Jim Wang

Curious about money, entrepreneurship, and self-improvement. Personal finance blogger at & father of four, @Forbes contributor

[Experian @Experian]

Thank you for joining today's #CreditChat! You can review upcoming #CreditChat topics here:
https://t.co/ABBXfANksd

[Jim Wang @WalletHacks]

@Experian A10. Get a roommate. You'll save money on rent but also learn how to live with someone. This may pay dividends if you ever get married or partner up with someone and live together. Better to get it wrong with a friend than wrong with your life partner! 🤣 #creditchat

[Jim Wang @WalletHacks]

@Teena_LaRo @MoneyFitbyDRS TWO YEARS??? Ours broke and I had to wait a week for a part to ship, it was BRUTAL.

[Jim Wang @WalletHacks]

@Experian A9. It's your first place, don't go bigger than you need. You don't want to lock yourself into a huge monthly expense that you'll regret later. Save the difference and invest it, you'll thank yourself in 20 years! #creditchat

[Jim Wang @WalletHacks]

@Teena_LaRo @Experian they're awesome!

[Jim Wang @WalletHacks]

@Experian A8. The same way it helps LIFE be less stressful, if there is an unexpected expenses, you can make decisions from a position of financial strength and not panic because financially you're prepared. #creditchat

[Jim Wang @WalletHacks]

@Experian A6. Watch out for random/hidden fees, vague answers to your questions, or high pressure to sign the lease. If anything makes you uncomfortable, walk away. It's harder once you've signed. #creditchat

[Jim Wang @WalletHacks]

@Jennifer_Wwhite @Experian Thank you :) My parents bought a condo recently and I put their HOA docs into ChatGPT and it figured out that basketball hoops were not allowed. My parents were fine with it but that's a strange rule :)

[Jim Wang @WalletHacks]

@Experian A4. How are you splitting rent if the rooms are different sizes, who is responsible for which bills, how will you split groceries or is everyone for themselves, and what happens if someone wants to leave early? (all actual questions I wished we discussed!!!) #creditchat

[Jim Wang @WalletHacks]

@Experian A3. Know if utilities are included or not, that can be HUGE especially in older places with inefficient systems. Also, laundry and parking can add up. #creditchat

[Jim Wang @WalletHacks]

@Experian A2. Surprisingly important, I didn't know ahead of time but was fortunate in that mine was good. I find automating my credit card payments to be great, computers never forget! #creditchat

[Jim Wang @WalletHacks]

@Experian A1. You need to start a separate fund just to prep for all the expenses of moving in- first and last month's rent/security deposit, any fees, movers (or pizza for your friends), etc. It's a LOT. #creditchat

[Jim Wang @WalletHacks]

So excited to be here!

[Experian @Experian]

We're grateful to be joined by: @ACCreditCounsel, @MoneyFitbyDRS, @aboutthatwallet, @fersherrill, @wallethacks, @creditscoop, @Perspectives83, and @kembala. #CreditChat

[Jim Wang @WalletHacks]

Excited for tomorrow’s @Experian #CreditChat on first apartment finances including financial mistakes to avoid! It's 3pm and I'll be with @ACCreditCounsel, @MoneyFitbyDRS, @aboutthatwallet, @fersherrill,
@creditscoop, @perspectives83, and
@Kembala - don't miss it!

[Experian @Experian]

Don’t miss tomorrow’s #CreditChat about first apartment finances, including credit, renting, budgeting, leases, roommates, and avoiding common financial mistakes. We’ll be joined by: @ACCreditCounsel, @MoneyFitbyDRS, @aboutthatwallet, @fersherrill, @WalletHacks, @creditscoop, @perspectives83, and @Kembala
https://t.co/jeudTN6U30

[Jim Wang @WalletHacks]

Looking forward to joining tomorrow's @Experian #CreditChat to talk about first apartment finances, building credit, renting smarter, and avoiding expensive money mistakes. If you're getting your first place (or helping someone who is), come join us! Wednesday, 8/5 3pm!

[Jim Wang @WalletHacks]

@mikefutia Reddit

[Jim Wang @WalletHacks]

@Experian @Glink @creditscoop @Kembala @BeverlyHarzog My pleasure!