I am starting to work on building out a credit strategy for businesses, and I want to provide a specific update on managing a fleet credit strategy for those thinking about it. I recently conducted a deep-dive audit with the underwriting team at WEX, which is the primary underwriter for major brands like Shell, ExxonMobil, BP, 7-Eleven, and the Phillips 66 family (Conoco/76). Here are the key takeaways to ensure your next application is successful: There are two ways to approach fuel credit. Your choice should be based on your business’s actual footprint: - Brand-Specific Cards: (e.g., a "Chevron" or "Shell" card). These often offer specific rebates or incentives but are best if your fleet operates near those specific stations. - Universal Cards: These are powered by the WEX network and are accepted at over 95% of retail fuel locations nationwide. If you need flexibility, this is the route to take. If your business is still in the "building" phase or does not yet have a robust reporting history with all three bureaus, it is highly standard for the credit department to request a $500 security deposit for a secured account. - Before applying, they recommend checking your local zip code for station density. You can use the WEX Connect tool to see which stations near you accept these cards to ensure the line of credit is actually useful for your daily operations. Want to learn more about it? Check out the Corporate Credit Academy

Many people are complaining that Ai is making people dumb because they "aren't thinking." But I want to challenge that. What if they are rewiring their brains to think differently. We all know that effort doesn't equal money and you can work smarter instead of working harder. The mind can work exactly the same way. Instead of taking up capacity to look at our calendar and "power up" to decode the day we need to plan, we can free up space and let our Ai help us with it. We use our brain power for more elaborate and aligned tasks and begin to process things much differently. Maybe I am wrong, but the better I get at Ai, the more confident I feel about my ability to think through problems, those problems just look different now. 🤔 I'm curious to know how you feel about Ai + personal finance... do tell...

Hey Club Members! Tomorrow Co-Working Session Agenda -Consolidating the rest of 2025 -Paying Yourself With a "New" Business -Updating our January Expenses It will be co-working, so you do not have to have finished this particular dashboard. If you are wanting to catch up with your own systems in good company, hop in and we can work through financial clarity together. Event posted on the Calendar! 📆 Friday 10AM EST.

Here is the thing I really want you to hear: Personal habits always spill over into business habits. If you can’t prove your income to yourself, you’ll never be able to prove it to a lender. The good news? With the help of Ai, your role just got an upgrade. You are no longer the person who manually types numbers into a spreadsheet for four hours, or the person that is putting off logging into their account because they are scared of what they will find. Now, it’s a job for Ai and you are a System Supervisor. Today on the channel I shared Why You're Missing Wealth Opportunities and I also wanted to put together some Homework for Friday and demo what Step 3 Looks Like. I did this for myself, and again for "Sarah," and the exercise took about 30 minutes each time. 🔔 Set aside 30 minutes to input your data into the account tracker by Friday Demo: Gathering Sarah's Data with Ai As promised: Sarah's Account Tracker

Hello Members I am thinking of structuring the challenge in a very easy to follow way. Providing two simple, powerful measurements to track your progress and keep you engaged: 1. Did You Show Up? 2. See how your progress stacks up against others. A little friendly competition is great motivation! The Question for You: What area you'd be most interested in tackling first in this challenge: - Option A: The Wealth Folder Overhaul 🗄️ (Organizing foundational categories like insurance policies, household documents, taxes, etc.) - Option B: Personal Finance Deep Dive 💰 (Focusing on active financial management tools like your balance sheet, budget sheet, cash flow tracking, etc.) Comment below with A or B to tell us where you want to start! Let's conquer the financial habits that lead to success!