Kevin, aka BandmanKevo, is a self-made millionaire who shares his secrets to success on his YouTube channel.
Of course, with any advice that you find on the Internet, you should proceed carefully. Free credit advice is usually never free. There's always a catch.
In this video, Kevin shares tips on how to raise your credit score quickly and legally.
Your credit score increases if you utilize less than 10% of your credit limit. Meaning, if you have a credit card with a $20,000 limit, you should only spend $2,000. Banks look at everything. They look at how much credit you have and how you utilize it.
If you spend over $2,000 of your $20,000 credit limit on one card, the bank thinks you need the money. As dumb as it sounds, bankers don't lend money if they think you need it.
Check out Kevin's video.
NBA legend Michael Jordan is officially a member of the billionaire boys club. The 51-year-old former Chicago Bulls star just added hundreds of millions of dollars to his personal wealth by increasing his ownership in the Charlotte Hornets from 80% to 89.5%. Before expanding his portfolio Jordan had a net worth of $750 million.
Read more »
Over the weekend, I heard from an insider who told me Real Housewives of Atlanta alumni Nene Leakes is broke again after spending money like water all over town. According to the source, Nene spent over $200K on pricey Rolex watches and diamond jewelry for herself and her on-again, off-again husband, Greg Leakes. She also went on a shopping spree in Atlanta, buying expensive trinkets for herself to wear on the show.
But when it comes to paying her taxes, Nene comes up short.
According to Hip Hop Daily Press, Nene owes $25,000 in back taxes for property she owned in Sacramento, Calif. No wonder Nene begged for her old job back on Real Housewives of Atlanta.
Read more »
Sharon Tirabassi is a generous soul. So generous that she gave away half of her $10.5 million Lotto Super 7 winnings and blew through the rest.
Today, the 35-year-old "penniless millionaire" rides the bus to work and struggles to make ends meet until her next paycheck.
Nine years ago, Tirabassi, of Hamilton, Ontario Canada, cashed in her winning Powerball ticket and collected $10,569,000.10.
At first Tirabassi and her then-boyfriend, Vinny, also 35, were ecstatic at their good fortune. They shared the wealth with family and close friends, lavishing their loved ones with gifts, cash, cars, and exotic trips. She gave her parents $1 million cash and divided another $1.75 million among her siblings.
Read more »