The Light and Dark of Credit Cards
Episode description
In this episode I go through the light and dark of credit cards to help you better understand the risks, rewards, and how to use credit responsibly.
I go through:
- How interest accumulates on a credit card
- The psychology of why we spend more when paying on credit
- What minimum payments mean
- How credit can impact your ability to get a mortgage
- How credit card rewards points work
- How to assess a credit card’s perks
- How to spend responsibly on a credit card
- And how to recognise when credit isn’t serving you
Please approach credit products with caution and do appropriate research before applying.
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Blog: The Broke Generation | Destination for Hot Mess Millennials
Disclaimer: Information contained in this podcast is for entertainment purposes only and should not be considered financial advice, nor used to make a financial or investment decision. Please seek professional advice for information tailored to your own circumstances.
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