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Are you part of the working poor? 3 weapons are working against you.

It does not matter how much money you make a year. If you are a street sweeper or a corporate executive, you may be part of the working poor. Sometimes people get confused by looking at the media and what wealth and poverty appears to be. One of the most significant confusions come from the trappings of being wealthy. This article encourages you to be different, open your eyes and take an honest look at your life. Great things are happening around you, but it’s up to you to allow them to take place.

If you are reading this article, you are in the crossroad of a change in your life, and you may not be fully aware of it, because nothing happens by chance. This article presupposes that you have an income, and you are doing a fact check of where you are versus where you want to be.

Here are a few questions:

Do you find yourself not opening your mail or not answering your phone, because you don’t know the phone number and use the excuse that it may be a telemarketer?
Do you believe that nothing will change and the people around you agree?
Do you sometimes find, that you do not have enough money to cover your monthly responsibilities?

Fear Mindset

“Names must your fear be before banish it you can!”

Yoda (Star Wars the empire strikes back)

You must define your fears before you can do anything about them. Most people don’t believe they dwell in fear because it is the way they’ve always done it. That repetitiveness is what caused them to live in that false comfort zone, and it’s that comfort zone that keeps them away from doing anything that will broaden their horizons. The things we most fear are the things we most need to do.

You must uncover fear disguised as optimism. There is very little difference between “Oh it is hopeless, so do not bother doing anything,” vs. “Do not bother just wait; it will turn out fine anyway.” In both cases, nothing will happen, opportunity lost. Growth requires present action in all things. Action may not bring happiness. However, there is no happiness without action.

You know that often people will dress up their fears to resemble optimistic denial. Often people will choose unhappiness over uncertainty. If people don’t know what to do, they will decide to do nothing instead.

What would happen if you did the opposite of the people around you? What would you give up if you continue this track for 5, 10, or even 15 years? It leads us into the next weapon.

Your Center of Influence

Everyone has heard the statement, “Birds of a feather flock together.” Know the difference between, need vs. want and prosperity vs. wealthy.

Let us use the example of Clark Kent versus Bruce Wayne; both want a new car to impress someone. Both have a team of people around them that are like-minded, but one will probably need to get a loan to get said a new car (hopefully without a cosigner), and the other can buy the dealership.

Both Clark Kent and Bruce Wayne have a team of people around them to maintain their way of life. Even in an alter ego state as superheroes, they have a group of like-minded people around them to defeat the foes of the day.

Both Clark Kent and Bruce Wayne had strong mentors around them to guide and lead them through their informative times. When you are learning new information for growth, it is essential that you look at the top 5 people in your life and see if they meet the level of achievement that you’re striving to reach.

Now let’s look at your center of influence, are they going in the direction that you would like to go? Are they like-minded with the same dreams and goals you have? Will they need to get a cosigner for a loan, or can they buy the dealership

The stress of being different

We have explored your fears and visited the people that make up your center of influence. Now let’s deal with stress and how it’s crippling effect can hinder you from achieving your desires.

The wealthy have the same number of hours in a day as everyone else, and they must eat and drink to maintain a healthy lifestyle. But what most people do not realize that they suffer from stress just like everyone else. The only difference is that they deal with a different type of pressure. They tend to make different decisions based on various information, knowledge and drive, also what they do on their downtime. It is what keeps them wealthy.

There are two types of stress destructive and constructive. Destruct stress cripples you where constructive stress encourages you to improve yourself and be better.

Stress and fear can go hand in hand, which often time is supported by your center of influence. So, dare to take a vacation in places where you have never been. Do things that excite you. See places that you have seen inside of magazines and television. Expose yourself to new environments and meet people from different lands, beyond your neighborhood.

Do the things that excite you more often, and this will enrich your life to the fullest. Create for yourself more options and start now. Stop waiting; there will rarely be a perfect time to do what it takes to get you on the path of excitement.

We hope this information was beneficial. You can have anything you want if you are enthusiastic about putting in the time, effort and plans to get to your goals. Discover the secrets why the rich stay rich and the poor stay poor. Click Here to view a video with more life tips!

In closing, we invite you to share your comments on this and or other articles. If you find the information useful, please Like & Share us and subscribe to this site for an update as we reveal new strategies. Remember to keep an open mind and Shift 4 Freedom.

How Your Credit Scored Is Calculated

Getting approval for any loan depends on your credit rating. If you have an average credit rating, you will find it almost impossible to get approved. It’s possible to obtain an excellent score or even improve your credit rating. Most companies almost use the same rating system, and if you can know more about it, you should be able to have a better credit score.

Your age is the first factor which it’s almost impossible to do anything. Yes, it’s possible to lie, but don’t because it will make things more difficult for you in the future if the creditor gets to know. If you are between 24 to 64 years of age, you will get one point. Any age below or above that will score you zero points.

If you are married, you have a chance of adding an extra point to your score. If not, you still score zero as most creditors see you as a higher risk. Also, if you have no dependents, you will score zero. But if you have between one to three, you will add to your points. Here is how it works – if you have no dependent creditors believe you can skip town and not pay off your credit.

Creditors will also want to know more about your roots. They will want to know where you live. Owning a home with a big fat mortgage or even without a mortgage will give you more points. How long you stay in your present, or the previous residence also adds more points to your score. If you’ve moved so often, you will score zero points. However, if you’ve stayed up to 5 years before moving, you will surely get more points. It shows you are an excellent risk to them.

Other factors that will add to your points are your years on the job (the longer, the better), kind of situation, your monthly income, present debt status, previous credit history, and your saving or checking account(s).

Your credit score is usually rate between 350 and 850. The lower your score, the more difficult it will be to get a loan. Scoring 800 or above should be the goal of every consumer. Below is a list of short tips on how to achieve 800 credit score or above.

Limit the number of credit cards you sign up for at a time. The more cards you carry, the more debt, the credit issuers will have to consider. If one card is not enough for you to make sure you don’t sign up for more than three cards. Also, make sure that you don’t go out with more than one card in your pocket. That way you will limit your purchases when you are outside.

Make sure that you make your payment on time, if possible before the end of the grace period if it’s part of the service. Late fees will affect your credit score adversely.

Whenever you want to apply for credit make sure that you don’t ask for too much credit often. Credit reporting agencies may score you low as it means that you can’t live without credit.

Another thing that reporting agencies consider in scoring you is outstanding balances on your credit account. If you are the type of consumer that often exceeds their limit you are risking your credit score. So, make sure you don’t exceed 30-35% of your available credit. It doesn’t make sense financially always to spend all your credit at a time.

In closing, we invite you to share your comments on this and our other posts. If you find the information useful, please Like & Share us and subscribe to this channel for an update as we reveal new strategies. Remember to keep an open mind and Shift 4 Freedom.

Understanding Bad Credit And How To Improve It

It’s obvious that we now live in a credit world. There are lots of banking institutions offering different forms of credit from credit card to personal loans. The amount of people with credit cards is rising very fast. Apart from that, lots of people can hardly do without credit.

Because of lack of enough financial education and discipline on the part of most of these consumers they often find themselves in bad credit situations like court judgment, bankruptcy, and loan default which often make it difficult for them to get any credit at all in the future. You may now want to ask – what exactly is credit?

Credit means that you are getting a service or cash grant to use for your own purpose. You are often bound with a contract or agreement to repay in the future as agreed with a lender or service provider. Credit exists in different forms like a loan, mortgage, or credit card.

Before you can get credit from any financial institution or lending agency, they will first check your credit history. If you have defaulted on a loan before or have a bad credit history, you will find it almost difficult to get credit any time you apply for it.

However, it’s possible for you to improve your credit history or build a new good credit history by repairing your credit, thus re-establishing your credit-worthiness. This process is called credit repair. It’s the process in which consumers with unfavorable credit histories attempt to re-establish their credit-worthiness.

Though there are lots of credit repair companies nowadays that promises to repair your credit for you if you can follow the simple guide, it’s very possible for you to do it yourself – after all, it’s your credit.

If you repair your credit it will make it easy for you to get low-interest credit, car or home loans. However, with poor credit rating, you may not be able to get loans or be subjected to high-interest rates and several other unnecessary conditions. So, it’s very important that you repair your credit if you have bad credit. You will get lots of tips on how to do this easily on this website “Check Here”.

You can have anything you want if you are willing to put in the time, effort and plans to get to your goals. Discover the secrets why the rich stay rich and the poor stay poor. Click Here to view a video with more life tips! In closing, We invite you to share your comments on this subject and the other posts. If you find the information useful, Like & Share us on Facebook, Google Plus and other social media platforms. Remember to keep an open mind and Shift 4 Freedom.

Your Personal Credit Score

Lots of people have been denied a loan, credit card or other forms of credit because of wrong information the lenders find in their credit report. Before banks or any other financial institution grant your application for a loan, they will first find out about your credit history from bureau by requesting for your credit report.

A credit report is a compilation of your credit history, past financial transactions and personal information possible. This report is usually compiled by accredited agencies known as credit reporting agency.

Credit reporting agencies are organizations that help credit card companies, loan companies, banks, and departmental stores in the country to ascertain the creditworthiness of their would-be clients. They provide these companies information about those who are good credit risk and those who are not.

They receive most information about consumers from loan companies, credit card companies, banks, credit, and lending sources. In this report, you will there be information on your occupation, place of employment, residence record, court and arrest records, income status, details on payment of your past and present bills and loans.

Once they have detail information from these sources, they give it to any organizations in need of it when requested. Though they keep on file information concerning you and your credit, they don’t make final judgments as to your creditworthiness. The decision is up to the credit card companies or any lender which you are dealing with.

The credit score is used by banks, credit card companies, loan lenders and other financial companies to determine your creditworthiness. As a matter of fact, most lenders often based their charges on information in your credit report. Also, some employers often consider information in your credit report before they employ you. If you have severe financial problems some will find it difficult to employ you.

Whenever you apply for new credit card, loan or any form of credit from any source’s lenders will base their acceptance or rejection of your application on your personal credit report. If your credit report shows you’ve been reliable in the past, then you will most likely get the credit card or loan you apply for.

However, if you have in one way or the other defaulted on account or you were constantly late in making payments, it will likely be impossible for you to get the credit you applied for.

While compiling your report the agency or financial institution that’s giving them the information may make mistake and give inaccurate information about your credit. If you did not dispute this error and demand necessary changes, they will leave it in your report. You can imagine the possible effects on your life in the future. Because of this, it’s very important that you check your report at least once a year.

In other to be able to check your report for possible inaccurate information you must request for a copy of your report. You can get a copy of this report from the credit bureau because it’s your personal credit file and you have absolute right to know what is in it.

You have right to know exact information they are giving out concerning your name and creditworthiness. If the report is not good enough or you can prove to yourself that it’s all about your past, you can change it. You can build your new creditworthiness. It’s possible.

To learn more information and how to repair issues on your report, “Click Here”. Discover the secrets the rich keep away from the poor. “Click Here“