The Tai Lopez Show
About This Show
Show Info:
The Tai Lopez podcast brings you the best business education straight from the world's top entrepreneurs. I will also review the best books in heath, wealth, love and happiness that will help you achieve your maximum potential and live the best life possible.Read more »
The Tai Lopez podcast brings you the best business education straight from the world's top entrepreneurs. I will also review the best books in heath, wealth, love and happiness that will help you achieve your maximum potential and live the best life possible.Read Less
Most Recent Episode
How To Build 850 Credit Score While Staying in Ritz-Carltons For Free with Stephen Liao
7 days ago
·
41 minutes
“A high utilization rate hurts your credit score as much as missing a payment.” - Stephen Liao (click to tweet) Get unlimited access to 20,000+ free and premium classes at skillshare.com/tai Banks are willing to lend us credit cards. With these credit cards, our purchasing power increases. We are able to purchase the things we want, as long as we pay the bank back. But these credit card companies also incentivize us to purchase more with bonuses and gifts. So the question becomes: how can we use these free perks to pay off our credit cards? On today’s episode of The Tai Lopez Show, Stephen Liao teaches us how to sift through the world of credit card perks to be able to do just this. Stephen dropped out of Stanford to figure out the credit card game just a year ago, and today he has a credit-limit that exceeds $3 million spread across 220 different credit cards. If he’s not flying first-class, he’s on a private jet. And if he’s not staying at the Waldorf Astoria, he’s at the Ritz-Carlton. Tune in today to learn his secrets on building a good credit score! Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think! “Essentially, it’s legal money laundering. You pay off your credit card with cash equivalence, get your sign up bonus, and then pocket the $150.” - Stephen Liao (click to tweet) The more you LEARN, the more you EARN. Go to skillshare.com/tai to get 2 months for $0.99! Points to Keep In Mind Checking your credit for your own personal use does not hurt your credit Use Credit Karma to check credit VantageScore is less accurate than FICO score 850 is a perfect credit score Try to keep your credit card utilization under 9% Treat your credit limit as how much money you have Utilization rate, payment history, and derogatory marks affect your credit score Age of credit history factors in: oldest account and average age You can’t help your age of credit history Try to have an age of credit history over 9 years Try to have at least 21 lines of credit being reported Correlation does not imply causation when opening new credit cards For those under 18, get authorized on your parents/relatives’ cards to build rapport with banks Get Chase Freedom for first card $150 cash back for $500 spent 5% money back (MB) for an intermediate credit card You need a credit score of at least 600 to receive credit card perks Try to get status with each card (ex: Delta’s status for travel allows you to upgrade to first-class for free) If you’re in debt, look into Citi Simplicity to balance-transfer your debt (also, Chase Slate and Bank Americard) Want to learn a new skill? Get 2 months of Skillshare for just $0.99! Sign up at skillshare.com/tai!Read more »
“A high utilization rate hurts your credit score as much as missing a payment.” - Stephen Liao (click to tweet) Get unlimited access to 20,000+ free and premium classes at skillshare.com/tai Banks are willing to lend us credit cards. With these credit cards, our purchasing power increases. We are able to purchase the things we want, as long as we pay the bank back. But these credit card companies also incentivize us to purchase more with bonuses and gifts. So the question becomes: how can we use these free perks to pay off our credit cards? On today’s episode of The Tai Lopez Show, Stephen Liao teaches us how to sift through the world of credit card perks to be able to do just this. Stephen dropped out of Stanford to figure out the credit card game just a year ago, and today he has a credit-limit that exceeds $3 million spread across 220 different credit cards. If he’s not flying first-class, he’s on a private jet. And if he’s not staying at the Waldorf Astoria, he’s at the Ritz-Carlton. Tune in today to learn his secrets on building a good credit score! Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think! “Essentially, it’s legal money laundering. You pay off your credit card with cash equivalence, get your sign up bonus, and then pocket the $150.” - Stephen Liao (click to tweet) The more you LEARN, the more you EARN. Go to skillshare.com/tai to get 2 months for $0.99! Points to Keep In Mind Checking your credit for your own personal use does not hurt your credit Use Credit Karma to check credit VantageScore is less accurate than FICO score 850 is a perfect credit score Try to keep your credit card utilization under 9% Treat your credit limit as how much money you have Utilization rate, payment history, and derogatory marks affect your credit score Age of credit history factors in: oldest account and average age You can’t help your age of credit history Try to have an age of credit history over 9 years Try to have at least 21 lines of credit being reported Correlation does not imply causation when opening new credit cards For those under 18, get authorized on your parents/relatives’ cards to build rapport with banks Get Chase Freedom for first card $150 cash back for $500 spent 5% money back (MB) for an intermediate credit card You need a credit score of at least 600 to receive credit card perks Try to get status with each card (ex: Delta’s status for travel allows you to upgrade to first-class for free) If you’re in debt, look into Citi Simplicity to balance-transfer your debt (also, Chase Slate and Bank Americard) Want to learn a new skill? Get 2 months of Skillshare for just $0.99! Sign up at skillshare.com/tai!Read Less
Rated 5 out of
5
by
Henrik from
Amazing and insightful
This show is just great, always providing insightful ideas and life lessons. Tai reads a book per day and his show is basically about the nuggets of wisdom he gets from this, he is also a highly succesful business man so it provides an extra credibility to what he does
Date published: 2014-08-13
Rated 5 out of
5
by
peterhemmingsen from
Tai is a great mentor!
A listen to Tai when I'm in search of some some wisdom. He reads so widely that he had so many ideas to share across many discipline. Keep it up!
Date published: 2014-09-10
Rated 5 out of
5
by
BenAvanzato from
No Better Motivation Than My Brother
I am always listing to new motivational videos and audios, and there is still no one that can get me in the right mindset like my brother Tai.
Date published: 2014-05-17
Rated 5 out of
5
by
danielle_iey from
Where to Look: Eyes, Nose, Chin -- Insightful!
Good Podcast, Tai. I learned a lot from 'How To Read Body Language: The Art of Telling What's True'
Date published: 2016-05-30
Rated 5 out of
5
by
ChrisRennaissance from
So good
Always enjoy getting Solid information that leads to growth. Provides great encouragement.
Date published: 2014-07-02
Rated 5 out of
5
by
foxycontin from
provacative!
All tai's tips enable me to think outside my comfort box, that's hard to accomplish!
Date published: 2014-05-19
Rated 5 out of
5
by
zapgirl from
Best Show!
I listen to Tai Lopez every morning on my walk. 5*
Date published: 2014-07-16
Rated 5 out of
5
by
atljbo from
MAKE MORE $, BE HAPPIER, HEALTHIER. I must say ..
I was the skeptic, But as you know. Even Budda said it " we are all that we have thought " and well, what has that gotten me ?
I sell E commence , Ryan Moran turned me onto Tia. Ryan was talking about how to build Disruptors . TIA came in and BLEW ME AWAY !! BROKE it down like NO ONE !! I instantly Googled him and found the 67 day course he offers. PAID for it . OMG !!!
It has CHANGED MY LIFE !! Now 1 year later . I make SO MUCH more $, as
I now understand frameworks and structures of Economics. - what is MVP, VRIN factors, prieto inefficiency, 6 sigma etc.. Once these are in your brain
life will change ! I can now hold intelligent conversions with people who hold MBAs in Finance and Economics and this has just started in the direction I was l@@king for. Listen ! just trust, Tia he will bring the wisdom and knowledge of the greatest minds. Buffet, Darwin, Munger. Seneca, Sir Branson, the list goes on and on .... Yes you must do your home work as I NEVER read books before .. NOW I knock a book a week out. Tia brings you ideas and concepts from the greatest minds and achievers of all times. I WANT it !! and Tia has brought me
closer to just what he offers. Improvement in Health, Wealth Love and Happiness.
So as I knock off meeting my living mentors through conferences and such, TIA is the most positive life changing for me. I hope soon to meet Tia. Maybe some round ball, T time with T. O. will do ... Thank you ! j in the A..
Date published: 2017-06-15
