Managing Your Credit Scores In Your 20s

Age brings with it wisdom especially when it comes to taking financial decisions. A 40-year-old may be aware about more of credit repair facts and myths as compared to a 20-year-old. However, there may be instances when people may be stuck with similar credit issues irrespective of their age.

To begin with, the key to improve your credit score is - a dynamic focus. You need to seek help from a proficient credit repair specialist and then prioritize certain things as you age in order to do away with the issues that come in your credit domain.

Things to Consider in Your 20s to Improve Your Credit Score:

In your 20s, there are specific things that calls for your attention, when it is about enriching your credit health.

Attend to the five Factors:

The first step to improve your credit score is to have a clear understanding of the rules. The actual status of your credit score is determined by five factors - debt utilization, payment history, new credit, credit length, and diversification. If you were unaware of the essential factors that have an impact on your credit score, you need to work on the strategies that will help you to take care of the five factors.

Repay your student loans:

As stated by The Institute for College Access and Success (TICAS), about 69 percent of the students left college with loans in 2013. The bottom line (which was $28,400) was actually a big burden for the salary of a fresher. You have a choice to stretch the loan for whatever time span you want to (years or even decades), but you also need to keep in mind the downside of the decision.

Adding on the interest will not only increase the principal amount and will also increase the life of the loan. This will increase the overall cost of the loan that you have taken. Paying off your loans at the earliest will lead to a lower credit utilization ratio, better and more opportunity to improve your credit, less stress on your budget, and last but not the least even more opportunities to save.

The final tip:

Credit score plays a vital role in every phase of your life whether you are in your early 20's or 50's and beyond. Analyze your credit score regularly to ensure that you maintain a positive credit and avoid any problems related to your financial plans.

Want to Quit Your Job and Work for Yourself?

I want to open up this post with an important question: are you living your passion?

If not, it is time to find what is that you love doing. Knowing what is your purpose, your passion, will give a different meaning for your life. It will give you your WHY. And to become successful in the thing that you are doing you need to know why you are doing it.

Let's dig deeper. Do you love your job? Is your job able to provide you the things in life that you desire? Does it allow you the live the lifestyle you want to live?

Changes are you are actually not living the lifestyle of your dreams, because most people think it is impossible to that all year rounds. That's why they are called dreams right? WRONG!

What if I told you could create your dream lifestyle, no matter how crazy it may sound? Are you a business guy who would actually love to travel and surf? Or are you a mom who would want to stay home with your kids? Not a problem! I have found (and use) a solution how to do that: becoming an entrepreneur. And not just what ever entrepreneur, but a FREEDOM-Preneur! So what is a freedom-preneur?

First, freedom has many different meanings to people. What I refer to as a freedom is being able to do what you want, when you want, with who you want, and where you want. For me having freedom is living my dream lifestyle instead of just hoping to have it. And this of course comes back to your why. Freedom is about knowing what it is that you really want. So many of us are going after what we think we should want and as a result our wants are blind and not self-fulfilling.

Entrepreneurs are known for being in business, sharing their techniques and secrets of building a business before others know how. A Freedom-Preneur is about being free and before others know how to do it. Why would we have a business for if not the idea of freedom?

Often, if not too often, we forget to open our minds for new opportunities or possibilities because we only know the one way we learned to get what we want. You need to defy that idea so that the focus is your freedom and not the business aspect. The entrepreneur side is important, but that will come so no need to worry. In becoming a Freedom-Preneur you must know what you want to do, where you want to do it and when you want to do it.

This is your life we are talking about and despite the popular belief, your life is not a business. Ask yourself the following questions:

* What do you really want to do?

* What are your passion and your gift?

* Where would you like to live that passion out?

* What country, setting or at least type of weather?

* Who do you want to be around?

* What times of day do you want to be doing what?

So how do you confidently make the swap from being corporate employee to entrepreneur?

Dream, vision, courage and massive action!

I'm a Finnish girl living the dream in Florida. I'm a combat sports athlete, type-1 diabetic, blogger, entrepreneur and I have a degree in Psychology & Anthropology. I love sports, food, traveling, cultures, writing and living the life in my own terms as my own boss.

The EASIEST Way to Earn $200 a Day From Home (And The Smart Strategy to Scale Your Sales!)

How many times have you tried to "launch" an online marketing campaign... only to discover it worked far better in the "eBook," than it did for YOUR business?

How often have you chased gadgets, gurus and goofy gimmicks that promised perpetual piles of profit, only to be doomed to disappoint?

If you are anything like the tens of thousands of people who are chasing their dreams right NOW, as you read these very words, with absolutely NOTHING to show for it, you are in really good company. And the truth is, even if you've never made a dime before, it's really NOT your fault.

I want to share with you a very simple, and SCALABLE strategy to turn what you LOVE into a living, and to truly transform your passion and sense of purpose into a perpetual profit.

The bad news? It's not going to happen overnight. And it does take "work". The GOOD news? If you truly LOVE what it is that you are doing, and are committed to the idea of community, and contribution as much as cash flow, you'll never really feel like you are "working" at all. Instead, you'll feel focused and free, and truly blessed to be able to share your gifts with the world, in a way that allows you do work from wherever you want as well.

One more quick thing: This idea is FAR bigger than setting a goal of $200 a day. Or $400 a day. It's about building a brand, a business and a bank account around proven ways to convert your content into a community and your community into clients, and cash.

The core concepts are simple:

1 - First, build your blog, brand and business around doing what you love. Discover what it is that you'd do for FREE everyday, and do that thing every day for the rest of your life, as often as you can, and with as much energy, inspiration and enthusiasm as you can muster.

2 - Focus on making people better. Share your experience and expertise in the niche that you know, and concentrate on doing nothing other than sharing your gifts with those that need what you know most.

3 - Don't think of yourself as a writer or author or speaker or blogger. Think of yourself as a teacher, in whatever niche, market or industry you identified in #1.

Now, here is the simple strategy that will explode your income, well past the $200 a day mark if you follow up with fierce focus and continue to rinse, repeat and scale UP this approach. You have to SCALE this with services, and be willing to re-purpose your content across multiple mediums for maximum speed and success.

Let's look at a really quick outline of how this may work.

1 short Amazon eBook (selling for 2.99)

1 extended eBook with audio file, and follow up Q and A (selling for 12.99)

1 small group coaching program/webinar/teleseminar (selling for $99 for 30 days)

1 private coaching offer for one on one support for 30 days (selling for $499 per month/ or $150 per week)

Lastly, and MOST importantly, create 1 affiliate program for all of the above (outside of Amazon, which has its own) and connect with other people in your profession, and have THEM promote your products, programs, books, blog and brand for FREE... for a percentage of every sale.

You can literally do this using a free service like GUMROAD, without any tech skills or any experience, and have an army of people selling your stuff for you, even if you don't have any connections in the broader community right now.

It's so important to have salable stuff. Once you take this simple step, the sky is truly the limit... and you can scale this in so many cool and creative ways, that this is all just the very tip of the exciting iceberg that your business is about to become!

Remember:

Convert your content into courses, and your courses into a curriculum.

In other words, organize and structure everything you create into something that is teachable, and salable across multiple mediums and various formats.

One Amazon eBook can easily earn you $50 a day on its own.

One group coaching call with 10 people a month can earn you an extra $1000, this month, using this very approach.

5 people paying you for private coaching can add an additional 2-3 thousand to your bottom line, within the next 60 days.

1 audio and eBook, sold on your own site, or on a marketplace platform like Gumroad, can add another $1000 per month in sales.

And... if you truly want to scale this up in a magical and magisterial fashion, adding a JV element, where your professional peers in your niche become your partners, can explode your income and your appearance of expertise, all with a few days worth of work!

You can take ONE simple book, on simple topic, that illuminates only ONE area of your expertise or niche knowledge within the broader market, and build an entire content marketing campaign, that can transform your income in only a few months, starting TODAY!

Want to earn $200 a day working from home? LAUNCHiT! Learn how to do what you LOVE for a living and wake up the WORLD with your work! The EASIEST way to convert your life purpose and PASSION into perpetual piles of profit..