Credit card tips for beginners
Financially Inclined
The Importance of Understanding Credit Card Debt
I think it's important for people to really understand the differences between credit card debt and then just using your credit card responsibly. I've used credit cards for over six years now and I've never paid a single cent in interest because I pay off my credit cards each month. And that history of being responsible with that debt will then increase that credit history. It'll show that you're a good borrower. Like, okay, this person said he was going to borrow $500. He paid back the full amount. And so he or she is good for their word, right? Yeah, you're so lucky. I cannot tell you.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
