Balance Transfer: Yay or Nay?

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 21 March 2022

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

You asked for it, and you got it! Nicole breaks down balance transfers and whether it’s a money move that would work for you. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hey guys, are you ready for some money rehab?
0:05.1	Wall Street has been completely upended by an unlikely player. Game stop.
0:09.6	Ian and should I have a 401k because I don't do it?
0:12.6	No, I know.
0:15.3	I don't think the whole world will walk around you on your money.
0:17.6	What a dumb shit.
0:19.8	Charge for wasting our time.
0:23.8	I will take a check.
0:24.9	I got a bullshit.
0:26.4	You recognize her from entering on CNN, CNBC, and Bloomberg.
0:31.4	The only financial expert you don't need a dictionary to understand.
0:35.4	The cold lap bit.
0:37.4	So I've been getting a lot of questions about my skincare routine.
0:40.4	Jazz kidding.
0:41.4	But I have actually been getting a lot of questions about balance transfers lately.
0:47.4	I covered this topic a little bit in episode 126, how to consolidate debt.
0:52.4	But since a lot of you have been asking me about balance transfers specifically,
0:56.4	I want to circle back and talk about it in more detail.
0:59.4	So here's the question I'll be tackling today.
1:03.4	My name's Ali and I'm a big fan of the show.
1:06.4	I've been listening to money rehab and I'm finally ready to get my debt monkey off my back.
1:10.4	I've been hearing about balance transfers.
	...

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