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Radical Personal Finance

595-Credit Card Q&A: Getting Out of Debt, Paying off Student Loans, Using Cards for Business Inventory

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 22 October 2018

⏱️ 51 minutes

🧾️ Download transcript

Summary

I missed several of my students' questions on the previous credit card Q&A show. So today, I wrap them up. Enjoy!

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

What can a radical personal finance show dedicated to providing you with the knowledge, skills, insight, and encouragement you need to live a rich and meaningful life now while building a plan for financial freedom in 10 years or less?

0:11.0

Today we talk about credit cards. I didn't plan to do any more shows on

0:17.8

credit cards for a while but you know last Friday I did a show on a credit card Q&A show and in preparation for that show I had

0:26.8

written to my current students of my newest course called How to Borrow Money

0:31.2

Safely and Never Pay Interest using credit cards. I've written to those students and I said I'll answer all your questions to call into the show.

0:38.0

So I did the Q&A show the call-in show and after the show I was looking at my email and I found several questions that I just missed.

0:44.7

I don't know how I missed him. I guess my email didn't download properly. Who knows?

0:48.9

It's my fault. So I am today. I told my students I would do it so today I'm following through and

0:56.2

finishing another Q and a show so I hope you'll I hope you've enjoyed these

0:59.6

It's been a great I've enjoyed covering these topics. The things I haven't really seen addressed very much out in the world of

1:08.4

Personal finance and I hope you've enjoyed it. I had a lot of great feedback from people who have put some of these strategies

1:15.1

into action and that's what I what I love. The most important thing to any

1:19.8

teacher is to see a student actually doing something with what they have taught.

1:25.0

Here's a tip to those of you who are younger and who are older.

1:29.0

The most powerful strategy, if you want to be an effective student, the most powerful strategy for you to take as a student, be it in primary school, in secondary school, in secondary to the upper university education,

1:43.2

advanced education is ask your teachers what their advice is,

1:48.6

what they want you to do and then do it.

1:50.8

And then go back to the teachers and tell them how you did what they told what you

1:53.8

told them what they told you to do because almost nobody does that but if you do

1:58.6

that you'll quickly become the teacher's pet just like that I mean it I mean it's a can't lose strategy. If you actually do what your

2:06.6

teachers recommend you are such a weirdo you'll be on their radar screen. Here's a part number two for those of us who are not students or excuse me those of us who are not formally enrolled in formal student teacher relationships necessarily.

2:21.0

If you want to bring yourself to the attention of an important business leader, a wealthy person, it's very simple.

...

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