Summary:
Property values are going down, interest rates are increasing, and it looks as if a recession is around the corner. What does this mean for your credit? I sit down and chat with Paul Oster about strategies for managing your credit during times like this; he emphasizes that it’s crucial now to budget and lower your expenses. He recommends a few online tools that you can utilize to pay your bills on time and manage everything in one place, and you’ll find that keeping your credit under control may be easier than you imagined. Tune in for more information.

Highlights:
-Hopefully this doesn’t last long, but there’s no doubt we’re headed down a rabbit hole—if not a recession, a slow-down
-In this environment, it is that much more important for people to pay attention to their credit score
-Banks and creditors can use whatever score model they want to use
-Focus on paying high interest credit cards off now
-The only solution is to budget and lower your expenses; you need to run your household like a small business
-Now is the time to change your behavior—you can’t keep doing the same thing and expect different results
-Put your bills on autopay
-He recommends mint.com which puts all of your bills in one place and gives you alerts/spending analysis
-nerdwallet.com is also a good resource

Useful Links:
Financial Survival Network
Better Qualified

Direct download: Paul_Oster_19.Oct.22.mp3
Category:general -- posted at: 8:01am EDT

Summary:
It’s a new era for crypto, and I sit down and chat with Collin O’Brien to get the latest insight on digital asset prices, regulation, and long term feasibility when competing with other sovereign currencies. The company Collin works for, Rubic, is assisting with cryptocurrency transactions and making digital trading more fit for everyday use. He is helping to build the future of cryptocurrency, so be sure to tune in and hear some of his expert knowledge.

Highlights:
-What can you say about cryptos that you can’t say about other investment bubbles? Cryptos always go up, but it’s a new era
-At the end of the day, it’s just a market
-Collin looked at Bitcoin when it was priced around a dollar
-He wanted to buy a thousand at $1.79, and everyone told him it was a waste of money
-Six years later, the industry peaked his interest again
-Bitcoin is a bit of a libertarian construct paradise
-In terms of regulation, the authorities are behind the curve
-We need the people in charge of writing crypto legislation to be very involved and tech savvy
-Can independent cryptos compete with sovereign currencies? We don’t know if this will be the case in the long term
-If you have credits for an application on one network, it is extremely complicated to use them on another network
-Collin’s business is removing the middle men from the process of moving credits over
-Rubic makes the process of moving values amongst blockchains easier

Useful Links:
Financial Survival Network
Rubic

Direct download: Collin_OBrien_14.Oct.22.mp3
Category:general -- posted at: 8:00am EDT

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