704 Credit Score and $0 Savings: Where to Start

In today’s episode, Ralph Estep Jr. and Juliet answer a listener with a 704 credit score and nothing in savings, and explain where to start. They also cover paychecks that disappear, Halloween debt, and whether buying equipment for a tax write off makes sense. In This Episode ✓ Denise has a 704 credit score, $6,000 across two cards, and $0 saved, so where does she start? ✓ Andre earns good pay and still waits on the next paycheck ✓ Halloween spending is projected at $13.5 billion, and 24% of celebrators expect to use debt ✓ A $1,000 inflatable splurge splits a family ✓ One Good Question: is an $18,000 year-end purchase worth it for the deduction? ✓ Why merchant cash advances can sink a small business ✓ Wins of the week A good credit score does not mean you are financially stable. If your score looks fine but your savings account is empty, this episode gives you a first step. Resources Watch live: https://www.becomingfinanciallyconfident.com/live Win Our Christmas Bonus: https://www.becomingfinanciallyconfident.com/giveaway Book a call: https://www.ralphestepjr.com/schedule Year-End Personal Tax Review, $199: https://www.becomingfinanciallyconfident.com/yearend Be on the show: https://www.becomingfinanciallyconfident.com/stuck NRF Halloween survey: https://nrf.com/media-center/press-releases/nrf-halloween-survey-shows-consumer-spending-expected-to-reach-13-5-billion LendingTree Halloween study: https://www.lendingtree.com/credit-cards/study/halloween-splurges/ Follow Becoming Financially Confident LinkedIn: https://www.linkedin.com/company/becomingfinanciallyconfident Facebook Group: https://www.facebook.com/share/g/1HpWqv8jp9/ Instagram: https://www.instagram.com/becomingfinanciallyconfident Skool Community: https://www.skool.com/becoming-financially-confident-7556 TikTok: https://www.tiktok.com/@becoming.financial Have a money question? Send it here: https://www.becomingfinanciallyconfident.com/voicemail Companies Mentioned Slate National Retail Federation LendingTree The Financial Gym Ecamm Facebook TikTok Wawa Royal Farms Chevrolet Hummer Hershey’s Charmin Apple