How to Get PERFECT on Credit Score

images-34I will teach you the secret to achieving the perfect credit score. This will open many doors for you that are closed to most. I’ll first start with a story to set the stage:

I’m in the military. Some people around the office seek me out for financial advice. They know I’m a “money guy” and word gets around that I like talking investing and real estate.

I always warn people they won’t like my advice. They usually don’t.

This guy didn’t.

Recently a co-worker told me he’s got $20,000 burning a hole in his pocket, and what I think about investing in the British Pound. With the Brexit, it seems like a sure thing!

I told him this kind of speculation in currency isn’t for everyone. Even those who devote their lives to studying this are wrong more often then right. I warned him this would be a fun way to lose money quickly on something he doesn’t understand. It seemed like he took that to heart.

Guy: “Ok, I got a better idea! What about gold!?!?!?”

Me: Shit. (silently in my head)

I told him I have a different approach to investing. With an extra $20k and with no debt (awesome), consider fully funding retirement accounts first.

Guy: “O no, I still have debt!”