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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The Light and Dark of Credit Cards