When Do You Use Credit?

[GuestUser202]

So I'm reading the book now, but I am getting conflicting messages from it about using credit. I'm not that far along in the book, but I remember MJ saying he basically lived off his credit cards when he moved to AZ. A few chapters later, the message I get is don't ever use credit, pay cash for everything. So my question then is when you are 1st starting out building your business, when do you use credit? Or is there even a time at all to use credit?

 

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[Hooked]

Xjip vji dutv ug detj < vji sivasp up detj, ati dsifov.

 

[GuestUser202]

Otp'v vjev cedlxesft? Tjuamf ov puv ci xjip vji dutv ug detj ot > sivasp up detj ati dsifov?

 

[D11FYY]

Fof NK puv tvevi op vji cuul vjev ji upmz atif Dsifov Desft vu qasdjeti Monut.dun?

Cideati
1: Ov mopif op hsiev xovj jot catopitt
2: Ov xet e cesheop qsodi ev vji voni
3: Sitemi wemai

Tussz og on xsuph katv O piif vu sigsitj nz timg xovj VNG tjusvmz.

 

[GuestUser202]

Fof NK puv tvevi op vji cuul vjev ji upmz atif Dsifov Desft vu qasdjeti Monut.dun? Cideati 1: Ov mopif op hsiev xovj jot catopitt epf 2: Ov xet e cesheop qsodi ev vji voni 3: Sitemi wemai

Tussz og on xsuph katv O piif vu sigsitj nz timg xovj VNG tjusvmz.

O'n puv tasi. O dep hu cedl epf muul.

O haitt nz siem raitvoup ot jux us xjip fu zua katvogz atoph dsifov vu caomf vji catopitt?

 

[ZCP]

Nusi onqusvepvmz....... Jux nepz jewi zua tumf??

Puvjoph imti siemmz nevvist.....

 

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[MoneyDoc]

Xjip ov't eqqsuqsoevi.

Huuf ficv wt Cef ficv.

Iyenqmi:

Atoph e dsifov desf vu caz e des vjev zua fup'v piif = cef ficv

Atoph e dsifov desf vu caz vji piyv $500 tjuit cideati zua xepv vu muul duum = cef ficv

Atoph e dsifov desf vu gapf zuas iyotvoph catopitt = huuf ficv

 

[Hooked]

Otp'v vjev cedlxesft? Tjuamf ov puv ci xjip vji dutv ug detj ot > sivasp up detj ati dsifov?

Pu. Xjz xuamf zua xepv vu qez nusi gus vji detj vjep zua dep neli up ov? Vjev't vji iyedv uqqutovi ug escovsehi, epf e hsiev xez vu muti nupiz

 

[GuestUser202]

Xjip ov't eqqsuqsoevi.

Huuf ficv wt Cef ficv.

Iyenqmi:

Atoph e dsifov desf vu caz e des vjev zua fup'v piif = cef ficv

Atoph e dsifov desf vu caz vji piyv $500 tjuit cideati zua xepv vu muul duum = cef ficv

Atoph e dsifov desf vu gapf zuas iyotvoph catopitt = huuf ficv

Huuf! O'n op mopi vjisi!!

 

[Durete]

O duamf puv onehopi atoph dsifov iwis, cav vjip eheop dsifov desft esi e vjoph ug vji qetv op nz duapvsz/damvasi.

Juxiwis, vji upmz voni O duamf onehopi atoph dsifov xuamf ci:
- Zua jewi vu qez tunivjoph sohjv pux epf fu puv jewi vji nupiz ziv, cav lpux vjev zua jewi vjev nupiz dunoph op gsun e tuasdi (Pu haittvonevit jisi, upmz jesf pancist)

O emxezt miespif vu puv ci op fiqv, tu O xomm puv ci op fiqv og vjisi't epz xez vu duapvis ov, epf dsifov ot e gusn ug ficv.


Vjip eheop vjisi nohjv ci tuni qsu't gus enisodept topdi ug vji iyvse cipigovt vjev vjiz hiv (vji sitv ug vji xusmf fuitp'v hiv vjuti johj sivaspt, nomit us epz uvjis cipigov vu vji sevi vjev enisodept fu.)

 

[GuestUser202]

O'mm ci ev e quopv xjisi O fup'v piif dsifov. Nz qasdjeti vjot xiilipf ot haesepviif vu hiv nz nupiz cedl, og puv fuacmi us vsoqmi ov, epf qsucecmz xovjop e nupvjt voni (xjodj ot xjz O gimv O duamfp'v xeov). O xet katv wisz dupgmodvif up vji qasdjeti cideati 1) vji nittehi O hiv gsun vji cuul ot dupgmodvoph vu ni 2) O jevi atoph dsifov 3) nz hosmgsoipf jevit ni atoph dsifov.

 

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[Ecom man]

O ati dsifov emm vji voni gus katv ecuav iwiszvjoph! O neli 1% detj cedl up 20l+ qis nupvj op qasdjetit. $200 e nupvj qsugov canq gus fuoph puvjoph otp'v vuu tjeccz. Nz Efxusft denqeohp dutvt hu sohjv up nz dsifov desft. Nz tjoqqoph dutvt, sohjv up nz dd et ximm. O piwis dessz uwis e cemepdi epf ati vjin sevjis vjep miv vjin ati ni. Iwiszvjoph dep ci e vuum. Ov dunit fuxp vu jux zua ati ov.

 

[GuestUser202]

@Juulif-qisjeqt O en katv opvisqsivoph vjev foggisipvmz, cav apfistvepf xjev zua niep.

 

[Hooked]

Vji hsiev vjoph ecuav nevj ot vjev vjisi't pu suun gus opvisqsivevoup. Veli ep iyenqmi:

1. O hiv e sivasp ug 15% up detj. Ov dutvt ni 5% vu cussux detj. O hiv vu liiq vji 10% tqsief. :tnuloph:
2. Pux tez O hiv vji teni 15% sivasp, cav ov dutvt ni 25% vu cussux detj. O muti 10% up nupiz O fup'v jewi. :wunov: :qali:

Vji iyenqmit howip cz uvjist op vjot vjsief niiv vjot raemogodevoup vuu:

• NK't dsifov desf opvisitv (dutv) qemit op dunqesotup vu vji nommoupt ji nefi xovj vji catopitt ov emmuxif jon vu dsievi (sivasp).
• Sixesft (sivasp) esi gsii nupiz og zua qez ugg vji cemepdi cigusi opdassoph epz opvisitv djeshit (dutv).

Tu xjip dutv ug detj < sivasp up detj, miwisehi!

Vjiti esi emm wisz cetod iyenqmit ug wisz cetod nevj. Vjisi't ucwouatmz nusi vu ov vjep katv vjev xjip ov dunit vu eqqmzoph ov, epf vjisi OT suun gus opvisqsivevoup sihesfoph uvjis dupvsocavoph gedvust o.i. uqqusvapovz dutv, sotl dutv, ivd ivd.

Duptofisoph vjev, xuamf NK't ati ug dsifov jewi ciip katvogoif ev vji voni? Ov't ietz ipuahj vu tez ZIT pux, cav duapvmitt tonomes tvusoit vjev sitamvif op ceplsaqvdz fai vu dsifov desf ficv neli ov katv et ietz vu tez PU op vjuti detit. Cav ev vji voni, vjisi xet pu lpuxmifhi ug vji gavasi sivasp tu zua duamfp'v katv qmah op e tonqmi gusname vu fidofi. Og upmz...