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I should have just got on PREP..
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soo my sleep schedule is effed up, i keep trying to wake up early-ish (7am) but i’m lacking motivation and i wake up tired 😴
i stumbled upon this article that talked about this book. we always hear about the “secret” of strong leaders is that they wake up early. has anyone read this/tried it out?
5 AM Club, The: Own Your Morning. Elevate Your Life. https://www.amazon.com/dp/1443460710/ref=cm_sw_r_cp_api_i_n2GdFbJJEFKSN
Best intern stories thus far....GO!
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I don't see how diversity in branding is supposed to help your credit
Diversify debt? That’s new
EY1, that's not universally true... but, I don't see the point in what OP is doing either. Credit cards aren't Pokémon.
OP, please explain your goal here. Improve credit score? Obtain maximum total line amount?
Opening a zillion cards actually negatively impacts credit score.
Lenders will evaluate your types of debt, but credit cards all fall in one category, independent of bank. Don’t take on a loan just to diversify that debt. that would, of course, be silly and ass backwards for improving your credit score.
I read posts like this and lose faith in humanity.
That's a *different* kind of diversified portfolio. Not usually one people aim for.
Diners Club
This will not help your credit score or your ability to maximize rewards
D2, there is almost zero point in what OP is doing. I'd recommend an AMEX, a VISA (and maybe a Mastercard). Research the cards, get the right one for your particular spending patterns and needs, and have a plan on when and why to use each one.
In particular, I like AMEX for high dollar purchases (especially electronics) for the warranties they provide as benefits through the card (on certain cards). I like VISA for travel abroad. My cards don't overlap in benefits (much), so I know if I'm spending on travel and dining I use card A, if I'm spending on something else, I use card B, etc. - but unlike OP, I don't have 5+ credit cards.
I also usually will not apply for a card if it doesn't offer zero foreign transaction fees.
Also, on a note that addresses a comment above, I saw an article saying that The Points Guy has 30+ credit card and an 800+ credit score. So, like I mentioned above, a ton of cards won't kill your credit score, but that also sounds like account management HELL.
I don't see the "so what" here...
Capital one
Credit card newb here but is there any advantage to this strategy? Thought it’d be best to have one main card and a backup if someone doesn’t take the main card (I.e amex and chase)
Capital one
Keep shopping for cards but don’t use them. I have 800+ as well and that’s my strategy
I guess you're increasing your credit limit and suppressing that credit util %, but even then collecting cards like Pokémon doesn't seem like a great strategy