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3. Making Sense of the Power and Pitfalls of Credit Cards
Manage episode 385556455 series 3530131
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Ever wondered how a small plastic card can hold such immense power over your financial decisions? On this week's episode of the FinServ Podcast, we take a deep dive into the world of credit cards. From sharing our own stories of grappling with our first credit cards, to the addictive ease of online shopping, we reflect on the insidious trap of overspending. We also spill the beans about the social pressures we've faced to keep up with our peers, and the pitfalls of juggling multiple credit cards.
But we're not just here to scare you away from credit cards! We'll also be equipping you with crucial knowledge about credit scores, timely payments and credit limits. Have you ever wondered about the difference between minimum payments and paying off the statement balance? We've got you covered. We're also revealing some tips like linking subscription services to a credit bureau. So tune in, and let's start making sense of the intricate world of credit cards together.
If you want more information on the FinServ Foundation, be sure to check out our website by clicking on the link below.
>>FinServ Foundation Website
Capítulos
1. The Pitfalls of Credit Cards (00:00:00)
2. Understanding Credit Cards and Building Credit (00:12:02)
3. Use of Debit Cards Debate (00:25:10)
21 episódios
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