“Credit isn’t about spending. It’s about power.” Play the Credit Game
Let’s cut the fluff—credit can either be your launchpad or your leash. You decide.
Disclaimer: Winning the Credit Game is essential in building your wealth. I always advise you to only use credit to build cash-flowing assets. Credit is leverage to help you create more income. But, only is you use it wisely.
The Do’s (Moves That Build You Up) of the Credit Game
1. Pay on time. Every time.
It’s 35% of your score. Miss a payment, and it tanks faster than a meme stock. Autopay is your wingman. Use it.
2. Keep utilization low.
Under 30% = Solid. Under 10% = Elite. Got a $10K limit? Stay under $1K. Maxing out your card isn’t “adulting.” It’s dragging your score into a ditch.
3. Use credit like a tool.
Pay bills or subscriptions with it. Then pay it off. That’s how you build without debt drama.
How to Really Use Your Credit Cards
The Don’ts (Landmines That Cost You Big)
1. Don’t close old accounts.
History matters. That 2012 card you forgot about? Keep it alive. Swipe once a year for gum or gas.
2. Don’t co-sign—ever.
If someone needs your credit, they’re not ready for credit. If they default, you pay. Protect your name like it’s a brand—because it is.
3. Don’t use credit to fake a lifestyle.
Impressing strangers on Instagram with borrowed money? That’s how broke looks expensive.
Here’s the Play:
As I said in my disclaimer, credit should only be used to produce cash-flowing assets. The asset needs to pay for the debt. Do not buy stuff you can not afford to impress people. Here is the key lesson. If it is not moving you towards your goal. Then don’t use it.
Use credit to build leverage, not chains. Done right, it opens doors. Done wrong, it locks you in. You choose.
