Learning How To Play The Credit Game With Bruce Mack - Episode 94

On this new Practical Wealth Show, Curtis May does a video interview with Bruce Mack. Bruce is one of the nation's foremost authorities in financing and credit. Having been in the financial services industry for well over 20 years, Bruce is a highly sought after and well known national and international speaker. He has shared the stage with personalities such as Donald Trump, Al Gore, just to name a few. If you want to know what credit is all about, you should listen to this podcast and watch on youtube the complete episode with Curtis and Bruce. Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com Links and Resources from this Episode www.practicalwealthadvisors.com Email Curtis for a free report - [email protected]  Call his office - 610-622-3121 Connect with Bruce Mack https://www.linkedin.com/in/bruce-mack-650ab7154  https://platinumfinancinggroup.com/about-us    CHECK OUT THE VIDEO FOR THIS EPISODE: https://www.youtube.com/watch?v=m_XoFu9vBtw Special Listener Gift Schedule a 15-Minute Call with Curtis  Free Ebook Financial Planning Has Failed Show Notes Bruce explains why credit is so important and how it works - 2:04 What is the leverage? - 4:44 Talking about Cash flow - 5:31 Investment companies and crowdfunding - 6:55 Invoice financing - 9:02 Looking for founding - 10:37 Traditional and non-traditional sources - 11:47 Credit bureaus and credit scores  - 14:33 Where you are going  - 17:32 The credit wheel - 18:00 The history of payment - 18:37 Having an old account - 20:55 What to do if you have business credit cards? - 24:12 The best way to pre-plan - 28:56 Bruce recommends us to use our credit cards - 30:07 Never close more than one credit card - 32:59 Qualifying for bankruptcy - 38:15 For each action, there is a consequence - 39:04 Paying an American Express - 40:51 Companies that report your rent - 43:47 Getting credit awards - 45:26 Why is great to use business credit cards - 48:54 You have to know the rules of the financial institutions - 52:57 Going deeper into founding - 53:20 Bruce talks about his programs - 55:34 Bruce shares some of their company success stories - 1:03:16 A corporate credit program - 1:03:55 Bruce company's website - 1:06:51 Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts  Click here to subscribe with Spotify Click here to subscribe with Stitcher Click here to subscribe with RSS