How to Use Credit Cards Wisely | The 6 Golden Rules

Are you using your credit cards the right way? Credit cards can be a powerful financial tool when used wisely. In this video, I share the six golden rules for using credit cards so they work for you, not against you.

Timecodes:

0:00 - Intro
0:16 - 01 | Pay Off Your Credit Card In Full. Every Month
1:48 - 02 | Request Fee Waiver
3:25 - 03 | Don’t Cancel
4:10 - 04 | Keep It Simple
5:27 - 05 | Request Credit Limit Increase
6:37 - 06 | Maximize Your Credit Card Benefits

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DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.

[MasterpieceFinance]

Absolutely Tae! Great rules.

Being responsible with your credit cards and having a great credit score is one of the key factors in achieving financial success. Cheers!

[lifeisgood]

This is my first video of yours I am seeing, but you seem like a really cool dude, love the video / chill style of yours!

[aubreyarensdorf]

This is the BEST intro to credit cards video i have found so far. Will be sharing with friends and family.

[lizkw]

Wow! Really great advice and style of video! Thanks! Had no idea about those added benefits! Gotta go look that stuff up!

[ryanmangal]

Thanks bro. Im about to start my credit journey, hopefully with these tips i dont have any trouble.

[eeo]

Hi Tae! Can you put together a video about smart travelling? I love to travel with my fam (me, husband, 2 kids under age of 7). Any way to save money will be great for every fam!

[barbarahodges]

Thank you for this valuable info on credit cards. It is very helpful.

[brandonwilliams]

Great advice and I loved your marriage story!

[thelagirl]

Thank you 🙏 very much for this informative video!

[joanndavis]

Your honest advice on credit cards has been helpful. It's too confusing listening to all the other advice not to pay in full each month and to keep a balance because of yada, yada, yada. I think it's in favor of the banks' interests, literally and figuratively. Like a game of bait and switch, or moving cups around and trying to remember which cup the penny is under🤔. And all those lost penny's add up because then, like Vegas, the house always wins.

[livetolearn]

Can you post a video with your opinion on BNPL like Affirm?

[jorgecalix]

Tae you should make a video of how to fly and get hotel rooms for free by using credit card points. Thanks for sharing! ❤

[Jordanx]

About to get my first credit card at 27.

[TheBrandoDavidson]

I'll be honest i got into a little bit of deep water with my cards. Hopefully i can put these great tips to use. Thanks for the video, sir.

[ahsansiddiqui]

So it is easy to stay safe using credit card ? Right? as long as you pay your bill on time?

[fattysgarage]

Credit utilization is irrelevant if you pay your balance before statement closing. It’s always 0.

[aprilmagana]

I been using my credit card for every transaction I make but does it matter how many times I transfer? Every time I use my credit card I transfer immediately but someone told me I shouldn’t transfer more than three times in a month? 🤔
I make sure it’s pay before the due date and not spend after that until
Closing date.
Hope my question make sense

[technerdgaming]

I have 3 credit cards if i use only 5% utilization on them does that mean i use 15% altogether?

[bryanwilliams]

If you don't ask the answer will always be 'No'

[thedroneradventures]

I have a question. I have gotten myself into way to much debt, between job loses, separation and unexpected expenses I'm about 37000 in debt on cards. Now I have one card 24000 that has a 45 000 limit. Would it make sense to move all the other credit debit to that one card. All the intest rates are roughly the same around 13 percent. I have 3 other cards so 4 all togther. I don't qualify for a loan at this time. Or will doing this just make my situation worse