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Optimal Finance Daily - Financial Independence and Money Advice

1202: How To Strategically Use Credit Cards AND The Pain of Paying: Carrying Cash by Philip Dancy of Dancy with Money

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Self-improvement, Education, Business, Investing

4.51.3K Ratings

🗓️ 24 June 2020

⏱️ 7 minutes

🧾️ Download transcript

Summary

Philip Dancy of Dancy With Money shares how to strategically use credit cards and the pain of paying with cash. Episode 1202: How To Strategically Use Credit Cards AND The Pain of Paying: Carrying Cash by Philip Dancy of Dancy with Money Philip Dancy joined one of the top investment banking firms upon his graduation from the Five Year MBA program at Hampton University. After starting his career in New York City and getting his first check, he understood that this “adulting” life wasn’t going to be simple. However, the one thing he knew he had to do was create a budget for himself. Through a period of trial and error, Philip was able to establish a solid foundation. As a result, Philip reached a point where he was comfortable and on a trajectory towards financial freedom. Philip’s main goal is to help millennials and Gen Z’ers (but ultimately everyone) establish a strong financial foundation through coaching while helping them turn steps into strides. The original posts are located here: https://dancywithmoney.com/blog/how-to-strategically-use-credit-cards & https://dancywithmoney.com/blog/the-pain-of-paying-carrying-cash Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Delive a Rule, because anything goes this Christmas.

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meditation on the Meditation for Anxiety Podcast. Meditation is a proven natural way to help you calm down and dissolve stress so you can feel lighter and happier.

0:48.5

So subscribe for free today to the Meditation for Anxiety Podcast by searching for Meditation for Anxiety on

0:56.1

your favorite podcast player.

1:00.0

This is Optimal Finance Daily, episode 1202,

1:03.6

How to Strategically Use Credit Cards

1:06.0

and The Pain of Paying, Carrying Cash,

1:09.3

both by Philip Dancy of Dancy with Money.com.

1:13.0

And I am Dan. I am here every single day reading to you from some of the best personal finance

1:18.3

blogs on the planet.

1:20.0

Today we've got two posts from Philip Dancy of Dancywith Money.com, so let's get right to

1:25.5

him as we start optimizing your life. How to strategically use credit cards by Philip Dancy of Dancy with Money.

1:39.7

Credit cards. They usually have a bad reputation because of our bad money habits and the $7,000 average household

1:46.0

debt held on the card.

1:47.7

Additionally, the credit providers claim they want to help us get what we want and or

1:51.6

need, but in fact they are secretly hoping we carry a balance

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