Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge, skills,

insight and encouragement you need, live a rich and meaningful life now, while building a plan for

financial freedom in 10 years or less.

Today we continue our series on credit cards. This week we are enjoying and

advertising the new launch of my newest course called How to Borrow Money

Safely and Never Pay interest using credit cards.

And on Monday we began with one of my arguments in favor of credit cards.

That argument was about the safety of credit card debt. On Tuesday I shared with you an additional argument called

credit card loans can provide a way to privately purchase goods and services.

Now there are three more arguments for credit cards extensively discussed in the course as well as two extremely

important arguments against credit cards because although I stand

entirely behind the idea that credit cards can be very safe, we must of course acknowledge that

credit cards can be very dangerous and risky and they have unique risks that

need to be considered. The second thing is although credit cards can be very cheap they can

be extremely expensive and they have important costs that need to be considered.

Now you are a sentient knowledgeable person, you know those is obvious, but don't overlook them because they're obvious.

But with the strategies that I outline in the course, you can put it in place measures of safety

to protect yourself. Now in today's episode I'm going to share with

you another audio excerpt from the course and this is much later in the course and it's

called how to manage cash while you pay off your credit cards. Most people who wind up in credit card debt get

there out of desperation and they get there too late and they wind up using up all of their money, which makes them exclusively

reliant on credit cards, which puts them in a very dangerous position as you'll

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