How to check and fix your credit score

11/24/20 • 20 min

Each week the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how to take control of your credit score. Hosted by Frances Cook.
Credit scores are important, but it can be hard to figure out how important they are in our part of the world.
A lot of personal finance advice comes from the United States, where their credit system is entirely different.
Trying to copy that here could see you spending a lot on credit card fees, with no reward.
So for the latest Cooking the Books podcast I talked to Tom Hartmann from Sorted, about how to understand our system.
We discussed what a credit score is used for, how you can check yours and whether you really need a credit card in order to have a good score.
If you have a question about this podcast, or question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here https://www.facebook.com/FrancesCookJournalist/ Instagram here https://www.instagram.com/francescooknz/ and Twitter here https://twitter.com/FrancesCook

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Previous Episode

How to find financial stability in an unstable world

Each week the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how to use your money to provide a safety net in a crazy world. Hosted by Frances Cook.
This year alone, we've had major wildfires in Australia and the US, we've had elections which caused big disruptions in some countries, and of course, who could go past the pandemic which has changed all of our lives in major ways.
There's still time left in 2020 of course, but I don't want to tempt fate.
To say it's unstable right now is an understatement, and it's causing many of us to rethink a few things.
One of those is of course, our money. When handled right, your money can provide a buffer between you and some of the scarier parts of the world.
It can cushion you, from the worst of the shocks.
Our guest today has written a book all about how you could do that, combining philosophy with personal finance advice for a truly unique perspective.
For the latest podcast I talked to Richard Meadows, financial columnist and author of Optionality.
We discussed how he had hit financial freedom, how the current instability changed things, and whether the average person could work towards financial independence.
If you have a question about this podcast, or question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here https://www.facebook.com/FrancesCookJournalist/ Instagram here https://www.instagram.com/francescooknz/ and Twitter here https://twitter.com/FrancesCook

See omnystudio.com/listener for privacy information.

Next Episode

How to start the money conversation with your partner

Each week the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how to start talking money with your partner, so that you can work together better. Hosted by Frances Cook.
Talking to your partner about money is more important than ever.
The economy is having a rough time, people are losing jobs, and then Christmas rolls around with the expectation that you spend a bunch.
If you're not talking to your partner about how you're handling these things, you can end up accidentally undermining each other.
But then, it can be a tricky conversation to have.
Egos get in the way, people have different ways of handling things, and conflict crops up.
The solution doesn't have to be that you ignore it and hope for better, though. You can have a better conversation, with a bit of strategy.
For the latest podcast I talked to money mentalist Lynda Moore
We discussed at what point in the relationship you should talk money, the low-pressure ways to start the conversation, and how much you should share with your partner.
If you have a question about this podcast, or question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here https://www.facebook.com/FrancesCookJournalist/ Instagram here https://www.instagram.com/francescooknz/ and Twitter here https://twitter.com/FrancesCook

See omnystudio.com/listener for privacy information.