704 Credit Score and $0 Savings: Where to Start

In today’s episode, Ralph Estep Jr. and Juliet answer a listener with a 704 credit score and nothing in savings, and explain where to start. They also cover paychecks that disappear, Halloween debt, and whether buying equipment for a tax write off makes sense.

In This Episode

✓ Denise has a 704 credit score, $6,000 across two cards, and $0 saved, so where does she start?

✓ Andre earns good pay and still waits on the next paycheck

✓ Halloween spending is projected at $13.5 billion, and 24% of celebrators expect to use debt

✓ A $1,000 inflatable splurge splits a family

✓ One Good Question: is an $18,000 year-end purchase worth it for the deduction?

✓ Why merchant cash advances can sink a small business

✓ Wins of the week

A good credit score does not mean you are financially stable. If your score looks fine but your savings account is empty, this episode gives you a first step.

Resources

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