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Updated over 3 years ago,

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Allen ODell
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Interesting situation starting out on FI

Allen ODell
Posted

Hello there, I am looking for some advice about what’s the smartest path I can take for myself to get FI. Recently I have been guided to the podcast and I believe I can achieve this!

I’m currently looking at a very low 500 credit score. With bad credit decisions it has destroyed my financial situation. As I planned to come into huge equity gain from the sale of my house I already know the basic of getting back to zero with taking out all the debt and I have been able to reduce my spending immensely. For my career and living  situation, I have recently taking a huge pay cut to pursue a job in a field I love and I hope to have big growth in within a small company. Also relocated from NH to ME I’m living in an rv with just my dog. I am having trouble seeing the right moves to make financially but learning every chance I get from these podcast. Finding a place for the winter is a challenge with the low credit score and reasonable wage for the experience level. 

Going forward I think I will be able to swindle something to rent for the winter months. Limiting my rent to 800 which are slim pickings especially having a dog. I definitely keep an open-mind to staying cheap and whatever it takes to meet goals so I’m sure I’ll come across something reasonable. After that is figured out all I want to do is strive at my career and learn but especially fix my credit and use the cash to invest until I am able to get into a live a flip. Where the heck do I go from here!? Other than credit building accounts and being authorized on another’s credit card, are there any other paths I can take to speed up the process?

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