Credit Card Tips And Tricks | What NOBODY told ME!
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- Опубликовано: 19 авг 2020
- I show you 8 Credit Card Tips And Tricks that would have saved me over $30,000!
Learn how to never go into Credit Card Debt: • HOW TO NEVER GO INTO C...
Everyone tell you how great credit cards is but no one really explains how they work or how to use them. This may explain why we have nearly $1,000,000,000 trillion dollars in outstanding credit card debt. This video is packed full of credit card tips for college students and credit card tips for beginners. This is everything I wish I knew when I was starting out and trying to use credit cards to build good credit.
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This video is for entertainment purposes only. Always seek professional assistant for financial and legal matters. I am not a license financial advisor and only sharing my opinion. The links in this description may be affiliate links which means I may receive a commission if you make a purchase. Don't worry it's no additional cost to you and it not enough to make me rich. Thanks for supporting my channel.
Learn more tips on how to Never go into Credit Card Debt ruclips.net/video/GAmavnpCvSU/видео.html
Watch the ultimate get out of debt playlist: ruclips.net/p/PLdKOWk-Vo99x5f7ohkrIHy4_uzOLyW27m
Nov 2018: 20k over 5 cards, years behind in paying my: student loans, car note, all 5 credit cards.
Nov. 2019: Got all caught up on my back payments.
Sept. 2020: 10k left on the cards! 2k left in my student loans, 12k left on my car.
It’s been a long and hard 2 years but I am getting their by finally becoming financial literate. My goal is to be out of debt by 2022. Just saw your videos today and it’s getting me more focus!
Thank you Roy for sharing your journey. Getting out of debt is a process for sure. Thanks for watching. Staying focused is the hard part but you can and will do this. Keep me posted on your progress.
Keep it up man you can do it.
Check back in soon!
How's your debt looking now??! I hope you're doing well!
@@kaihart8275 paid off my car last year, paid off my student loans last month. Officially debt free!
It’s suffocating making those minimum payments. So glad, I was able to get out of that deep debt hole. After that ordeal, now I just pay everything in full! Great video!
Thanks for sharing! I'm glad you overcame your debt!
It's important to read the information in the welcome packet very carefully. It's written in lawyers legalize language. NEVER throw away this packet from any card you will need it as a reference in the future.
I knew almost everything in this video BUT to get it all in one place is nice. Ive acquired all of this knowledge over the past year by watching multiple RUclipsrs channels. Im definitely sharing this video. 💯💯💯🔥🔥🔥
Yo you talking real facts appreciate it
I feel like we have enough fluff floating around out there so this channel will always be grounded in reality. I am here to help the people. just like I was helped.
On my life he is 😆
I love this channel my man! Keep it up!
Man you have so much passion! I here you!
Excellent advice! Thank you for sharing! 😊
Keeping it real diamond good advice!!
Great video!!
I really appreciate your straight forward practical insight.
I got sick from burn out and I couldn't work enough to even pay the min payment. I am almost done paying off my last credit card it took two years. Thank you for your channel, I needed this to keep going
Thanks for speaking out and trust that you are not alone. Your comment may give someone the encouragement to get started.
I like these convos in the chat. Just started watching this channel and hoping to see that he asks more good questions to start good comment chains. Love the info and experiences on here.
So glad I found your channel. Thank you!!
Thanks for rocking with me!
Tracking my “Net worth” WOW. All ways dropping great nuggets thank you!
Thank you for the information😀😀
My pleasure 😊
Great information.
Thank you. I wanted to approach the topic from a different angle and talk about the other side of the coin..
You teaching 😊… thank you
Yeah, I agree, very useful information
your videos are gold.
taking notes rn!!!! i need the help with my credit debt!!!
I feel that! Be sure to watch the video in the pinned comments and jump in that playlist.
Thank you!!!
you're awesome bro
Number 8 is on point jeeez..we should all wake up
Thank you my brother for all help much mahalo’s
i also learned the hard way. thank you so much ! people have to be told these facts!
It's an expensive lesson right!
Too expensive. I started watching your videos last Tuesday once I made my last CC payment. Thank you for such informative content!
Your videos helping us alot. Me and my wife just starting to get out of debit. Pluse with your videos it give us hope we won't get back into it
I'm glad the videos are helping. My goal is to no just help people people get out of debt but stay out of debt. I'll also be posting more investment related videos in the coming months. Thanks for watching!
Brother I wish would Teach us more about Consumer Credit Transportation & Truths in Lending, stay Blessed 👏
I don't have a credit card at all. But I heard it needed when going to different countries. So I am hear to get the knowledge.
My mom was in ICU for one month. I had zero debt credit score 726. I had to live on CC to be by her side. Glad to have found your channel!
I'm glad you found me too. How is your doing now?
Keep the reality going
I'm 52 years old and have experienced the learning process of credit and debt along with the how-to's and so forth of rebuilding my credit score and income to debt ratio. But this video woke up some of my senses when it comes to "net-worth" the fruits we grow from our labor. A ton of people like myself are thinking of it by income subtract monthly bills to how much we have left over (cash) is our net-worth plus assets. Now this is true to a point but there's a lot more to consider when it comes to networth. Such as investments and assets (collectors items, houses things that gain value over time. With your reminder of net-worth for me really hit hard. These are things I was aware of but overtime I had lost sight of because I was too busy trying to keep my income well above my monthly debt payments. Thank you for this video I just hope it's not too late for me.
Can you make a video talking more about credit card utilization AND about rebuilding credit with secured cards ?
Specifically what about utilization and secure cards would you like to see? I have one on deck about credit score that will be posted in within two weeks. So many things to talk about! What did you need like/dislike about this one?
In the past I did all those stupid things
Hey Diamond I stumbled across your video when I typed in how to pay off a car loan early. Ever since I have been so engaged in your content as I'm working to pay off credit card debt and an auto loan. However all of your content is either 2 or 3 years old. Do you still financial content? If so I would love it if you can do a video on how to invest money. I hear so much about it but don't actually know how to get started
can you make a video of the importance of debt to income ? a video of how can i get rid of my credit cards and it not impact my credit score ? and a video of how to get a second home ? please and thanks for ur knowledge o decided to focus on paying off my car watching ur videos
Principle payment
similar happened to me, paid 35 a month, 25 from it in fees. Realized that year later and paid all debt in a month. Better late than never.
When you know better, you do better! Thanks for sharing!
I no this is about credit cards. But is the minimum payment the same for a car?
Do a video on how to calculate your net worth please
The way some people describe credit cards, it's like a demon takes control and makes them go 30k into debt
It's not demons, its psychology and the banks understand this better than anyone. Like most things, the object is not the problem, it's the decisions make by the person in possession of the object.
I would trade Half! Of all my HS and JC education for a balance in financial literacy. But that wouldn’t benefit the educational system would it?
After the corona I had lost all four of my jobs and I had no income to come in and there also me and my boyfriend had no jobs my mother I had to also take care of my mother as well and myself and since he had lost his job and had no credit or no credit card or no money saved up I had to take care of the big responsibility of all three of us so leaving us to be back in debt me
Brother man. 5 yrs ago I couldn't even get a checking account from NO!! Bank What you talking is 100 percent facts. Making minimum payments only is like asking for trouble u might be good financially now and tomorrow lose everything.I believe make the sacrifice and pay most or if you can whole balance. 2 yrs ago I learned the game by listening to people like you on RUclips now I have 10 credit cards all zero balance I use one credit card a month pay it off and use the next one also I have 3 different checking account. I don't make alot off money but I have good credit and credit cards help me put on a front. Thanks for the video and keep them coming I'm sure you helped a few people. We need to spread the knowledge. God bless
Diamond just wanted to take a sec to tell u ur appreciated for the videos and education u provide I’m a Black Man and I get so sick and tired of us throwing up gang signs flashing guns or talking about how much a chain cost 💲 I grew up around that life didn’t realize until I was about 30 that wasn’t anything cool about that stuff, I wish our Black community could see more positive people like you it’s not about race but it really disappoints me when we try so hard to prove were more then what they think of us and being educated is a big part of that
30 is that magically number! Thank you for those kind words. My plan is to put my truth out there for those who are ready to receive it. There is so much misinformation out there and people don't realize that most of what we learn about money and credit is design to transfer our money to the wealthy. This will continue until the masses learn how money really works. I recently read The Color of Money by Mehrsa Baradaran which made me think, if more people knew the truth, we would be more focused than ever before on empowering ourselves and community through financial gains. We have to do this!
I appreciate your videos man they’re AMAZINGLY helpful… If this is helpful for someone, this is my game plan with my credit card… I ONLY have ONE CC, and the credit amount is less than what I make monthly, this way it helps me budget my monthly expenses and save money since I don’t expend more than my credit card amount
Thank you. I am glad your plan is working for you. One note of caution, without your approval, one day your limit will exceed you rmonthly income so be careful. Good job on budgeting, it is a critical component of person finance.
🤑🤗
Thanks for what you are doing but I find it comical that a lot of people use the excuse of “no one taught me this.” I’m 50 and remember when the minimum payment warning was NOT on the credit card statement once the government made them put it on there and everyone received their bill they can’t read that bold large print? Willful ignorance is NOT an excuse people are just foolish🤦🏽♂️ and choose to be in debt. People know when they maxed out their credit card and have to get another one to in turn max that one out and in the back of their mind they have $20k of credit card debt and only make $18k at their job🤯🤯🤯🤦🏽♂️🤦🏽♂️🤦🏽♂️. But no one taught them. Common sense isnt common and accountability is even rarer.
Our parents used to tell us. Dont get in debt!
How Sway?! They didn't tell me just how hard that was or why.
Damn...a girl is learning 😌. So it sounds like rent a center. They charge you five or more times the amount. Just hidden in the words.
LOL once you learn the game, you'll never be GOT again!
everything you're talking about is behavioral. people try to buy "happiness". "happiness" has NOTHING to do with what you have. AND... of course the things you cant "afford" are the things that will make you "happy"...so you put those things on a card...the payment is only #30/month...then you buy something else and on and on and on......next thing you know...you are in trouble and life sucks. STOP trying to buy your happiness people. The credit cards aren't the problem!!!!! Then boo hoo poor me. Get it together people. Unlike our wonderful media is telling you...YOU CAN DO IT!!! Peace;-)
What I've learned on my journey is that personal finance is almost entirely behavioral but I believe it's deeper than trying to buy happiness. For me, I was never trying to buy happiness even though I bought a lot of things. My view of money was the problem. I grew up believing money was tool to get you what you wanted so if I wanted a new motorcycle and went out and made the money to buy a motorcycle even if with payments I considered that a win. Now, I view money as a tool to build wealth and impact the lives of my family so of course my money decisions reflect this new view and I invest and plan more than I ever did. My views were shaped by the environment I grew up in which I had no control over and overcoming what you believe is right is not an easy task so I will touch on behavior a lot on this channel. Money is really simple, behavior is what complicates money.
I want to tell you about my recent experience last year. I joined SamsClub for eight dollars for the year. Me and my daughter went there once or twice for gas we didn’t really like it. They don’t have coupons like BJ’s so we never really used it. I was working a lot of hours I missed the email. It was on auto renew so when it hit the credit card, I called Capital One and I said I did not authorize an auto renew. . at the time there was a bunch of construction near Sam’s Club so it was difficult to get there to. They wanted you to cancel in person. They wouldn’t let you do it over the phone so I called Capital One and I didn’t think that was right I disputed it well I missed the notification on Capital One they do not send you an email. They put it on their website under your account but you have to look for it. They don’t alert you that there’s an email saying that you have a response to the dispute. . I guess on the Fourth of July the $50 was put back on my account. I didn’t notice it because they hide it they just you know if you use the card a lot you don’t notice it so I just happened to look at the notifications when I was looking for my statement and I noticed it said all the merchant said it was valid so they put it back on. I called them up and I said, first of all, I change my charge card number I did not authorize any auto renew And it was Capital One‘s fault because the charge should’ve been denied and then if I wanted to continue with SamsClub. I would have to contact them to give them the new card number, but they are claiming that it’s MasterCard’s rules if somethings on auto renew, even if you change your charge card number They will put it to the new charge card automatically so I was furious. I had to go to Sam’s Club in person and cancel it and I’m going to when I have the time right Capital One a letter saying how dare you put me through all this the charge should’ve been denied so watch out on that and I asked the woman at Sam’s Club can you show me the paper where I agreed to an auto renewal she said she didn’t have it. It must’ve been on something I signed when I got the card we got only knows where that paperwork is right now. I don’t believe that I think it’s a scam, so just watch out on charge cards on the auto renew because I did not authorize that Capital One did not help me. They should’ve thought that for me like I thought they would have. I’m very disappointing usually I love Capital One , but not this time. How dare they let that charge go through after I change the charge card number it still went through and they are blaming it on MasterCard policies. . Thank goodness I still had the Sam’s Club card. I thought I got rid of it because I thought it was over good thing I found it but it was just a real hassle so watch out on auto renewals on charge cards make sure when you sign up for something it’s not on auto renew from Massachusetts by the way