587-Credit Card Debt Is A Very Safe Form of Debt
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 8 October 2018
⏱️ 24 minutes
🧾️ Download transcript
Summary
One of the most useful aspects of credit cards is how safe the debt is when compared to other forms of debt. Enjoy this excerpt from my brand new course called "How to Borrow Money Safely and Never Pay Interest Using Credit Cards."
The course is now available for you to buy. Go here: www.radicalpersonalfinance.com/creditcardcourse
Use the coupon code "CREDITCARDTEN" to save $10 off the price. (Valid until 10/15/18.)
Thank you!
Joshua
Transcript
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| 0:00.0 | Welcome to Radical Personal Finances Show dedicated to providing you with the knowledge, skills, |
| 0:04.0 | Insight and encouragement you need, to live a rich and meaningful life now, while building a plan for |
| 0:08.4 | financial freedom in 10 years or less. |
| 0:10.9 | My name is Joshua, I am your host, and today we continue our credit card series. I introduced |
| 0:14.8 | the series last week with a discussion on credit cards, credit card debt. On Friday we did like a live |
| 0:19.9 | Q&A entirely devoted to credit cards. I hope you really enjoyed that. I enjoyed the diversity of questions that we received and today we continue that series because this is launch week for my newest course called How to Borrow Money and Never Pay Interest |
| 0:34.8 | Using Credit Card. Sorry, now I can't even get my own title right. |
| 0:38.7 | How to Borrow Money Safely and Never Pay Interest using credit cards. |
| 0:43.4 | You know, I struggled and struggled with word-smithing on that on that course title. |
| 0:46.9 | I don't know if that's the best. |
| 0:47.9 | Maybe I'll be able to come up with another better title in the future, but it just encompasses the three things that I want you to be aware of, |
| 0:56.4 | which is that credit cards can be a very safe way for you to borrow money, |
| 1:00.8 | depending on how we define the term safe. They can also be a very inexpensive |
| 1:06.5 | way of borrowing money with no interest payments, very low interest payment if you know |
| 1:12.3 | what you're doing and of course we're using credit cards now those are some big ifs |
| 1:16.0 | But I'm very confident and I stand behind the validity of these strategies |
| 1:20.8 | They are carefully researched there things that I have done that I used to |
| 1:24.2 | think everybody did. When I was in credit card debt, I played the 0% credit card game and I thought |
| 1:28.6 | everybody knew how to play it. And I learned over time, frankly, that nobody knows how to play it very well |
| 1:33.4 | excuse me I've only a very few people know how to play it and so this course |
| 1:37.4 | kind of synthesizes some things that I've never seen brought together before |
| 1:41.5 | an understanding of credit scores of credit scores, how credit |
... |
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