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Are you secretly credit card poor? || Sign this petition to tell Congress to oppose tax breaks for billionaires and start making a fairer economy: https://unrigoureconomy.com/no-tax-br... . And check out https://unrigoureconomy.com/ for more information! 🎥 More about this video: In this video, we’re diving into the growing crisis of credit card debt — and why so many people who seem financially fine are secretly drowning in it. With credit card balances hitting all-time highs, rising interest rates, and lifestyle pressure from social media, it's easier than ever to fall into the trap of being credit card poor. I’ll walk you through: What it actually means to be credit card poor; The psychology behind why we overspend with credit; How social media and money dysmorphia distort our sense of reality; Why credit cards are designed to keep you in debt; And most importantly — how to avoid the trap and use credit responsibly Want more videos on money, media, and intentional living? Be sure to subscribe for more video essays! 🔍 Resources mentioned: US Credit card debt stats: https://www.aol.com/finance/us-credit... WSJ article on top earner spending: https://www.wsj.com/economy/consumers... Forbes article on Coachella's BNPL tickets: https://www.forbes.com/sites/jackkell... Average credit card interest rate: https://www.lendingtree.com/credit-ca... National average credit card debt: https://www.lendingtree.com/credit-ca... Tax plan pain expected: https://www.epi.org/publication/tcja-... TCJA renewal is coming up: https://www.brookings.edu/articles/wh... DOGE laying off scientists: https://www.usatoday.com/story/news/n... Canceled research grants: https://fortune.com/2025/02/21/doge-n... USDA cut lunch funding: https://www.tcpalm.com/story/news/loc... Healthcare taken from millions: https://www.theatlantic.com/ideas/arc... Unrig Our Economy: http://UnrigOurEconomy.com Grassroots advocacy saved Obamacare: https://medicine.yale.edu/news-articl... Money Dysmorphia: https://www.nytimes.com/2025/04/12/st... / @calebhammer for Financial Audit videos on credit card situations 💌 Want to support the channel? Here are a few ways! ☕ Buy me a coffee: https://www.buymeacoffee.com/cara.nicole Join my Patreon: / caranicole 📊 Budgeting spreadsheets & digital tools: https://www.etsy.com/shop/FinancialFr... 📨 Subscribe to my newsletter: https://thepopfinancereport.substack.... 🎥 Check out some of my other videos! 🎥 'Let's talk the Buy Now Pay Later Trap': • Let’s talk the ‘Buy Now Pay Later’ Trap. 'The Billionaire Tax Scam: How the Ultra-Rich Avoid Paying Up': • The Billionaire Tax Scam: How the Ultra-Ri... 'Let's talk being Car Poor': • Let's talk being 'Car Poor'. 'Let's talk being House Poor': • Let's talk being 'House Poor'. ⏰ Time Stamps: 00:00 everyone is credit card poor? 03:34 what is 'credit card poor'? 06:54 predatory practices? 08:50 predatory tax bill? 12:30 psychology of credit card poor 15:33 what can we do? 📊 Keywords for some sweet, sweet metadata: credit card debt, credit card poor, how to get out of credit card debt, personal finance, money tips, credit score, debt trap, lifestyle inflation, overspending, budgeting, credit card interest, financial literacy, money psychology, money dysmorphia, FOMO spending, buy now pay later, consumer debt, financial advice, Gen Z finances, how to use credit cards, Cara Nicole #videoessay #creditcards #personalfinance #debt