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Nakisha Wynn | Helping Ambitious Moms Build an Online Business

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How I’m Teaching My Teenager The Importance Of Credit

August 24, 2020 · In: Family Finances

Thank you CreditRepair.com for sponsoring this post. CreditRepair.com’s team understands that a credit score is not just a number; it’s a lifestyle.

For as long as I can remember I have struggled with credit. When I think about why this is, I realize I was never educated about the importance of it. In college, I signed up for all the credit cards that were offered to me along the sidewalks of my college campus, without ever taking the time to think about what I was actually getting into.

I remember going to the mall with my first card buying all this stuff to look cute at the homecoming game. I never realized I had to pay that money back so soon, I mean I was clueless. By the time I realized it, I was already in trouble. The calls started, the fees added up and I began to feel overwhelmed . I can laugh at it now but it definitely was not funny when those financial decisions began to affect me later in life. 

In 2019 I decided I was ready to purchase a home. My credit was not in the place for me to do that. So I began working on it. Within a few months, I had increased my score by 50 points. Over the last year it’s increased by 100 points! I was so excited when I received the notification. I shared the moment with my son so that he could see how much it meant to me. We celebrated together. That increase made me feel great and assured that our home is on the way.

CreditRepair.com is a leading provider of credit repair services. They educate and empower consumers to achieve the credit scores they deserve. CreditRepair.com has technology that provides members with a personal online dashboard, a credit score tracker and analysis, creditor and bureau interactions, text and email alerts, mobile apps and credit monitoring.

I’m currently teaching my teenager the importance of credit. He will be off to college in just a few short years. I don’t want him going through the things I went through with credit. I want him to have an overall understanding of money and know the importance of managing it properly. I have spoken to him candidly about my mistakes and where I went wrong, especially during my college experience. 

teaching my teenager about credit

Monthly, we sit down and go over his money. Yes! He receives a monthly allowance and is required to track his spending, savings, and future money plans. He’s much like me. He likes shoes, clothes, basketball and video games. I allow him to make his own decisions on what he buys but he has to plan his purchases and budget for them. Our rule is if you can’t buy it three times, you can’t afford it. He’s learning to look at his money differently. He decided to order food one Friday night and his order came to $25, he was shocked. Next thing I know he was in the kitchen making a sandwich. I was proud.

teaching my teenager about credit

Better credit could save you thousands of dollars in high interest rates. Your credit score is not written in stone and you are more than that number. But, your credit won’t fix itself. What is bad credit costing you? I know it has cost me a lot, but I finally decided to deal with it head on. Get help from CreditRepair.com with a free consultation, so you can kickstart your credit repair efforts.

Make the effort to better your financial situation. You will be so happy you did. Let’s make better decisions for ourselves so that we can be better examples for our children.

By: Nakisha Wynn · In: Family Finances

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Don’t ever confuse what you’re offered, for wh Don’t ever confuse what you’re offered, for what you’re worth!

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#blackmomskillingit #blackmomblogger #mommystyle #browngirlbloggers #blackmomsblog #literalmomgoals #themillionairemomsclub #blackmomceo
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The way I’m set up I can only give my energy to The way I’m set up I can only give my energy to a few things at a time. At the top of the year I was coming in hot and then boom….Omarion. 

In the midst of feeling crappy I had all kinds of brand deals due, a launch to execute, and babies to take care of. It was A LOT! 

When life be LIFEing it’s hard for me to focus on anything outside of my household. I’m fully present in real life so the virtual world gets put on pause. And I know that’s not the best idea when your building a business but…sanity!

Oh and passive marketing 😉

I finally have my energy back, and I’ve been posting on the Youtube channel and chatting with my email peeps…. I missed y’all.

Here’s to me getting it together and finding my way back. 

Happy Monday y’all!!

PS. What’s up with all these spam comments and bots? 🤨
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#themillionairemomsclub #motivatedwomen #blackmomceo
#mompreneurship #mompreneurlife #mombosslife #mombosses #motherhustler #9tothrive #goalgettermindset #theeverymom #momstyle
4 years ago I left my job with nothing! A month e 4 years ago I left my job with nothing!

A month earlier I realized I wasn’t happy. I was tired and frustrated with myself for living beneath my potential. Nothing was necessarily “wrong” I just knew there had to be more. I prayed and asked God to lead me into what was next.

Two weeks later I witnessed my coworker jack up my 3 year old and put her on the wall because she ran out of line and onto the playground too soon…..

Two days later my boss told me the state came in and saw she had me working in a position I wasn’t certified to be doing (nor getting the pay for 😒) and I needed to get it asap!

The morning of the test I woke up and realized I slept through my alarm, her multiple texts and the test! 🥴 I took that as my sign to move on. So I did!

At the time all I had was hope and a dream. I figured I could side hustle my way to what I was making then. All I knew was that my babies needed all of me, not some unhappy fraction of who I could really be for them. 

Even though I had no clue what I was doing or how I was going to make it work, I did it anyway! 

After getting up and calling my boss back to tell her I was gonna move on, I picked up my camera to document the moment.

A few days ago someone commented on that very video, I needed that in the moment. I realized I’ve come so far, did what I intended to do and am working toward the life that girl wanted! She’d be proud.

Thank you all for your continued support! I hope you know your journey to success may look a lil different in the beginning but trust yourself, something great is waiting on the other side of your decision!
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#blackmomsblog #blackgirlswhoblog #blackbusinesscoach  #womeninbusiness #themillionairemomsclub #motivatedwomen #blackmomceo
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So we one week in how y’all feeling? I’m happ So we one week in how y’all feeling?

I’m happy with how the week went, I was pretty productive with good a pace.

Today I’m out in these Friday streets doing Friday things and preparing for a brand shoot this weekend. 

Ran in Homegoods & Hobby Lobby and topping it off with Chick fil A. I gotta make sure I throw away all evidence so my kids don’t see it tho. 🥴😩😂

The kids and I are gonna watch Sing 2 from the comfort of our couch this evening. Thank you @singmovie 

Anyway, Happy Friday yall! 

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#fridayvibes #happyfridayyall #blackmomskillingit #blackmomblogger #blackbloggers #browngirlbloggers #blackmomsblog #blackgirlswhoblog #literalmomgoals #mompreneurs #mombosslife #mombosses #9tothrive #goalgettermindset
It’s the first Monday of the month and all I’m It’s the first Monday of the month and all I’m thinking about is “How can I be better than I was last year!”

I’m done with doubting myself because I can do anything with God on my team.

I’m done with imposter syndrome because “I did that” the receipts are in!

This year I’m getting back fine 😜 aggressively delegating, staying consistent, living more, complaining less and gratefully celebrating every single moment.

That’s it. Those are the plans.

I hope you find the courage to do the same!

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#newyearnewgoals #newyeargoals #womeninbusiness #themillionairemomsclub #blackmomceo #mompreneurship #mompreneurlife #mompreneurs #mombosslife #motherhustler #9tothrive #goalgettermindset #shemeansbusiness #realmomstyle #mommystyle #bloggerstyle #hmxme @hm

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