Young Smart Money HOSTED BY APPLE CRIDER 🍎 is a Business and Entrepreneurship podcast 🎙 for young entrepreneurs 👶 that contrasts the experiences of startup founders 📈 and social media influencers 📲📷 to help you understand the key differences and determine which appeals to you (if either). 🤷‍♂️💸 Follow along with all things YOUNG SMART MONEY 👶🧠💸 and APPLE CRIDER 🍎 on Instagram @AppleCriderOfficial. Please subscribe to Young Smart Money on iTunes 😍📲 &amp; leave a 5-star review if you gained value from the podcast. ⭐⭐⭐⭐⭐ P.S. I appreciate y&#39;all! 😜

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/30/15/16b22012-5850-4159-9f79-d352526f8a44_the_financial_wolf_podcast.mp3

The Financial Wolf is one of the fastest growing YouTube creators in the make money online niche at only 18 years old. Today we are sitting down with Will a.k.a The Financial Wolf to talk YouTube growth, side hustle ideas, and the future of his YouTube channel. Enjoy! Add us on Instagram!TheFinancialWolfAppleCriderOfficial Will&#39;s YouTube channel blew up last year when a video called &#34;I Sold Candy At School For 1 Week&#34; got almost 1 million views. Since this video took off, Will has doubled down on his YouTube channel while still being in high school and has been able to scale his channel to over 60,000 subscribers. At the same time, he has continued to try out different methods of making money for teenagers beyond selling candy at school. Financial Wolf has had success with Shopify dropshipping, reselling, vending machines, and a host of other side hustles. While pursuing these make money strategies for teenagers, Will has been able to make over $60,000 before turning 18 and document the entire process on his YouTube channel, Financial Wolf. Teenagers and other students have been drawn to how real Will is in sharing the ups and downs of his different side hustles and being a genuine and relatable teenager himself. In this podcast interview, Will shares how he was able to make money as a teenager and grow his YouTube channel so quickly. He also breaks down why he succeeded in some businesses like dropshipping, but failed in others like running a social media marketing agency. Enjoy! TIMESTAMPS(if you use these you gotta subscribe...I don&#39;t make the rules)0:00 Intro0:33 The Financial Wolf and Dave Ramsey1:45 Making $2k Per Month At 155:50 Struggles &amp; Failure9:55 Vending Machines12:35 The Financial Wolf YouTube Channel20:05 Selling Candy At School22:00 Goals &amp; Future Plans26:00 Financial Wolf&#39;s Income Streams28:00 Question From <a href="https://studio.youtube.com/channel/UCrGDhgrJH1G9CVHY1krv5lQ" rel="nofollow"> @Jake Carlini </a>33:00 What Makes The Financial Wolf Special36:30 Who FInancial Wolf Looks Up To39:00 Words Of Wisdom39:34 Outro

Confronting Financial Wolf | How He Made $60,000 Before 18

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/25/17/189517ff-90e1-40cb-8815-31ca164230ca_audio_-_i_found_the_5_worst_credit_cards_for_2021.mp3

These are THE WORST credit cards you will ever find. After spending hours searching through the darkest corners of the internet, these 5 credit cards are hands-down THE WORST in existence. Add me on Instagram! - AppleCriderOfficial Not all credit cards are created equal. Some can be great tools for scoring free travel or getting rewarded for spending you were already doing. BUT some credit cards are absolutely terrible and should be avoided like the plague. These credit cards charge their user&#39;s hefty fees for things they don&#39;t need and provide TERRIBLE customer service and support. Many of the companies on this list have BBB and TrustPilot profiles full of complaints from people who were unable to close their card once they realized how bad it was. Many of the cards on this list are what&#39;s known as Fee Harvesters. That means they&#39;re going to charge you annual fees, monthly fees, application fees, activation fees, and many more. SO that by the time you actually get a card like the First Premier Bank Gold Card, you will have already paid hundreds of dollars to First Premier and have noting to show for it! If you&#39;re trying to rebuild your credit, it can be easy to get sucked in by these companies promising you a way to do it, but I can tell you there are so many better ways to rebuild your credit than working with one of these companies. In fact, I have multiple videos on just this topic that will provide you with a list of MUCH better alternatives to choose from. Enjoy! NO CREDIT CHECK CREDIT CARDS: https://youtu.be/wKrx5HCTCEcWHAT TO DO IF YOU HAVE ZERO CREDIT: https://youtu.be/uTlOvy62mYI TIMESTAMPS(if you use these you have to subscribe...I don&#39;t make the rules)00:00 - Intro00:45 - #5 Mastercard Gold Card02:58 - #4 Horizon Credit Card04:41 - #3 Credit One Platinum Card07:34 - #2 Continental Finance Mastercard10:08 - #1 First Premier Bank Gold Card14:37 - Outro DISCLAIMER: The views and opinions expressed herein are those of the author and do not necessarily reflect the legitimacy of these companies. Many elements have been exaggerated for comedic effect. Do your own research and come to your own conclusion. For entertainment purposes only!

I FOUND THE 5 WORST CREDIT CARDS FOR 2021 | NEVER DO THIS

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/18/15/159aa84e-893b-4a26-a21c-96aab47949c9_audio_-_what_to_do_if_you_get_rejected_for_a_cc__call_recon_.mp3

Getting rejected for a credit card sucks. But fortunately, you can still get approved for a credit card even if you were initially rejected. In this video, I&#39;ll break down how I was able to get approved for 4 credit cards that I was initially rejected for. Add me on Instagram! - AppleCriderOfficial I&#39;ve been rejected for my fair share of credit cards (at least 6), but of those, I was able to get 4 of the rejections reversed and actually get approved for the credit card on the spot. I was able to do this by calling up the credit card&#39;s reconsideration line and making a case for why I should be approved. A credit card reconsideration line is exactly what it sounds like, a number you can call if you want to be reconsidered for a credit card. Most banks have a recon line that you can call and the process is pretty straightforward. But, you need to know what to say when you call recon. In this video, I&#39;ll give you a script to use when calling a bank&#39;s reconsideration line as well as some of the most common reasons why you might get rejected for a credit card and how to prevent these. By the end of the video, you&#39;ll be fully prepared to call the recon line. make your case for why you should be approved for a credit card, and reverse that credit card rejection you got. TIMESTAMPS 00:00 - Intro00:37 - What To Do If You Get Rejected1:02 - The Reconsideration Line04:18 - Reasons You’ll likely Get Rejected08:10 - Things To Never Say10:20 - Outro

What To Do If You Get REJECTED For A Credit Card [step-by-step]

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/20/11/eb82e766-5e62-4db9-ae84-b6413226be74_audio_-_the_5_best_credit_cards_for_students_in_2021.mp3

Building your credit as a college student is huge, and thankfully there are a ton of good credit cards for college students! Unfortunately, there are also a ton of bad credit cards marketed to college students that you&#39;ll want to stay far away from. Add me on Instagram! - AppleCriderOfficial In this video, we&#39;ll be going over the best credit cards for students in 2021. College students have way more options than they realize when it comes to choosing a first (or second) credit card, and some of these options flat out suck. There are a bunch of predatory companies targeting college students for credit cards that will hit them with ridiculous fees and make their lives terrible. But at the same time, there are some amazing student credit cards out there that will let college students build their credit and rack up rewards at the same time. In order to make it on to the list of best college student credit cards for 2021, each credit card had to have:1) No fees2) Easy approval for college students3) Good rewards potential All of the best credit cards for students meet these criteria and some go way above them. Additionally, if you stick around until the end, I&#39;ll share with you a pro tip you can use to build your credit FAST as a college student so you can become eligible for a host of amazing credit cards. Enjoy! TIMESTAMPS(if you use the timestamps, you gotta subscribe...I don&#39;t make the rules)00:00 - Intro00:37 - Criteria For A Good Student Credit Card00:54 - #5 Tomo Credit Card03:09 - #4 Journey Student Rewards Capital One07:49 - #3 Bank of America Cash Rewards For Students10:38 - #2 Chase Freedom Student14:38 - #1 Discover IT Student Cash Back17:50 - Bonus Pro Tip19:13 - Outro

The 5 BEST Credit Cards For Students in 2021

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/17/9/1519f8b9-1c8d-4a6f-bee1-b51cad5dc55f_audio_-_why_you_should_never_cancel_a_credit_card.mp3

If you are thinking about cancelling a credit card, you are likely making a big mistake. When you cancel a credit card, you immediately hurt your credit score in a big way. In this video, I&#39;ll break down what you should do instead to build your credit score. Follow me on Instagram! - AppleCriderOfficial If you have a credit card that you no longer use, you might have thought about cancelling it. I&#39;m here to tell you that this would be a very bad idea. Building your credit score is a process that takes a long time and one misstep can have a huge impact. Cancelling a credit card is a massive mistake because it negatively impacts all 5 of the criteria that make up your credit score. For a full breakdown of those, check out this video: https://youtu.be/yB-iv6zSsMM Fortunately, there&#39;s a much better solution than cancelling your credit card that is easy to do and will end up boosting your credit score in a big way. Now if you have a credit card with no annual fee that you are thinking about cancelling, just don&#39;t. There is no reason to cancel a credit card that is not costing you anything because keeping it open and just sticking it in your freezer will keep your credit score increasing without needing to do anything. However, if your credit card has an annual fee, then there is some action you need to take. There&#39;s no reason to pay an annual fee on a credit card that doesn&#39;t benefit you anymore, so cancelling the thing could seem like an appealing option. But, you don&#39;t want to do this because it&#39;s going to hurt your credit score. The better solution is to downgrade your credit card instead. Most people don&#39;t realize that many credit cards from big banks exist on a ladder. At the bottom of the ladder are no-fee credit cards that don&#39;t earn much for rewards. Then as you move up the ladder, you see cards that will earn you more rewards, and charge higher fees. Most banks allow people to move along the ladder and either upgrade to better card or downgrade to worse cards by simply calling them up. In this case, you&#39;ll want to downgrade your cards instead of cancelling them. But, before you rush into downgrading a card, there are a number of important rules you&#39;ll need to follow including a specific timeline for exactly when you should downgrade it. In most cases, if you try to downgrade a card too early, you&#39;ll end up getting flagged by the bank for suspicious activity and may even end up getting your account shut down. So stay tuned as we break down exactly how to downgrade a credit card the right way. Enjoy! TIMESTAMPS 00:00 - Intro00:34 - The Problem With Cancelling Credit Cards01:00 - Effect On Credit Score01:42 - Payment History02:36 - Credit Utilization03:32 - Age Of Accounts04:30 - The Better Solution06:41 - Step-By-Step Timeline09:27 - How To Do It?11:38 - Outro

Why You Should NEVER Cancel A Credit Card

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/14/19/1e32166f-da4b-4161-be9a-9d43def30eb5_audio_-_credit_karma_review.mp3

Credit Karma is a free service for checking your credit score. However, Credit Karma also has a host of features that can end up saving you some significant cash. In this Credit karma review, I&#39;ll break down how you can use Credit Karma for the greatest effect. Add me on Instagram! - AppleCriderOfficial Most people have heard of Credit Karma before, but most people don&#39;t know how to use Credit Karma to increase their credit score. By fully taking advantage of Credit Karma, you can significantly boost your credit score and in turn, save tens of thousands of dollars throughout your life. Over the last 3 years, I&#39;ve been able to use Credit Karma to build my credit score from zero to over 800! In this video, I&#39;ll break down exactly how I did it and how you can do the same. One complaint that many people have with Credit Karma is that the credit scores shown are inaccurate and that you&#39;re better off using a service like MyFICO. This is incorrect, and the credit scores on Credit Karma are in fact accurate. However, Credit Karma calculates a VantageScore as opposed to a FICO score. These are two different formulas used to calculate a credit score and both use the 300 - 850 scale. Most lenders will typically pulla FICO score when you&#39;re applying for a loan, but some will also use a FICO score. Fortunately, both scoring models use the same credit score criteria, so when you improve one, you&#39;re likely also improving the other. This is why when you apply for a loan or credit card and compare the credit score you get from the bank with your Credit Karma credit score, there may be some differences. This is not going to be a big deal for most people as the scores will likely be within a few points of each other. Plus Credit Karma is free, which is a big plus over services like MyFICO. TIMESTAMPS 00:00 - Intro00:14 - So What Does Credit Karma Do?00:34 - Credit Karma Features04:38 - How Does Credit Karma Make Money?07:11 - So How’s This Gonna Save Me Money?08:57 - Outro

How Credit Karma Can Save You $12,394 | Credit Karma Review

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/11/13/5906c651-8d28-4362-b65d-1a1bad54a95a_audio_-_increase_credit_score.mp3

In this video, I&#39;m breaking down exactly how you can grow your credit score to 800 and above in no time. There are a number of strategies that I have used to quickly increase my credit score over the last few years and today I&#39;m going to show you exactly how I went from 0-800 FAST. Add me on Instagram! - AppleCriderOfficial Increasing your credit score is crucial, especially for people in their 20s who are looking to secure a solid financial future. I started building my credit when I was 18 and by the age of 20, my score had reached over 800. The strategies that I used to create this big credit score increase aren&#39;t difficult, but they&#39;re also not very popular. There are 5 key credit score criteria that you need to optimize in order to build your credit score. In this video, I&#39;ll be breaking down each of these criteria as well as providing actionable strategies that you can use in order to improve each aspect of your score. If your goal is to reach an 800 credit score in 2020 or 2021, this video will give you the tools and strategies that you need in order to be successful. Having an 800 credit score can open so many doors for you. From better rewards credit cards, to lower interest rates on loans, to getting funding for your business, building your credit score is an extremely worthwhile activity. Learning how to increase your credit score FAST will put you on the fast track for financial success and build a solid foundation for the future. Enjoy! FREE TRAVEL WITH CREDIT CARDS: https://youtu.be/LjT3SuO9KqYBUSINESS CREDIT CARDS: https://youtu.be/kHIhzu36o4k TIMESTAMPS 00:00 - Intro00:41 - Increasing Your Credit Score02:51 - Payment History06:02 - Credit Utilization09:43 - Age Of Accounts12:59 - Number of Accounts15:32 - Credit Inquiries18:03 - Bonus Strategy21:10 - Outro

How To Increase Your Credit Score To 800+ FAST

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/9/17/67f3d5a0-e127-4849-8741-57f1a8ae2379_why_im_leaving_robinhood.mp3

Robinhood has crossed a line...well a number of lines. I&#39;m leaving Robinhood and never looking back. In this video, I&#39;ll break down the 4 reasons I&#39;m pulling my money out of the popular investing app. Add me on Instagram! - AppleCriderOfficial I started investing with Robinhood back in 2017 and was initially really excited about the prospect of a commission-free trading platform. Before switching to Robinhood I was using Fidelity and paying $4.95 every time I wanted to buy or sell a position. The first few months of using Robinhood went well, but later in 2017, the problems with Robinhood started to pop up. The first thing that became apparent to me was Robinhood&#39;s reckless business practices. After signing up for the service, the SEC fined Robinhood $1.25 million because Robinhood did not tell investors that they were selling their order flow. Personally, I didn&#39;t assume that this was malicious, just that Robinhood was following the Silicon Valley mentality to &#34;move fast and break things&#34; and disclosing their business model to investors wasn&#39;t a top priority. However, when I&#39;m holding thousands of dollars at an online brokerage, I&#39;m not sure that I want them to be moving fast and breaking things. Then came the outages. In the beginning of March 2020, there were 2 significant outages that caused users not to be able to log on to their Robinhood accounts for multiple days. As a long-term investor, this didn&#39;t impact me too much, but these were some of the best trading days in some time and to be totally locked out from them is a big deal to active traders on Robinhood. Since these March outages, there have been 50+ additional Robinhood outages. Not great. Next comes the gamification. Robinhood&#39;s use of confetti and bright colors has armed a new fleet of young men with all of the tools they need to become ineffective day traders. It&#39;s been shown time and time again that inexperienced day traders that don&#39;t trade for a living consistently lose money over the long-term. The traders on the other side of many of these Robinhood trades are sophisticated traders who are able to profit from the inflows of new money to the markets from Robinhood users. This trains younger people to think of the stock market as a gambling machine and a losing game which is not something I&#39;m about. Last big strike is the hacks. Recently, around 2,000 Robinhood accounts were hacked and drained of all the cash within them. Robinhood&#39;s support was unable to help users who saw unauthorized transfers out of their Robinhood accounts and has yet to provide any solution to these Robinhood users who are currently out thousands of dollars. So I&#39;m leaving. And I&#39;m moving all of my investments over to Fidelity. As a time-tester brokerage that already holds my retirement accounts, I figure it just makes sense to consolidate all of my investments over there. Fidelity has the core features of Robinhood that I like: fractional shares, commission-free trades, DRIP and will get the job done for me. Now it&#39;s up to you whether you want to keep investing with Robinhood, but I&#39;d recommend you to stay on top of the news as it relates to the places you keep your money. You worked hard for it after all! TIMESTAMPS 0:00 Intro0:35 What Robinhood Did Well1:46 Robinhood&#39;s Reckless Business Practices3:53 Robinhood&#39;s Repeated Outages5:56 Robinhood&#39;s Gamification of Investing10:10 Robinhood&#39;s Repeated Hackings12:23 Where I Am Moving My Money14:07 Outro

Why I'm leaving Robinhood

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/6/13/14a7c247-ac69-4f69-a915-e638c6f41587_audio_-_how_i_flew_to_thailand_for__20.mp3

No this is not clickbait, and yes I did fly from Minneapolis MN to Bangkok Thailand for the cost of a couple of Chipotle burritos. Add me on Instagram! - AppleCriderOfficial In this video, I’m going to break down exactly how I did it and give you a simple 5 step framework you can follow to score yourself super cheap plane tickets to travel around the world when you want for the rest of your life. Plus, if you stick around until the end, I’ll show you where to find some of the best deals around when it comes to “almost free” travel. Sound cool? Let’s dive in. So I graduated from college about a year ago and I knew that once I graduated I wasn’t looking to get a job. I’d been running businesses throughout college and once I’d gotten a taste of doing my own thing, I knew there was not a chance I’d be giving that up. So when November rolled around and I was about a year away from graduating, I started to think about where I wanted to live and realized that I really had the potential to live anywhere. I decided that Thailand was as good a place as any to start and within a week I had a one-way ticket to Thailand booked for after graduation that only set me back $20. To get this plane ticket, the trick was credit card points. Now I think a lot of people have a negative association with credit cards and for good reason. Believe it or not, I think most people would do well to avoid the credit card rewards game because it can be very dangerous if you don’t know what you’re doing. But, if you can practice a decent amount of self-control and follow a few relatively simple guidelines, it’s not at all difficult to replicate what I did. So if you’re still with me, let’s dive into the 5 step blueprint for securing your own $20 ticket to anywhere in the world. The reason this kind of traveling is “almost free” is because the airlines will let you buy your entire plane ticket in points, but they’ll make you pay the taxes in cash since Uncle Sam doesn’t accept frequent flier miles. The bonus I got from my United Explorer was more than enough to cover my ticket to Thailand and only pay $20 in taxes, and through my other credit cards, I had more than enough points to get home. COMMENT BELOW with where you would go if you could travel &#34;almost free&#34; with credit card miles! TIMESTAMPS 00:00 - Intro01:23 - Background02:08 - Step 1: Have A Decent Credit Score03:05 - Step 2: Pick Your Airline (or don’t)05:02 - Step 3: Find Your Card06:42 - Criteria #1: Willingness To Pay An Annual Fee08:12 - Criteria #2: Ability To Meet Sign Up Bonus09:08 - Step 4: Meet The Sign-Up Bonus10:44 - Step 5: Rinse &amp; Repeat11:58 - Outro

How I Flew To Thailand For $20

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/14/15/f41391fc-f318-41db-a743-fee9705233d9_how_to_buy_a_730_credit_score.mp3

Now in general, I’m not a fan of paying for a credit score and generally think it’s best to just be patient and build it over time. But I think it might make sense for some people who are thinking of applying for a significant loan or mortgage in the near future. So in this video, I’m going to break down how you can buy a 730+ credit score with only about $25. Add me on Instagram! - AppleCriderOfficial So if you’ve heard anything about buying a credit score before, you’ve probably heard of buying tradelines. I give that a big thumbs down because you’re essentially paying someone to add you to a line of credit that they have had established for a while. These are deceptive, can cost thousands of dollars, and may sometimes qualify as bank fraud. So let’s steer clear of that. Instead of potentially committing a crime, I’m going to fill you in on a way to “buy” a credit score that is 100% by-the-books and approved of by banks as a legit way to establish your credit. This is by reporting your bill payments to the credit bureaus. Your credit score is largely a measure of your ability to make on-time payments (this makes up 35% of your credit score), so many banks are willing to take your cell phone payment and utility bills into account when calculating your score. This can be an ideal solution for people in the Dave Ramsey “credit cards are evil” camp because it allows you to build credit without the use of credit cards or the potential to get into debt. Now, you personally can’t just start editing your credit report and adding your Netflix payment to your credit report, but there are a number of companies that will allow you to do just that. One of them is a completely free option, and the other is going to run you $24.95 per year. The free option is Experian Boost and it is a service provided by the credit bureau Experian to “boost” your credit score by linking to your bank account, finding the monthly bills you pay and subscriptions you are on, and reporting these on your Experian credit report. These are only going to show up on your Experian report and not on your TransUnion or Equifax reports. So if you’re in the market for applying for a loan, it might be worthwhile to ask the lender which report they’ll use before you sign up for Experian Boost. But what about the downsides? Well, Experian Boost only reports positive payments which might seem like a good thing but lenders aren’t a huge fan of this. Imagine if every time you paid late on a credit card or went into default you could just opt out of putting that on your credit report. Kinda makes the whole system not very useful. So some banks don’t value Experian Boost as highly as typical on-time payments. The paid option for increasing your score is similar but likely to have a bigger impact. This is called eCredable. eCredable is going to work with your TransUnion report instead of your Experian report and is generally looked at more highly by lenders. That’s because they don’t plug into your bank account. Instead, eCredable plugs into your utility and phone bill accounts to track your payment history. As a result, they’re going to be reporting on-time payments as well as late payments so lenders will know they’re getting the full picture. Additionally, eCredable pulls back the last 24 months of payments across an unlimited number of accounts which can have a really big impact for someone with low-or-no credit. On their site, they estimate that a person coming in with no credit could see their score jump to over 730 with only 3 bills that they have paid on-time for 12 months. That’s a huge jump and enough to make you eligible for many of the best rewards credit cards out there. In the end, I think that both of these services have a use case for people who need to build their credit from scratch and are looking for a better option than a predatory credit card. Experian Boost is free and the biggest downside is that it won’t impact your score at all, so if you’ve got a thin credit file and pay bills from your bank account, it might be worth it to take a couple minutes to sign up and see what happens. eCredable does cost $25 per year which is more than zero, but if you are planning on applying for a loan relatively soon, paying $25 to boost your credit score by a potentially significant amount could end up saving you thousands of dollars or more. Personally, I don’t use either of these nor am I incentivized to get you to sign up, but I do think they make much better options than buying tradelines or paying someone $200 to remove a credit inquiry off of your report. TIMESTAMPS 0:00 Intro0:40 How NOT To Buy A Credit Score1:30 How Buying A Credit Score Works3:00 The Free Option (Experian Boost)5:10 The Downside Of Experian Boost6:55 The Paid Option (eCredable Lift)8:25 How To Boost Your Score To 700+9:30 Who Should Use This Strategy?10:45 Other Routes For Increasing Your Credit Score11:40 Outro

How To Buy A 730+ Credit Score For $25!

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/13/17/ac1fde3e-dec6-46b0-8552-5a7b4185e3f6_what_you_must_know_about_tomo_credit.mp3

in this video I’ll be diving deep into the no-credit-check Tomo Credit Card and give you the full picture and why you might want to tread lightly around this credit card company. Add me on Instagram! - AppleCriderOfficial So I interviewed one of the co-founders, Kristy Kim, back in mid-2019. Since then they’ve gone on to go through the Barclays Accelerator (powered by TechStars), raise a few million dollars, and build a team of a dozen or so people. All that to say that although this is a newer company, they’re not totally fly by night. You’re not going to find Tomo Credit listed on BBB though, that’s largely due to the fact that they only Now I’m a big fan of the core offering of Tomo core offering, however, there’s a pretty significant issue that I see when it comes to the longevity of this company. Most of you know that the offering consists of a no-credit-required credit card that does not run a hard inquiry on your credit report. This is typically only a feature you will see with secured credit cards, but this is not (technically) a secured credit card. How the Tomo Credit Card works is by evaluating other factors like your employment and bank account balance and activity to determine your financial behavior and if you’d be a good fit for the card. This means they aren’t even looking at your credit so no credit pull is necessary. Now once you get approved for the card, this is where things really start to get interesting. One of the card’s big claims to fame is that they don’t charge interest, and this is true. There will be no interest rate on your Tomo Credit card. So like I said, your Tomo Credit Card isn’t going to behave like a credit card and that’s because it’s a charge card. Except with a charge card, you generally won’t have a limit and your payment will be due every month. With Tomo, you do have a limit and your payment is due weekly. You also won’t see any late fees like you would with charge cards. That’s because your Tomo Credit Card will be set up to automatically pay itself off every 7 days. So so far it seems like we’re looking at wins all around for the Tomo Card, so what’s the catch? Well no late fees and no interest seem awesome for beginners with building credit, there are actually a couple of reasons why this might not be such a great thing. This comes back to the business model of credit cards. Credit card companies typically make money in three ways: interest paid by consumers, fees paid for things like late payments balance transfers and annual fees, and the small fee that merchants are charged when they accept credit cards. According to the Consumer Financial Protection Bureau, the majority of these revenues come from the interest that credit cards are charging, which makes sense with the average interest rates at 18% and the average American carrying over $6,000 in credit card debt at any given moment. Tomo Credit has essentially cut off the two most profitable revenue streams available to them and now relies 100% on the swipe fees that make up the vast minority of revenue for most credit card issuers. So this leads to one of my main concerns with Tomo Credit, as it stands now, their business model doesn’t make sense. They would need so many of these cards in circulation being used extremely regularly just to break even, and that is not the case today. The typical interchange fee that credit card issuers receive can vary from 1% on the low end all the way up to 3% on the very high end. For example’s sake, let’s say that Tomo is getting 2% from all transactions. This is their only revenue stream. They are also paying anywhere from 1% - 20% cashback to their users which could potentially result in negative cashflow on each transaction if enough people were earning the higher rates (you earn a higher rate by referring friends). On top of that, processing and relationship fees can eat out another 15% of their interchange, fraud and losses will eat up a few more percentage points of their revenue, and then they’ve got to have enough left over to pay their people (they just hired another developer in San Francisco for $85k - $150k) and spend on marketing. TIMESTAMPS 0:00 Intro0:25 Background On Tomo Credit1:20 The Tomo Credit Card2:35 Why The Tomo Credit Card Isn&#39;t A Credit Card3:55 What&#39;s The Catch?5:45 Problems With Tomo&#39;s Business Model9:00 Future Potential Changes To Tomo9:55 How Tomo Might Respond To My Concerns10:55 Another Concern On The Tomo Credit Card12:25 Advice To Those Considering The Tomo Credit Card13:20 Outro

What You MUST Know About The Tomo Credit Card

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/6/1/dbb015b7-8951-428d-b5df-c1591c624937_audio_-_5_money_mistakes_to_avoid_in_your_20s.mp3

These are the Top 5 WORST Money Mistakes to avoid in your 20s. If you can avoid these money traps as a college student and into your 20s, you&#39;ll be able to set yourself up for long-term financial success. Enjoy! Add me on Instagram! - AppleCriderOfficial In this video, I&#39;ll be breaking down the 5 largest mistakes that I see people in their 20s making on a regular basis. While I was a college student, I saw tons of my peers falling into these money traps and severely hurting their finances from a few simple mistakes. Fortunately, it&#39;s very easy to avoid these mistakes and instead form good financial habits in your 20s. By the end of this video, you&#39;ll have a blueprint you can follow for how to be good with money in your 20s and beyond! If you have any additional money mistakes you think I missed, or you disagree with any of them, let me know in the comments! I&#39;m always curious to hear what you think :) TIMESTAMPS 00:00 - Intro00:30 - Not Taking Risks02:09 - Buying A New Car05:01 - Burning Through Savings07:43 - Living Above Your Means11:05 - Not Investing13:50 Outro

5 WORST Money Mistakes To Avoid in Your 20s

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/9/15/e0b9054f-1635-4302-9ef6-1dc2c9e01432_joe_biden_tax_plan_explained.mp3

Joe Biden&#39;s tax plan, while tailored specifically to increase taxes for the wealthy, will almost certainly impact your tax situation. In this video, I break down the full implications of Joe Biden&#39;s proposed tax plan and what that means for you. Add me on Instagram! - AppleCriderOfficial With Joe Biden&#39;s stance on taxes being quite a bit different from Donald Trump&#39;s we can expect some significant changes in tax policy during the next administration. In general, this means higher taxes across the board but specifically targeted at high-income earners. Joe Biden&#39;s tax plan specifically identifies individuals making $400,000 or more as high-income earners and these individuals will take most of the increases in individual income tax. Some high earners will even see their combined marginal tax rate rise to over 60%, the highest we have seen since the 1980s. However, there are also a number of changes likely to come to investment taxes, gift and estate taxes, and corporate taxes that will impact those not making $400k or more. Under Joe Biden, capital gains rates will almost certainly rise for individuals making over $1 million per year. These folks will likely see their capital gains rates rise to their income tax rates, resulting in a potential sell-off in the markets as investors lock in lower capital gains rates. At the same time, Biden has stated he would like to lower the gift and estate tax exemption from over $11.5 million down to $3.5 million. The top gift tax bracket would also rise from 40% to 45%. There are also a number of changes likely showing up in the step up in basis rule that would eliminate this feature of the tax code and corporate income taxes that would result in large companies paying more in taxes. In addition, there are a number of additional credits and deductions that Biden hopes to expand including the child tax credit and childcare tax credit. Most of the credits on Biden&#39;s agenda would aim to benefit lower-income earners. TIMESTAMPS0:00 INTRO0:46 Disclaimer0:58 Changes To Individual Income Taxes2:20 Changes To Social Security Taxes3:15 60% Marginal Tax Bracket Example4:42 Other Changes To Individual Income Taxes5:44 Changes To Capital Gains Taxes7:14 Eliminating Step Up In Basis8:36 Changes To Gift and Estate Taxes9:55 Changes To Corporate Income Taxes12:25 Proposed Tax Breaks From Joe Biden12:40 Child Tax Credit13:33 Childcare Tax Credit14:00 Other Proposed Tax Breaks15:09 Outro

Joe Biden's Tax Plan Will Raise Your Taxes (Full Explanation)

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/10/26/15/1a08842f-4a79-4e40-889c-c3b5cfcd8e54_ryan_scribner_s_top_10_financial_tips_-_audio_with_pre-roll_and_mid-roll.mp3

Ryan Scribner was one of the first personal finance YouTuber&#39;s to make it big. Through spreading financial tips and investing strategies, Ryan was able to establish himself as a leader on the platform. Today we&#39;ll be diving into Ryan Scribner&#39;s Top 10 Financial Tips! Add me on Instagram! - AppleCriderOfficial In this video, we&#39;ll be highlighting some of Ryan Scribner&#39;s top financial tips for people in their 20s. While these tips don&#39;t just apply from the ages of 20 - 30, they are tailored towards younger people who are just getting started out on their journey into personal finance. Growing up, it&#39;s tough to find high-quality personal finance information. If you&#39;re not lucky enough to be born to parents that have their finances figured out, you&#39;re kinda just on your own. It&#39;s made even harder to find valuable information given the surge of bad actors giving out BS information in an effort to convince you that your hard-earned cash would be better off in their pocket. As a 26-year-old who has created significant online income streams and makes YouTube videos for a living, Ryan&#39;s words have a lot of weight behind them. He&#39;s clearly not just another fake guru blowing smoke and trying to sell you on a course. While he does sell courses, they are on subjects he knows extremely well (investing and affiliate marketing) and his business model does not revolve around shoving these down people&#39;s throats. Ryan is a powerhouse of content, which is why I decided to make this video. With over 350 videos published to date, it would take months if not years to fully dig through Ryan&#39;s content. So in this compilation video, I went ahead and rounded up 10 of the cornerstones of Ryan&#39;s personal finance philosophy to share with you. Timestamps for each tip, are down below. So, once you&#39;re done with the video feel free to take a deeper dive into any of them! And for goodness sake, if you&#39;re not already subscribed to Ryan go subscribe! P.S. don&#39;t forget to smash the like button for the YouTube algorithm ;) 00:00 - Intro01:21 - Create Passive Income02:28 - Saving = Losing04:45 - Invest in Assets07:03 - Don&#39;t Look Rich09:52 - Don&#39;t Follow The Herd11:21 - Look At Both Sides Of The Equation14:44 - Use Optimal Investing Accounts16:25 - Be Wary of Optimism17:29 - Small Consistent Actions19:31 - Final Thoughts

Ryan Scribner's Top 10 Financial Tips

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/3/10/3f0e5ce5-8c1b-4d0b-80c1-d47ac4d6107e_audio_-_how_to_open_a_roth_ira.mp3

Opening a Roth IRA is hands-down the smartest financial decision a person can make in their 20&#39;s. However, the question of how to open a Roth IRA stops many investors in their tracks. By the end of this Fidelity Roth IRA tutorial, you&#39;ll have a step-by-step blueprint for exactly how to open a Roth IRA account! Add me on Instagram! - AppleCriderOfficial By opening a Roth IRA at a young age, you can set yourself up for long-term financial success. That&#39;s because of the numerous tax advantages that Roth IRAs offer to investors. If you play your cards right, opening a Roth IRA could allow you to pay no taxes on your investments! But when it comes to how to open a Roth IRA, there are a ton of Roth IRA providers out there to choose from. It&#39;s important to think carefully about this choice because not all Roth IRAs are created equal! Some Roth IRA providers will have strict fees and minimums that will eat away at your retirement account. Other IRAs will force you to mail them a check just to make a deposit! Personally, I opened my Roth IRA with Fidelity because they offer a Roth IRA with no fees or minimums and provide the greatest investment selection out there. In this video, I&#39;ll be walking you through exactly how to open a Roth IRA with Fidelity.  Opening a Fidelity Roth IRA is a painless process that takes under 5 minutes and will get you up and running with a retirement account quickly. Compared to many of the other Roth IRA providers out there, Fidelity Roth IRAs come out on top due to the longevity of Fidelity and their history of providing low-cost options for investors. Feel free to drop a comment with any questions about how to open a Roth IRA that I missed and I&#39;d be happy to help out! Roth IRA Explained - https://youtu.be/Htc9Sk-XXGkRoth IRA vs. Traditional IRA - https://youtu.be/gcekCrBAQaI TIMESTAMPS 00:00 - Intro00:46 - What is a Roth IRA?02:32 - What should I look for in a Roth IRA provider?04:38 - Who are my Roth IRA provider options?07:31 - How To Open a Roth IRA Step-By-Step With Fidelity09:27 - Final Thoughts

How To Open A Roth IRA

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/5/14/83b62949-7e2a-4166-b715-4d84f6975cf2_chase_ink_preferred_why_i_got_rejected.mp3

I got rejected for the Chase Ink Preferred Credit Card... Coming in with an 800 credit score this came as a bit of a shock especially because I had already been approved for the Chase Ink Preferred in the past. Add me on Instagram! - AppleCriderOfficial In this video, I&#39;ll be breaking down exactly why I got rejected for the Chase Ink Business Preferred credit card so you don&#39;t have to. After a long history of getting approved for Chase credit cards (both business and personal), getting rejected for the chase ink preferred kinda threw me off. In hindsight, it was clear that I wasn&#39;t going to get approved for this card even though I had an 800 credit score. That&#39;s because of two big factors that I overlooked before applying for this business credit card from Chase. By the end of this video, you&#39;ll know exactly what those two reasons were for getting rejected for the Chase Ink Preferred as well as how to avoid making the same mistakes I did. The Chase Ink Preferred is far and away one of the best small business credit cards out there, so hopefully after watching this video you&#39;ll be able to go out there and get approved for one yourself! Apply for the Chase Ink Preferred - applecrider.com/cip TIMESTAMPS 0:00 INTRO0:49 My First Credit Card Rejection1:15 My History With Chase Credit Cards1:55 Applying For The Chase Ink Preferred2:25 Reason #1 Why I Got Rejected3:30 How To Address Reason #1 With Recon4:30 Reason #2 Why I Got Rejected5:30 How To Address Reason #2 With Recon6:15 How To Get Approved For The Chase Ink Preferred7:05 Outro

Chase Ink Preferred - Why I Got REJECTED

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/3/18/4fd672f7-1102-447e-a2db-207b4d58b48d_how_to_get_approved_for_any_business_credit_card.mp3

Getting approved for business credit cards as a new business can be tough. Business credit cards often have confusing application processes that trip up new business owners. In this video, I&#39;ll be breaking down the business credit card approval process so you can get approved for any business credit card! Add me on Instagram! - AppleCriderOfficial Building credit as a new business is extremely important. There are so many benefits to establishing business credit and one of the easiest ways to get started is by opening a business credit card. Business credit cards can help new business owners get off the ground by providing access to capital to help them get started. Additionally, business credit card rewards are some of the best out there. Personally, I&#39;ve gotten thousands of dollars of free travel just through business credit cards. In this video, I&#39;m walking through a Chase Ink Preferred credit card application to show you exactly what you need to know to fill out applications and get approved for business credit cards.  From knowing what to put for business income on a credit card application, to whether to use an EIN or social security number on the application, there is a lot to know. If you follow along and fill out your business credit card applications using the information in this video, the odds you&#39;ll get approved for that business credit card will go up dramatically. I&#39;ll also be sharing with you two of the most common reasons why people will not be automatically approved for business credit cards along with what to do if one of these things happens to you.  By the end of this video, you&#39;ll know exactly how to get approved for any business credit card whether you are a brand new business or have been in business for years and have multiple business credit cards already. Enjoy! TIMESTAMPS  0:00 INTRO1:07 Going Through The Chase Ink Preferred Application1:41 Using your Social Security Number2:25 What To Put For Gross Income6:15 Applying With EIN vs. Social Security Number9:43 What To Put For Annual Business Revenue11:25 What To Put For Business Category11:50 Ecommerce Company Example12:20 Digital Marketing Agency Example12:49 What To Put For Estimated Monthly Spend14:07 Using Business Credit Cards For Personal Spending14:45 Reason #1 You Won&#39;t Get Automatically Approved15:55 Reason #2 You Won&#39;t Get Automatically Approved16:48 Outro

How To Get Approved For ANY Business Credit Card

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/2/19/cc178538-4d60-47f7-8c40-cf599c9b6334_business_credit_cards_for_beginners.mp3

Here is everything you need to know about business credit cards in order to take full advantage of business credit in 2020. In this business credit cards for beginners video, I&#39;ll be sharing the 6 things you must know before applying for a business credit card Enjoy! Add me on Instagram! - AppleCriderOfficial Business credit cards are kinda complicated... From the rules around who can get them, to how they impact your credit score, to how to get a higher limit on them there’s a lot to know. And business cards are not something to ignore. The unique perks that business cards can end up scoring your business interest-free loans, building your business’s credit, and my personal favorite, scoring you a ton of free travel. By the time this video is over, you’ll know exactly how to take full advantage of business cards and have actionable strategies you can use to maximize the perks they have to offer. Plus: if you stick around until the end I’m going to show you a major mistake that most people make that prevents their business from building credit! In order to explain business credit cards simply, there are 6 key questions that need to be answered. #1 - Who can apply for business credit cards?#2 - How is your personal credit impacted by business credit cards?#3 - How are credit limits determined for business credit cards?#4 - Do I need to sign a personal guarantee for my business credit card?#5 - How do I separate my expenses on a business credit card?#6 - Do I have the same protections with business credit cards? During this video, we&#39;ll be answering these business credit card questions, as well as walking you through how to open a credit file for your business. unlike your personal credit report, you need to manually open a credit report for your business. This is an often overlooked step and will actually prevent your business from building credit even if you have business credit cards. So sit back, relax, and let&#39;s dive into how to get business credit cards for beginners! TIMESTAMPS 0:00 INTRO1:00 Who Can Get A Business Credit Card?1:53 Business Credit Cards Impacting Personal Credit4:27 Business Credit Card Credit Limits6:15 Personal Guarantees For Business Credit Cards7:44 Personal vs. Business Expenses10:32 Protections For Business Credit Cards12:15 Opening A Business Credit File14:13 Outro

Business Credit Cards For Beginners

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/11/2/19/446cef76-961b-479d-86f3-f04d1da5677f_caleb_boxx_youtube_expert.mp3

Caleb Boxx is an expert at YouTube automation and scaling cash cow YouTube channels. Today we are sitting down with Caleb to learn how he scaled his YouTube channels to $100,000 per month and how to make money on YouTube for beginners. Follow me on Instagram! - @AppleCriderOfficial Over the last 4 years, Caleb Boxx has been building YouTube channels and perfecting the process of YouTube automation. Today he runs a massive YouTube business and oversees over 100 freelancers and content creators that pump out YouTube content across dozens of channels. In our conversation, we discuss how Caleb got started in building YouTube channels and how relationships with famous YouTubers like MrBeast and Preston allowed him to rapidly scale his operations. The interview is action-focused and Caleb provides viewers will action steps that they can take in order to get started with YouTube automation. Caleb breaks down exactly how to come up with YouTube content ideas, how to pick a niche on YouTube, and how to make money on YouTube by taking advantage of the YouTube algorithm. There is a ton of valuable YouTube growth content here for creators large and small. We dive into the differences between compilation YouTube channels (which still work) and the &#34;safer&#34; option that Caleb is spending more of his time focusing on. Additionally, Caleb breaks down step-by-step how to get started on YouTube for beginners. Caleb also dives deep into his process for fully automating all of his channels by hiring freelancers and how he has been able to scale many of these channels to 7 figures. If you have been thinking about getting into YouTube automation or building cash cow YouTube channels, you&#39;ll want to listen up to this conversation with YouTube expert Caleb Boxx. Enjoy! TIMESTAMPS 0:00 Intro To Caleb Boxx1:45 How Caleb Got Started On YouTube5:40 Scaling With Freelancers7:00 How Caleb Blew Up On YouTube8:30 Do Compilation Channels Still Work?9:45 Copyright Rules For Cash Cow YouTube Channels13:35 Catching Trends on YouTube16:00 Picking Your Niche17:30 Breaking Down A Successful YouTube Video19:50 Growing A New Channel From $0 - $7k Per Month23:20 How Often To Post On YouTube24:50 The Secret To Viral Video Ideas25:50 The First Step For YouTube Beginners28:50 Most Common YouTube Mistakes30:15 Buying YouTube Channels vs. Building From Scratch33:20 When To Start A Second YouTube Channel34:55 Closing Thoughts

Caleb Boxx: $100,000 Per Month With YouTube Cash Cow Channels

https://s3.us-east-2.amazonaws.com/pod-public-media-files/2020/10/28/20/e7bc477a-6e50-457d-99db-f7f72330dbf4_audio_-_yotta_savings_review.mp3

Yotta Savings has been exploding in popularity lately and it&#39;s not why you might think... In this video, I&#39;ll be reviewing the Yotta Savings app as well as showing you inside my $40,000 Yotta Savings account. Sign up for Yotta Savings here! - https://www.applecrider.com/yotta (get 100 bonus tickets) Add me on Instagram! - @AppleCriderOfficial The Yotta Savings app has been gaining massive popularity in the last few weeks since Graham Stephan&#39;s popular &#34;I just bought a bank&#34; video. Since the release of this video, there have been dozens of other videos talking about the Yotta Savings app. However, I think most of these videos miss the bigger point. This Yotta Savings Review will peel back the curtain on the real reasons why Yotta Savings is blowing up so quickly. This app has pioneered a new formula for growth and it is proving to be very successful. I believe many other fintech apps are going to take notice of the Yotta Savings growth strategy and follow suit. Additionally, we&#39;ll be addressing many other things about Yotta Savings, how it works, where the idea came from, and how Yotta makes money. Every week, Yotta winners are announced and have the potential to win up to $10 million. On my $40k account I&#39;ll be showing you exactly how much I have won from Yotta Savings so far and how winners are chosen. It&#39;s also important to keep I&#39;m kind how Yotta Savings taxes work. Yotta winnings are not treated the same way as normal investments. By participating in Yotta Savings, you have the potential to pay a significant amount in taxes. So be sure to watch until the end to find out how that works! TIMESTAMPS 00:00 - Intro00:54 - Prize-Linked Savings Accounts03:10 - How Does Yotta Work?04:32 - Yotta Savings is NOT a Bank. What This Means...06:08 - Why Yotta is Suddenly Blowing Up08:42 - My $40k Yotta Account11:50 - Taxes on Yotta Winnings13:21 - Final Thoughts

MY $40K YOTTA SAVINGS ACCOUNT | Yotta Savings Review

Young Smart Money HOSTED BY APPLE CRIDER 🍎 is a Business and Entrepreneurship podcast 🎙 for young entrepreneurs 👶 that contrasts the experiences of startup founders 📈 and social media influencers 📲📷 to help you understand the key differences and determine which appeals to you (if either). 🤷‍♂️💸

Follow along with all things YOUNG SMART MONEY 👶🧠💸 and APPLE CRIDER 🍎 on Instagram @AppleCriderOfficial. Please subscribe to Young Smart Money on iTunes 😍📲 & leave a 5-star review if you gained value from the podcast. ⭐⭐⭐⭐⭐

P.S. I appreciate y'all! 😜