How to Actually Save Money Using Credit Cards (2026) скачать в хорошем качестве

How to Actually Save Money Using Credit Cards (2026)

How to Actually Save Money Using Credit Cards (2026) Why Credit Card "Rewards" Are Actually Costing You Thousands You think you're beating the system with that 2% cash back card. The math says otherwise. I analyzed my own spending data over 3 years and discovered I was losing $5,460 annually while "earning" $840 in rewards. This video breaks down The Reward Penalty Trap—the psychological mechanism credit card companies use to manipulate you into overspending. What you'll learn: The MIT study showing credit card users spend 83% more than cash users on identical items Why the average rewards card user generates $1,100/year in profit for banks (even paying zero interest) The 4 psychological triggers that make you overspend without realizing it Real math comparing credit card spending vs. debit over a year A 60-day experiment to find out if rewards are costing YOU money The bottom line: People spend 12-18% more when using credit cards. That means you're overspending $50 for every $1 you "earn" in rewards. Sources referenced: Prelec & Simester, MIT: "Always Leave Home Without It" Federal Reserve Bank of Chicago: Consumer Spending and Credit Card Rewards (2023) Dun & Bradstreet: Consumer Payment Methods Study Raghubir & Srivastava, NYU: Payment Coupling Effects ACTION STEP: Pull your last 6 months of credit card statements. Add up what you spent. Would you have bought all of that with cash? If not, your "rewards" are costing you. The credit card industry makes $176 billion/year. Not from interest. From the spending they trigger in people who think they're gaming the system. You're not beating them. You're the product. Timestamps: 0:00 - The $5,460 mistake 0:30 - "But I pay it off every month" 1:00 - The Reward Penalty Trap 3:00 - What everyone sees 4:00 - Follow the money 6:00 - The psychology behind it 7:30 - The counterintuitive solution 9:00 - What to do today #personalfinance #creditcards #moneymanagement #financialliteracy #debtfree #budgeting #creditcardhacks