So recently I had a client if mines enroll in to one of my programs and was required to get a secured card to help build her credit. She had Absolutely NO IDEA on how to use a credit card! She never ever had one! Which isn’t bad thing. So our cards are a credit limit of $200 for the purpose of rebuilding and building positive credit. You are only suppose to use 30% but she used the whole 200 not understanding the basics of a credit card. Her score dropped 100 points because that was her only positive line of credit.... and she has over 7 negative collections! ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀The night she called me we both had a heart attack lol.... So I explained to her.... a credit card is basically a loan with interest. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ Lets say you let me borrow $200 dollars till payday, but I told you if I let you borrow $200 you will need to pay me back $215 cause I added interest. Now when you get paid on Friday you call me and say PRISCILLA I only have $100 to give you until next month, now you owe PRISCILLA 115 plus another $15 because you didn’t pay it back in full. So next month you pay me $130 you owe me nothing! When you are using a credit card you must pay at least the minimum due every single month!
I would like to express my gratitude and appreciation to everyone who made the trip to attend 𝐑𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝟐𝟎𝟏𝟗. 💯 We had a total of 𝟲 𝗦𝗨𝗖𝗖𝗘𝗦𝗦𝗙𝗨𝗟 𝘀𝗲𝘀𝘀𝗶𝗼𝗻𝘀 last week, these sessions wouldn’t be possible without any of your presence. 🤘🏼 Sessions after sessions, we revised old strategies and covered new ones to help you achieve a 𝗵𝗶𝗴𝗵𝗲𝗿 𝗹𝗲𝘃𝗲𝗹 𝗶𝗻 𝗥𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴 for your clients.
Here are a 𝗳𝗲𝘄 𝘀𝘂𝗺𝗺𝗮𝗿𝗶𝘇𝗲𝗱 𝗽𝗼𝗶𝗻𝘁𝘀 I have shared during the session which I want to emphasize again:
✅ Concept Presentations on Retirement Planning
✅ How to handle objections about Retirement Planning
✅ In depth closing techniques for Retirement Planning
✅ Products to sell for Retirement Planning
✅ Mistakes to avoid on doing Retirement Planning
I'm sure there are many new ideas we have conceptualized but remember to practice and apply them if you want to see results.
Once again 𝘁𝗵𝗮𝗻𝗸 𝘆𝗼𝘂 𝗳𝗼𝗿 𝗯𝗲𝗶𝗻𝗴 𝗽𝗮𝗿𝘁 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗴𝗿𝗮𝗻𝗱 𝗳𝗮𝗺𝗶𝗹𝘆 𝘀𝗲𝘀𝘀𝗶𝗼𝗻, I cannot wait to be back to share more new topics with you guys. 💪🏼 For those who didn’t managed to get the tickets, I will be posting videos constantly on my YouTube channel to share more financial knowledge and strategies with you. 𝙏𝙤𝙜𝙚𝙩𝙝𝙚𝙧 𝙡𝙚𝙩'𝙨 𝙢𝙖𝙠𝙚 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙥𝙡𝙖𝙣𝙣𝙞𝙣𝙜 𝙚𝙖𝙨𝙞𝙚𝙧 𝙖𝙣𝙙 𝙝𝙖𝙥𝙥𝙞𝙚𝙧 𝙛𝙤𝙧 𝙚𝙫𝙚𝙧𝙮𝙤𝙣𝙚.