Reset your financial situation and make 2025 your best financial year yet with Angela Setters Bessard, the real credit queen. Dive into essential strategies to refresh your credit, manage your debt, and revamp your budget.

• Learn how to effectively check and update all three of your credit reports.
• Discover methods to consolidate and manage credit card debt, including using balance transfer cards and personal loans.
• Understand the importance of increasing your credit limits and maintaining positive credit history.
• Uncover the snowball and avalanche methods for tackling debt repayment.
• Refresh your budget focusing on cutting unnecessary spending and automating your savings and investments.

00:00 Reset your credit score to improve finances.

05:49 Ensure personal information on your credit report is accurate and up-to-date, including addresses and social security number. Consider using a P.O. Box for stability if you're renting.

08:29 File disputes with all three credit agencies to improve your middle credit score.

13:03 Apply for multiple zero percent interest balance transfer cards on the same day. Research card terms carefully and plan to pay them off diligently to avoid debt. Keep credit card usage under 30% and use them every 90 days to maintain good credit relationships.

17:25 Pay your credit card balances to avoid debt snowballing and maintain good relationships with creditors.

19:54 Increase credit limits to manage debt better and improve your financial standing for future credit needs.

24:35 Choose the snowball method to pay off small debts first for motivation or the avalanche method to pay high-interest debts first to save money, depending on your financial needs.

27:41 Re-evaluate your budget, cut unnecessary expenses, focus on debt repayment and savings, pay yourself first, and do tax planning.

29:38 Automate savings and 401k contributions; allocate income: 50% to needs (rent, bills), plan and document finances.

32:41 Refresh your credit, pay down debt, and set financial goals by checking credit reports, choosing a debt plan, and creating a strategy.

Thank you for listening to Your Credit Today! If you haven’t subscribed yet, make sure to hit that button, and share this episode with friends and family who want a financially peaceful holiday season. For personalized financial coaching, reach out by emailing me at [email protected] or visiting angelabessard.com. And if your organization could use some financial wellness training, don’t hesitate to contact me—I’d love to help you and your team enjoy a stress-free holiday season!

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