How To Get a $50,000 Credit Card and Leverage It To Make Money

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-RF Financial Consulting LLC-

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

[ChristopherAbelman]

The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. Meanwhile, foreign nations continue to desire the U.S. dollar, despite their own economies facing significant challenges, some even worse than that of the U.S. This situation raises concerns about who will ultimately bear the consequences of these economic dynamics.

[cookingsingle]

You Tube University is better than any Universrsity around period.

[mannyv.]

Been following you for a month now; Latino from NYC who just turned 40 but only beginning to educate myself about money & credit.

Thanks for sharing the knowledge.

[joseluisramos]

The Pandemic has been the best thing to happen. My life was insanely poor living on the Reservation. I saved most of the Stimulus and got Credit. I'm now in the SoCAL area. COVID has been a real economic opportunity I'm sorry to say. Why did it take a Pandemic to make life better ?? It's sad that I'm doing great on such a horrific pandemic with the services I received from *NERD STARK CORP*

[fredrickkaigi]

Getting my MBA in personal finance from You-Tube University Courtesy Of Professor Richard Fain With Just The Cost Of A Click!!!!

[SophiaMichael-wwqd]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly

[lv]

Another huge point is NEVER make a late payment. Those late payments stick to your record for a while

[trusno]

My highest card has 30k on it, I was unable to keep cards under 30% due to a failing business, but im working on paying everything back, and getting my credit back on track. Money had slowed up, but it's getting back in gear..Too many are talking about the wins, and not the L's(lessons), either way good content..Keep us inspired 💪🏿💯...-Trusno🖤🗡

[onesmoothcat]

I had a 50k credit card and around the mortgage meltdown in 08 i was unable to maintain, i am in the process of building back to that point and experience has also been a great teacher. There is no fast way around it, you definitely have to do the things you spoke about.

[ELIFI]

"Constructive debt" is helpful when you leverage it for the exact reasons you laid out. At this point in my life I'm a bit debt averse though and pay my credit cards off in full every month. I paid my primary mortgage off last year and when I bought a beach investment/vacation condo this spring I bought it cash. I do think leverage is helpful when you're younger and when you're trying to get started. Great video as always 👏👏

[theone]

You opened my eyes a while ago, I will forever be grateful ✊🏽

[VisionaryArtGroup]

i got a 25, 000$ Platinum Navy Federal with my score below 740. One of the best banking options out there is navy federal. I'm in the process of buying a home, after that i will be asking to boost my limit to around 75-100k! save save save and get you a high limit card and you set. AND push come to shove, you can always borrow cash money off the credit card.

[.Koreans.American]

So much better than my finance class from University

[pricecole]

*I appreciate and admire your hustle, my bro. Keep up the great work, you are a credit to your community!* 💯

[jaymay]

If my sister ever get a hold of credit limit like that, she'll pass out from lifting retail store bags.

[jabrilpolo]

Appreciate you doing this especially as a black man

[joemonteirosportsshorts]

Man sucks they never teach us stuff like this in High School. Yet we get forced to learn Algebra formulas we will never use outside of High School.

[tonygrate]

One of the first rule of making money, is never gamble, but if you insist. Never borrow money to gamble.

[HosBoba]

This is a thin line to play, always invest what you can afford to lose. One bad mistake and that $$ can be gone,

[PSINXS]

Coffee, weed, and finances. Best morning vibes