The Slight Edge

One simple strategy repeated over time can change your credit

I just finished the book, "The Slight Edge" by Jeff Olson this past weekend and wanted to share some details. This book discusses the value of picking an activity, taking a 15 minute walk for example, and repeating it day after day. Over time, your HEALTH life will be changed for the good. The reason many people don't repeat it long term is that we are a "immediate gratification or result" society.

Since you may not feel better in 2 or 3 days, many people say this activity isn't working and stop doing it. In fact, if someone had not been exercising regularly, during the first few days of this new activity will most likely be feeling some muscle aches and pains. The error that someone makes when they stop, is in not understanding that by repeating this action of walking 15 minutes a day they will transform their health to the better.

Let's take a financial strategy and apply the Slight Edge philosophy. "Credit card balances." The credit scoring system awards 255.0 credit scoring points to consumers who keep their balances on their credit cards below 30% of the credit limits. Go over that amount....and you lose points. A simple action would be to multiply .30 to your credit limits and stay under that after day after day! Doing this simple step will improve anyone's credit score.

It's easy to do, but also easy not to do. The compounded effect of your choice, over time, will determine your rates, insurance premiums and credit scores for a long, long time.

It's a slight edge that makes a big difference. Think about it.

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