3. Making Sense of the Power and Pitfalls of Credit Cards

11/24/23 • 30 min

Ever wondered how a small plastic card can hold such immense power over your financial decisions? On this week's episode of the FinServ Podcast, we take a deep dive into the world of credit cards. From sharing our own stories of grappling with our first credit cards, to the addictive ease of online shopping, we reflect on the insidious trap of overspending. We also spill the beans about the social pressures we've faced to keep up with our peers, and the pitfalls of juggling multiple credit cards.
But we're not just here to scare you away from credit cards! We'll also be equipping you with crucial knowledge about credit scores, timely payments and credit limits. Have you ever wondered about the difference between minimum payments and paying off the statement balance? We've got you covered. We're also revealing some tips like linking subscription services to a credit bureau. So tune in, and let's start making sense of the intricate world of credit cards together.
If you want more information on the FinServ Foundation, be sure to check out our website by clicking on the link below.
>>FinServ Foundation Website

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2. Networking and Building Genuine Relationships

Ever wondered if there's more to networking than just making connections? How about turning those connections into opportunities? In this episode of the FinServ podcast, join hosts Dr. David Rhoiney and Jamie Hopkins as they explore these queries and more, navigating the intricate maze of professional networking.
Weaving personal experiences with expert advice, we tread the fine line between networking and asking for favors. An interesting challenge we pose to you is to consider individuals in your network who've tasted immense success. What could you offer them? Networking isn't a one-way street, and it's crucial to show your worth and establish trust before seeking any favors.
Join us as we dive deep into the world of networking and building relationships, and together, let's broaden our horizons.
If you want more information on the FinServ Foundation, be sure to check out our website by clicking on the link below.
>>FinServ Foundation Website

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4. Breaking Barriers in through Lifelong Learning

In our recent chat, Jamie Hopkins and Dr. David Rhoiney, who are both armed with multiple degrees and an extensive understanding of the financial services industry, we discuss the idea of what it means to be a lifelong learner. They reflect on their own educational journeys and how they've forged our careers, highlighting the essence of continual learning and personal growth.
As we navigate the fast-paced world of the financial services industry, the need for continuous learning becomes more apparent. It's not enough to rely solely on degrees or certificates, but the real-life experiences and interactions with clients prove invaluable. We even toy with the idea of starting from the assumption that we are wrong, which encourages us to challenge ourselves further. We also dissect various methods of continuing education in this field, from self-paced online courses to live conferences.
It's undeniable that the landscape of work is consistently evolving, and relevant experience is more crucial than ever. We explore how technology has leveled the playing field, allowing the younger generation to compete even in industries traditionally dominated by experience. We also bring to the forefront the impact of social pressures on learning and the importance of being selective and committed to your reading choices. Wrapping up the episode, we touch on the power of networking and provide some candid advice on the importance of gaining work experience before pursuing further education.
If you want more information on the FinServ Foundation, be sure to check out our website by clicking on the link below.
>>FinServ Foundation Website