1464: The Benefits of Debit Cards Over Cash and Credit Cards by Financial Samurai

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 13 March 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sam of Financial Samurai talks about the benefits of debit cards over cash and credit cards. Episode 1464: The Benefits of Debit Cards Over Cash and Credit Cards by Financial Samurai Sam Dogen's net worth took a beating in 2009 as the world was falling apart. He thought it would be a good idea to start a personal finance site to help himself and others make sense of chaos. After all, he had spent 10 years working in the finance industry, got his MBA from Cal, invested and saved aggressively, and still got financially rocked! Since then, more than 20 million visitors have stopped by FinancialSamurai.com. The original post is located here: https://www.financialsamurai.com/the-benefits-of-debit-cards-over-cash-and-credit-cards/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, episode 1464.
0:04.3	The Benefits of Debit Cards Over Cash and Credit Cards
0:08.1	by Sam of FinancialSamurai.com
0:10.8	and I'm your host and personal finance enthusiast, Diana Mariam.
0:15.1	This is the show where I serenade you with the sweet sounds of personal finance knowledge
0:19.6	from some of the best blogs on the planet, with the author's permission of course.
0:24.4	And before we get to it, have you subscribed to our other podcasts?
0:28.1	We cover personal development, minimalism, health, relationships, entrepreneurship,
0:33.1	and life advice on the other shows.
0:35.2	Just search for Optimal Living Daily wherever you get your podcasts to find them.
0:39.6	But since you're here, let's get right to today's post and start optimizing your life.
0:48.4	The Benefits of Debit Cards Over Cash and Credit Cards
0:52.5	by Sam of FinancialSamurai.com
0:55.5	As a credit card user who takes advantage of rewards programs while paying on time,
1:00.7	I was intrigued when a representative from a prepaid debit card company approached me
1:05.9	about supporting financial samurai and sharing more of their product.
1:09.2	As someone who has mainly used credit cards since college,
1:12.9	I was curious to know what the benefits of a debit card over a credit card were.
1:17.3	Let's talk a little bit about the benefits of a debit card over cash and credit cards,
1:22.8	as well as any detriment.
1:25.2	Debit Card Benefits
1:27.5	1. Protect Yourself From Yourself
	...

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