Brad HartI help 7-8 figure entrepreneurs scale faster with AI, masterminds, and results-driven systems | Founder of Optimus & Repurposefully

My First Credit Card #creditcards #learnaboutmoney #millionairemindset #makemoremarbles

Name: My First Credit Card #creditcards #learnaboutmoney #millionairemindset #makemoremarbles
Uploaded: 2022-12-30T21:57:51+00:00
Duration: 25 s
Channel: Brad Hart
Description: Short YouTube monologue by Brad Hart giving tongue-in-cheek, practical advice about getting a first credit card: it can build credit but also cause…

30 Dec 2022 · 0 min

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0:25

Short YouTube monologue by Brad Hart giving tongue-in-cheek, practical advice about getting a first credit card: it can build credit but also cause costly debt; recommended safeguards mentioned are paying in full when possible, setting up autopay to avoid missed payments, and keeping credit utilization around or under ~20%.

Ah, first credit card, huh? You do know the risks, right? Oh, you're just trying to build your credit. Okay, sure, it can do that. Or you'll get a massive debt and waste a lot of money on interest. Oh, you're going to pay it off every month. Smart. Well, what if you forget? Oh, good, good. You're going to set up autopay. Okay, well, what, did you overspend? Oh, you're never going to spend more than 20% of your credit limit. That's smart. All right. At least you know all the right answers. Here's your card. Good luck.