Uploaded August 2024 | Updated September 2026, 2 weeks ago
ððð ðšðð§ðððš ð ðððœððŸðððœð! bit.ly/SocraticaSubscribe
Socratica Presents SMART MONEY
Many people are embarrassed that they aren't great with money. We believe it's never to late to learn! We're all about Lifelong Learning here at Socratica, and we are here to help you increase your Financial Literacy.
The theme of SMART MONEY is making informed choices.
For so many financial transactionsâ buying a car, renting an apartment, even applying for a jobâone number can determine how it goes for you: your CREDIT SCORE. But what is this number? How is it calculated? And who is doing the calculating? We explore this personal finance topic in detail, including some concrete advice on how to improve your credit score.
ð ðªð¢ð¥ ð©ð€ ð©ðð ðððððð§ðð£ð© ð©ð€ð¥ðððš ððð§ð:
0:00 Definition of Credit Score (300-850)
1:20 Payment History 35%
2:01 Credit Utilization Ratio 30%
2:45 Credit History 15%
3:20 New Credit Inquiries 10%
4:01 Credit Mix 10%
4:41 Credit Bureaus Experian, Equifax, and TransUnion
5:41 The Cost of Bad Credit
6:32 Credit Scores and your Life
7:41 How to Improve Bad Credit
Quick Exercise: What's the Cost of Interest?
LINK COMING SOON
ððŒððŸð ðððð:
Setting Financial Goals youtu.be/iqQlrF5-IJg
ðð ðððŸðððððð¿:
Wealth Made Easy (advice from Millionaires & Billionaires)
amzn.to/3yczvSb
Budget Planner & Monthly Bill Organizer
amzn.to/3WOXoZr
To continue receiving good advice about personal finance, subscribe to Socratica:
bit.ly/SocraticaSubscribe
Support Socratica on Patreon:
patreon.com/socratica
This video series is made possible by the generous support of our Patrons on Patreon. We'd like to recognize our VIP Patrons and send them our sincere thanks! Thomas Myers, KW, M Andrews, Jim Woodworth, Marcos Silva, Christopher Kemsley, Eric Eccleston, Jeremy Shimanek, Michael Shebanow, Kevin B, John Krawiec, Umar Khan, and the wonderful Tracy Karin Prell!
Written and Produced by Kimberly Hatch Harrison and Michael Lee Harrison
Edited by Megi Shuke
#creditscore #personalfinance #smartmoney
ððð ðšðð§ðððš ð ðððœððŸðððœð! bit.ly/SocraticaSubscribe
Socratica Presents SMART MONEY
Many people are embarrassed that they aren't great with money. We believe it's never to late to learn! We're all about Lifelong Learning here at Socratica, and we are here to help you increase your Financial Literacy.
The theme of SMART MONEY is making informed choices.
For so many financial transactionsâ buying a car, renting an apartment, even applying for a jobâone number can determine how it goes for you: your CREDIT SCORE. But what is this number? How is it calculated? And who is doing the calculating? We explore this personal finance topic in detail, including some concrete advice on how to improve your credit score.
ð ðªð¢ð¥ ð©ð€ ð©ðð ðððððð§ðð£ð© ð©ð€ð¥ðððš ððð§ð:
0:00 Definition of Credit Score (300-850)
1:20 Payment History 35%
2:01 Credit Utilization Ratio 30%
2:45 Credit History 15%
3:20 New Credit Inquiries 10%
4:01 Credit Mix 10%
4:41 Credit Bureaus Experian, Equifax, and TransUnion
5:41 The Cost of Bad Credit
6:32 Credit Scores and your Life
7:41 How to Improve Bad Credit
Quick Exercise: What's the Cost of Interest?
LINK COMING SOON
ððŒððŸð ðððð:
Setting Financial Goals youtu.be/iqQlrF5-IJg
ðð ðððŸðððððð¿:
Wealth Made Easy (advice from Millionaires & Billionaires)
amzn.to/3yczvSb
Budget Planner & Monthly Bill Organizer
amzn.to/3WOXoZr
To continue receiving good advice about personal finance, subscribe to Socratica:
bit.ly/SocraticaSubscribe
Support Socratica on Patreon:
patreon.com/socratica
This video series is made possible by the generous support of our Patrons on Patreon. We'd like to recognize our VIP Patrons and send them our sincere thanks! Thomas Myers, KW, M Andrews, Jim Woodworth, Marcos Silva, Christopher Kemsley, Eric Eccleston, Jeremy Shimanek, Michael Shebanow, Kevin B, John Krawiec, Umar Khan, and the wonderful Tracy Karin Prell!
Written and Produced by Kimberly Hatch Harrison and Michael Lee Harrison
Edited by Megi Shuke
#creditscore #personalfinance #smartmoney
