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In every financial workshop, I hold with 20-somethings, there inevitably comes a point where someone utters the phrase, “But my dad said…” followed by: I should carry a balance on my creditcard to improve my credit. TRY THIS: The app Acorns rounds up each of your purchases and invests the spare change.
An emergency card with condensed information is useful, particularly if there is no signal on your phone. Have an emergency plan as to where you would go or what you would do in an emergency e.g. can you use your creditcard to buy things, book tickets to get you out the country quickly. Train ticket alerts . Heathrow Airport .
Ask for a discount before you purchase something. On his website, ( RejectionTherapy.com ) Comely sells cue cards with ideas on ways to be rejected: Request a lower interest rate from a creditcard provider; challenge a stranger to an arm-wrestling match. In Rejection Therapy, rejection is the only way to win.
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