollar.I challenge you to take any amount of money whether it is a $1 or $5 and make a profit. Whether the profit is $1.25 or $125 it is still a profit if you make more than you spent initially. This topic has laid heavy on my heart since the the beginning of this blog. Todah(Thank-you)YHWH for using my family and I as vessels to share your gifts of guidance and love with others. Many praises to YHWH. Have a blessed and prosperous rest of the week.Shalom,Tamar
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