The ULTIMATE Credit Card Crash Course for BEGINNERS скачать в хорошем качестве

The ULTIMATE Credit Card Crash Course for BEGINNERS

Check out my FAVORITE Cards HERE: https://magnified.reviews/Favorite-Cards THIS is the ONLY Airline Card I Have: https://magnified.reviews/Southwest Click “Show More” to see my Favorite Financial Tools ▽MY FINANCIAL TOOLS▽ 🏦 SoFi Complete Money Management ➤ Checking & Savings - https://magnified.reviews/SoFi ➤ Credit Card - https://magnified.reviews/SoFiCreditCard ➤ Invest - https://magnified.reviews/SoFiInvest ➤ Budgeting - https://magnified.reviews/SoFiRelay ---------- 💰 Chime Fully Online Banking ➤ Sign-Up for Chime HERE: https://magnified.reviews/Chime ➤ Chime Credit Builder HERE: https://magnified.reviews/Credit-Builder ---------- 💳 Favorite Credit Cards ➤ Chase Sapphire - https://magnified.reviews/Sapphire-Pr... ➤ Capital One Venture X - https://magnified.reviews/VentureX ➤ Chase Ink Business - https://magnified.reviews/Ink-Business ➤ Amex Green - https://magnified.reviews/Amex-Green ➤ Amex Platinum - https://magnified.reviews/Platinum ➤ Amex Business Gold - https://magnified.reviews/BusinessGold ---------- 📊 Wealthfront Automated Investing ➤ First $5,000 Managed for FREE - https://magnified.reviews/Wealthfront ---------- 💵 Current Card ➤ Current | Modern Banking App - https://magnified.reviews/CurrentCard ---------- 📸 MY CAMERA GEAR ➤ My Camera: https://magnified.reviews/Camera ➤ My Microphone: https://magnified.reviews/Microphone ➤ My Lights: https://magnified.reviews/Lights 0:00-Credit Card Crash Course 0:57-What is a Credit Card? 2:05-How to WIN With Credit Cards 3:54-Benefits of Credit Cards 5:41-Credit Card Myths 7:07-What is a Credit Score? 8:41-Credit Limit Explained 9:54-How to Get Started 12:11-My FINAL Thoughts Grab a good snack and get ready to drink from the fire hose of credit card knowledge because today we're going to make the ultimate credit card crash course and answer all of your credit card related questions. If used properly credit cards can be an incredibly useful financial tool but there's a ton of garbage information and confusing terminology online but I promise it is not that complicated so today we’ll get back to the basics and cover what is a credit card, how can you safely use a credit card, how do you even get a credit card, the advantages and disadvantages of this product including the difference between a credit and debit card figure out what the heck cash back and points and miles are, we'll cover the many common credit card myths that you probably believe and of course talk about what a credit score is and why you should bother learning about all of this stuff to begin with. There's a lot of other so-called rules and suggestions and myths that you'll hear online most of which are complete garbage but I can promise you as long as you are treating this card as if it is cash you’ll only buy things you can truly afford and you pay it off every single month and better yet just set up autopay so that you never forget then it is borderline impossible to dig yourself into a hole because you’ll avoid 99% of the interest and fees that are often associated with these cards. And the advantage of doing this with a credit card over your regular debit card is you get to reap all the benefits that the credit card companies offer to draw people in including cash back and travel benefits and welcome bonuses and all of that stuff. Okay so we understand what a credit card is, we've identified the two most important rules to use these products responsibly, and we have a pretty good understanding of the the advantages and differences between a credit and debit card are. That's most of what you need to get started but as soon as you start researching anything to do with credit cards you're going to run into a lot of garbage information and myths that I want to dispel right now. First of all, no you do not have to nor should you carry any balance on your credit card. The second myth I commonly hear is that you always need to have revolving credit on each account meaning you need to constantly be using these cards otherwise you should just close them and while there is a sliver of truth to that myth, trust me closing an account especially in older accounts is a terrible idea. Music from Epidemic Sound Magnified Money may receive compensation for sending traffic to partnered sites. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.