Change your life by
managing your money better.
Subscribe to our free weekly newsletter by entering your email address below.
Subscribe to our free weekly newsletter by entering your email address below.
Your Credit (A Powerful Purchasing Force if used correctly or the Kryptonite of American consumers if used unwisely)
Superman Returns came out this week and I felt it was appropriate to incorporate the comic book feel to my title.
If used correctly it can help make your life much easier including
If used poorly it can lead to years of dark days including:
Trouble setting up utilities, mobile phone service, and insurance
Higher rates on your home mortgage and auto loans
Evil rates and fees associated with your credit cards with limited rewards and benefits.
Let’s talk about the Average American and Average Credit Statistics from FairIssaac
Your credit behavior directly impacts your credit score aka FICO score. You have three FICO scores, one for each of the three credit bureaus Experian, TransUnion, and Equifax
The median FICO score is 723
A top tier FICO score is between 760-850
700-759 is the next level of FICO scores
Below 700 and you need to get serious about your credit
What makes up your FICO score?
How Does Rate Shopping Impact your score?
Improving your FICO score
Payment History: 35%
Amounts Owed: 30%
Length of Credit History: 15%
New Credit: 10%
Types of Credit in Use: 10%
Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:
Free Resources
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Articles
Caleb Hammer, host of Financial Audit, is known for auditing the finances of normal Americans. Unfortunately, many of them are struggling with credit card debt,...
Articles
The IRS just announced they are delaying a change to 401(k) contributions to 2026. Here’s what changes are going into effect, what’s getting delayed, and...
Articles
New data shows more Americans than ever have car payments over $1,000. Is this becoming the new normal? How much could having a car payment...
How about more sense and more money?
Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.
Free Resources
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
It's like finding some change in the couch cushions.
Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.
Episodes
RMDs can affect more than just your taxes, and not having a plan can cost your retirement. Bo explains the four ways RMDs hurt retirees...
Episodes
Should you use Buy Now, Pay Later in 2026? We walk through recent data on this trending financial "tool" and share practical ways to stay...
Episodes
Buy a Ferrari? Go on game shows? Sports betting = investing? Brian & Bo react to wild financial myths and correct the internet by skipping...
Subscribe to our free weekly newsletter by entering your email address below.