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Episode 8: Dominique Brown talks Simplifying your Finances to build Generational Wealth
Manage episode 203092611 series 2116188
Today I have the honor of talking to the Credit King himself, Dominique Brown.
We talk all things credit and how he was able to achieve – the perfect credit score in America!!
We discuss the breakdown of your credit score
- 35% payment history,
- 30% amount owed,
- 15% length of history,
- 10% new credit,
- 10% types of credit used
Next we discuss how to build real #GenerationalWealth, we want to move from consumer to owner.
We talk about getting 100 people to save $100 a month for 100 years… this is a plan where the next generations will be set! This is a movement we can start!!
Imagine $50 a month, invested for 100 years at 7% is $7.5 million!!!! Talk about building #GenerationalWealth!! We are talking about more than NOW money, but rather long term.
Make sure to join his 14 day Credit Challenge here or visit www.yfscredit.com
Other Mentions:
- Vanguard S&P 500 fund - S&P 500 ETF over 20 year rolling has not lost money!
- Open a LOW cost, INDEX fund – Vanguard, Fidelity, TD Ameritrade
You can connect with Dominique
- Instagram @yourfinancessimplified
- Website http://www.yourfinancessimplified.com/
Thank you for listening!!
Please Download/Subscribe/Rate wherever you listen!
Also, please remember to use #LiveFinanciallySavvy on all social media when discussing the podcast!! :)
Connect with me:
30 episoder
Manage episode 203092611 series 2116188
Today I have the honor of talking to the Credit King himself, Dominique Brown.
We talk all things credit and how he was able to achieve – the perfect credit score in America!!
We discuss the breakdown of your credit score
- 35% payment history,
- 30% amount owed,
- 15% length of history,
- 10% new credit,
- 10% types of credit used
Next we discuss how to build real #GenerationalWealth, we want to move from consumer to owner.
We talk about getting 100 people to save $100 a month for 100 years… this is a plan where the next generations will be set! This is a movement we can start!!
Imagine $50 a month, invested for 100 years at 7% is $7.5 million!!!! Talk about building #GenerationalWealth!! We are talking about more than NOW money, but rather long term.
Make sure to join his 14 day Credit Challenge here or visit www.yfscredit.com
Other Mentions:
- Vanguard S&P 500 fund - S&P 500 ETF over 20 year rolling has not lost money!
- Open a LOW cost, INDEX fund – Vanguard, Fidelity, TD Ameritrade
You can connect with Dominique
- Instagram @yourfinancessimplified
- Website http://www.yourfinancessimplified.com/
Thank you for listening!!
Please Download/Subscribe/Rate wherever you listen!
Also, please remember to use #LiveFinanciallySavvy on all social media when discussing the podcast!! :)
Connect with me:
30 episoder
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