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To support his family, he had started working full time by the time he was 14. It was not until 1950 when he started his own business.His first business included manufacture of plastic toys and other everyday items. Li had always been hard working and he had always remained true to his moral compass.Here’s how to use your credit cards to build – not bust – your credit.. You’re required to back secured cards with a cash deposit, which acts as your credit limit.Cards such as the Discover It (both the secured and unsecured versions) send your FICO score with your monthly statement, so you can keep track of progress.– and the rest of your bills too.If you’re trying to repair your credit or bump up your credit score, look no further than your own wallet.Much of your credit score is based on managing debt and paying bills on time.He had learned the technique of creating artificial flowers that would resemble the real thing.
Along with keeping individual balances to a minimum, focus on paying down your overall credit card debt.But, he had to borrow funds from his friends and family and contacts.Later he decided to supply quality plastic flowers to the world at extremely low prices.While you might be tempted to cancel all but one card, over-consolidation of your credit cards can backfire.Owing the same amount over fewer open accounts can actually lower your score.