Is Credit card Good For You ?

Поділитися
Вставка
  • Опубліковано 25 гру 2024

КОМЕНТАРІ •

  • @pratiksingh7356
    @pratiksingh7356 Рік тому +1673

    In mostly cases peopal think credit card = Muft ka Paisa😊

    • @Listenup831
      @Listenup831 Рік тому +25

      Same 😅

    • @SahilNautiyal6353
      @SahilNautiyal6353 Рік тому +36

      These type of clowns also promote some credit card named as one card 😂😂😂😂

    • @Techforyouu-f7f
      @Techforyouu-f7f Рік тому +5

      Flipkart me 7144 ka Liquid cooler master liya tha Payment Flipkart axis credit card se kiya tha phir cancel kar diya sala 6,7din ho gaye hai refund Flipkart se aya hai Lekin credit me nahi🙂

    • @shivavrd2154
      @shivavrd2154 Рік тому +2

      Yes, these PEOPAL!!

    • @thedeepkjha
      @thedeepkjha 5 місяців тому +3

      muft ka chandan ghish mere nandan
      ~ shidhu paji 😂

  • @musicwidavinash
    @musicwidavinash Рік тому +598

    What a line sir ...Never pay anything by credit card that u cant pay by debit card ♦️♦️

    • @abhinashram771
      @abhinashram771 Рік тому +19

      Sidhe taur pe ye bola ja raha hai aukat me raha karo

    • @sanjay_hembram
      @sanjay_hembram Рік тому +3

      Exactly ❤❤❤

    • @nooooobie52
      @nooooobie52 Рік тому +1

      Agar log jyada pesa karch karengw tho economy ki growth hogi

    • @sanjayshimpi1026
      @sanjayshimpi1026 5 місяців тому

      Jab Debit card se payment kar sakte toh Credit card ki jarurat nahi hogi 😂😂.koi chutiye ki baato main mat aao

    • @vipin395
      @vipin395 Місяць тому

      but if you can pay with credit card then it automatically it can be paid by card in most cases

  • @shreevivekagrawal1
    @shreevivekagrawal1 Рік тому +240

    Using credit card for last 15 yrs and I am loving it. Never ever paid any charges and seldom encashed reward points.

    • @prasad8386
      @prasad8386 11 місяців тому +3

      Konsa CC hai?

    • @NaveenKumar-nx8yi
      @NaveenKumar-nx8yi 11 місяців тому +5

      But you have spent more

    • @dietitianchanchal3465
      @dietitianchanchal3465 5 місяців тому +4

      How you manage credit cards

    • @shreevivekagrawal1
      @shreevivekagrawal1 5 місяців тому

      @@dietitianchanchal3465 I Keep only 1 credit card. I use it for all my expenses and auto debit makes my life easy. No interest or charges ever levied to me in last 15 odd yrs. They started my cc limit with 50000. Now it's over 7 lakhs. They recently offered me their most premium private card. Credit cards are free, safe, convenient and offer interest free loan. It also helped me build my credit score and I can take all kinds of loans if needed.

    • @PS-ug7nm
      @PS-ug7nm 5 місяців тому +4

      Which one do you have and how much cashback?

  • @kulkik
    @kulkik Рік тому +140

    Keep a credit card for emergency purchases only. Not for day to day purchases.

    • @shibainu7500
      @shibainu7500 Рік тому +26

      Wrong. Build an emergency fund seperately and don't rely on credit cards for emergency.

    • @kulkik
      @kulkik Рік тому +6

      @shibainu7500 If you had so much savings, you would not have an emergency. Let's say there was a medical emergency and you needed 2 lakhs...can you really build such a big emergency fund? And don't assume everyone is salaried...think small business people. No regular income, no medical insurance, and no pension walley.

    • @BrijYachika
      @BrijYachika 6 місяців тому +4

      Activate a credit card and don't use it for whole year 😂

    • @indraxios
      @indraxios 4 місяці тому +3

      I bought a laptop with 10k discount.
      Lol

    • @agnivdebnath6584
      @agnivdebnath6584 4 місяці тому

      Idfc first

  • @PriyanshuGupta11
    @PriyanshuGupta11 Рік тому +16

    I love your videos and the logic you got while explaining stuff, i have been watching a few and I saw the rent vs buy home video and this one, for me you're best finance tips person in both conservative and modern personal finance approach!

  • @JaideepSinghbiotech
    @JaideepSinghbiotech Рік тому +15

    True! I am following it and my credit score is 855 😊

  • @railfanVishal
    @railfanVishal Рік тому +9

    Most people take credit cards to avail EMIs on consumer items, since they're not available on debit card.

  • @deepakmethani8906
    @deepakmethani8906 Рік тому +14

    You are an honest person.

    • @Empiredata561
      @Empiredata561 Рік тому +1

      *A honest person

    • @deepakmethani8906
      @deepakmethani8906 Рік тому +3

      @@Empiredata561 No an honest person.. ( Sound "O" ki aa rahi hai Bhai). A.I.E.O.U ki Sound jaa ho waha An lagta hai...

    • @Empiredata561
      @Empiredata561 Рік тому +1

      ​@@deepakmethani8906sidh sidha bolo ki H silent hain or sound O or O ek vowel Hain people like me confused with this sentence a honest person or an honest person because h is not a vowel

    • @deepakmethani8906
      @deepakmethani8906 Рік тому +2

      @@Empiredata561 Wait a minute bro : tell me which are correct !!
      1. I visited a university yesterday.
      2. I visited an university yesterday.
      3. I bought a umbrella today.
      4. I bought an umbrella today.
      5. Ram is an honest.
      6. Ram is honest.
      7. Ram is honest boy.
      8. Ram is an honest boy.

    • @Empiredata561
      @Empiredata561 Рік тому +3

      ​@@deepakmethani8906I visited a university yesterday is correct
      I bought an umbrella today is correct
      Ram is an honest boy is correct

  • @ashiskk3470
    @ashiskk3470 Рік тому +51

    From many years even I kept telling people that don't pay from credit card if you don't have equal balance in savings account.

    • @vikasRajput-mm1wm
      @vikasRajput-mm1wm Рік тому +5

      Mere ko smjh nhi aata kyun kuch log credit card ko itna bekar btane me lge hue h....
      Agr mere ko 1 month ke liye interest free credit mil rha h to isme dikkat kya h??😅
      10 saal se credit card use kr rha hun mai aisa boht baar hua h jb mere savings account me utna balance nhi tha bt still mne credit card use kiye
      Mme payment hmesha due date se pahle ki mere ko to aaj tk koi dikkat nhi aai
      Nd mera credit score bhi boht accha h

    • @ashiskk3470
      @ashiskk3470 Рік тому +3

      @@vikasRajput-mm1wm you got pro level of using Credit card, like me😋. The problem is not paying on time and keep increasing the debts.

  • @jun8yo
    @jun8yo Рік тому +18

    True lines...❤
    I follow this rule 😁

  • @dipanshujain0101
    @dipanshujain0101 Рік тому +119

    But one factor is that for merchant, Credit card transactions usually have more transaction fees than Debit card transactions due to which the prices increase.

    • @fleek21
      @fleek21 Рік тому +5

      Good Point.

    • @samnawab9664
      @samnawab9664 Рік тому

      @@fleek21 Yes

    • @2207maddy
      @2207maddy Рік тому +2

      Charges are there but seller can't can't charge that to buyer. There is a government ruling also to it. If still they insist .there are other sellers too.

    • @freudsilver3097
      @freudsilver3097 Рік тому

      Merchants can't transfer the mdr to the customer. Report it to their pos seller.

  • @rabindra_kundu
    @rabindra_kundu Рік тому +2

    To the point answer ❤️❤️ really it's a genuine answer 👌

  • @ETHICAL_INVESTOR_ABDUL
    @ETHICAL_INVESTOR_ABDUL Рік тому +1

    Thank you, Best suggestion, sir ji😊

  • @acrobat9018
    @acrobat9018 Рік тому +6

    Isi baat par subscribe kar diya aapke channel ko...badi sahi baat batai aapne.

  • @राणाकुँवरसिंह

    In simple terms... apply common sense 😌 means aukat me raho 😅

  • @shubhamverma-sx4re
    @shubhamverma-sx4re Рік тому +2

    Very clear understanding

  • @wasimdalvi288
    @wasimdalvi288 Рік тому +6

    Pranjal sir really you are a great Teacher

  • @Rahul_Rao_001
    @Rahul_Rao_001 2 місяці тому

    Absolutely spot on 🔥

  • @OMPRAKASHSharmaPen_fire
    @OMPRAKASHSharmaPen_fire Рік тому +6

    Not only for reward points sir, I use cc to build a good civil and I am sure everyone knows how imp it's to hv a good civil.

  • @balakaghosh
    @balakaghosh Рік тому +31

    Exactly what I do.. I buy using my CC... and then immediately pay it off.... I earn around 600 to 2k per month on cash backs... and I owe 0 by the end of the month

    • @ZaikaBiharka29
      @ZaikaBiharka29 Рік тому +1

      Konsa cc h

    • @RAAGA47
      @RAAGA47 Рік тому

      ​@@ZaikaBiharka29SBI CASH BACK CREDIT CARD

    • @balakaghosh
      @balakaghosh Рік тому +1

      @@ZaikaBiharka29 ICICI Amazon Pay.. but cash back will only come in Amazon.. it works for me as I shop 80% from Amazon.. but HDFC also has good cash back cards.. you just have to explore what card suits your spending type

    • @avinash4-5
      @avinash4-5 2 місяці тому

      Ek baat batao aap... Jaise mujhe kuch lena hai 70k ka credit card pe discount mil rhaa mere paas pure paise hai turnt pay krne ka but credit card me offer mil toh kya credit card se pay krke turnt pura Paisa pay kr skta hu?

    • @Arya_Rajput131
      @Arya_Rajput131 27 днів тому

      ​@@avinash4-5पर तुरंत करना ही क्यों? उस पैसे को शॉर्ट टर्म FD पर डाल दो। 1 महीने का इंट्रेस्ट तो मिलेगा। जब बिल जेनरेट होगा पे कर देना।

  • @mdzeeshan4569
    @mdzeeshan4569 Рік тому +6

    Wallah dost bahut imandari se baat karte ho aap. Warna to log bas samne wale bewakoof banane mein lage rahte hain😊

  • @siddharthjain6738
    @siddharthjain6738 Рік тому +9

    True lines ❤

  • @saggarwal01
    @saggarwal01 Рік тому

    Great advise which is nearly never followed

  • @RanjithSodum
    @RanjithSodum 2 місяці тому

    Absolutely true… well said

  • @sumanthbsgowda8304
    @sumanthbsgowda8304 Рік тому +8

    If a person is disciplined enough he can use it to manage 15-20 days business transactions.....for that one must know about each transaction he's doing including the dates of transactions🥂

  • @epicboss4554
    @epicboss4554 Рік тому +8

    Life too short for wait for things just buy with creditcard and pay later because time is more precious than money

  • @krishnabaijanki3168
    @krishnabaijanki3168 Рік тому

    Good advice Sir... 😊

  • @chanakyaeinstein9810
    @chanakyaeinstein9810 2 місяці тому

    That has been my motto for the past 10 years, since my first credit card. I have never missed or delayed payments and never bought anything beyond 50% of my salary.

  • @krishnendukumar7577
    @krishnendukumar7577 24 дні тому

    Right 👍👍👍 use for rewards

  • @N.e.a.l.K.a.s.h.y.a.p
    @N.e.a.l.K.a.s.h.y.a.p Рік тому

    Thank you sir 🙏

  • @bijog73
    @bijog73 3 дні тому

    1. It is a safe card with no liability on individual on theft.
    2. Excellent offers and cashback.
    3. Prevent the hassle of paying for things if salary is to be credited in a week or so.
    4. Reward points redemption is a hefty amount.
    5. Lounge access at airports, that too almost free.
    6. Some cards like Amazon ICICI pay gives more than you demand for.
    7. Can come very handy in emergency, we don't have to ask anyone for small amount.
    8. Good use and timely payments drastically improves credit score.
    9. Finally weak people can't handle them therefore its designed for them.

  • @praveenparveen7783
    @praveenparveen7783 Рік тому +4

    Bhaut hi acchi baat boali hai aap credit card kaa upyog apni aayashi ke liyye tooh bilkul nhi karenge

    • @samnawab9664
      @samnawab9664 Рік тому

      Bhai ulta boltey ho
      Actually log cc ka use apni ayashi ke liye he krte hy

  • @VaishnaviZnk-y2h
    @VaishnaviZnk-y2h 3 місяці тому +1

    This is what I call short and simple 😊

  • @Indian7027
    @Indian7027 2 місяці тому

    Sb se genuine fin influencer ho sir aap.

  • @msnirajagrawal
    @msnirajagrawal 3 місяці тому

    Awesome line.. Never buy anything with credit card which you can't pay by your debit card. I follow this exact rule for last 5 years and have built a very good credit score above the rewards I get by spending. Hope every one gets this simple rule to follow

  • @baburaoganpatraoapte7417
    @baburaoganpatraoapte7417 Рік тому +3

    I have taken just one credit card life time free, just to access airport lounge 😎. Thats the only one use n benefits i recon 😁

  • @entertainment-jk8om
    @entertainment-jk8om 2 місяці тому

    Indeed true...if you can't repay, don't even think about credit card

  • @zisurock
    @zisurock 26 днів тому

    Thanks for the good suggestion

  • @amrbisht
    @amrbisht Рік тому

    Thats 10000000% correct, and if you'll use this line in ur actual life, you'll be making a lot more than what a credit card offers.
    Believe me, I have been using CC since 2018 and all bill payments are 100% on time.
    And it gave me rewards more than worth 1.5 Lac since then, though I have only 20-25K average monthly expense by CC.

  • @ElonMusk-oq2ol
    @ElonMusk-oq2ol Рік тому +3

    Debit card is like pay first enjoy later while in credit card 💳 enjoy first then pay later with high amount (high interest rate)

  • @rahulchaplot6748
    @rahulchaplot6748 14 днів тому +1

    Sir credit card sa ipo apply kar sakte hai ...

  • @adarshgupta8102
    @adarshgupta8102 2 місяці тому

    Love your advise 💝

  • @hariompathak7395
    @hariompathak7395 Рік тому +2

    Hence Debit must be equal to Credit 😊

  • @darshan7806
    @darshan7806 Рік тому

    Really Good advice

  • @Rexemmmi
    @Rexemmmi Місяць тому

    Nice Explained 😁

  • @tilesmastermrkd
    @tilesmastermrkd Рік тому

    Dil❤se thank you sir

  • @Love-Runs-Blind
    @Love-Runs-Blind Рік тому

    Ekdam sahi baat boley Bhaia apne

  • @prasadsinghthakur6143
    @prasadsinghthakur6143 Рік тому

    Informative 👍🙏

  • @vatsalparekh7914
    @vatsalparekh7914 Рік тому

    Make huge expenses from the credit card, for which the money is already saved in savings account. This will increase your savings and delay your payments or atleast let you pay in increments. Example: You use your CC just a day before you receive your salary, then the current salary and the next month salary can be safely parked before paying off the dues.

  • @AzharAnsari-nw8it
    @AzharAnsari-nw8it 2 місяці тому

    Thank you bro

  • @Shivanikrishnavanshi
    @Shivanikrishnavanshi 3 місяці тому

    Use krna aana chahiye baki koi dikkat ni
    Me 3 saal se use kr rhi hu 5 card h mere pass..bhut bhadiya cheej h 😊

  • @nagarajubandi3131
    @nagarajubandi3131 5 місяців тому

    Great👍 words I love it

  • @zeeshanalinaqvi6016
    @zeeshanalinaqvi6016 2 місяці тому

    I have a personal rule to enforce the guideline shared in this video. I don’t wait 40 days to pay my credit card bill. I pay the credit card as soon as I have completed my purchase. This way I get the benefits of using a credit card, and I am also not getting trapped in debt cycles.

  • @devnath8512
    @devnath8512 Рік тому +2

    Buy only big things in credit card and put in emi . Don't use credit for small stuff and too much .

  • @neo4646
    @neo4646 5 місяців тому

    Only if used, smartly 💡

  • @train_xc
    @train_xc Рік тому

    I use credit card only for its superior dispute resolution- mainly in international transactions

  • @BRIJESHKUMAR-dv1in
    @BRIJESHKUMAR-dv1in Рік тому +1

    Believe it or not but if credit card is used in a disciplined manner it can be very useful

  • @freudsilver3097
    @freudsilver3097 Рік тому

    Same, i have 5 credit cards but 2 of them don't even get a bill, other 3 use just

  • @techbeta101
    @techbeta101 10 місяців тому

    Yes. I also use my card for discounts like Flipkart and amazo sale. and it's very satisfying when you get 2-3 k discount easily

  • @Maanaabtaarism
    @Maanaabtaarism Місяць тому

    Thanks you bro

  • @dhruvrajnish4121
    @dhruvrajnish4121 3 місяці тому

    I do it to increase my credit score. Positive thinking. Within 4-5 days I pay up my bill.

  • @shivashishjhariya3476
    @shivashishjhariya3476 Рік тому +3

    One more thing Never withdraw cash from credit card,
    Remember Never

  • @rakhijain8799
    @rakhijain8799 8 місяців тому

    Same is what i do... For rewards only 😊

  • @AnkitKumar-xi7eb
    @AnkitKumar-xi7eb Рік тому

    Pure you tube ke duniya me ye Banda 2 hai Sach bolane wala e1 rajput hai 🎉

  • @ragnarok9127
    @ragnarok9127 Рік тому +5

    Pesa h kharch krne ka lekin credit card ki limit ka dhyan rakho. Use krna bhi zaruri h. Jyada use kre to bhi score down ho jata h.
    Kbhi bhul gye pay krna to penalty ki tension.
    Ye itna jyada hassle h ki kbhi na kbhi galti ho jati h. Isse acha to lo hi mt

    • @Shivanikrishnavanshi
      @Shivanikrishnavanshi 3 місяці тому

      Use krna aana chahiye baki koi dikkat ni
      Me 3 saal se use kr rhi hu 5 card h mere pass..bhut bhadiya cheej h 😊

  • @PrakharPi
    @PrakharPi 2 місяці тому

    i also thought in case of emergencies

  • @kabirchawla4379
    @kabirchawla4379 Рік тому

    Well said Pranjal Sir

  • @ak_savinash
    @ak_savinash Рік тому

    kuch jagah pe compalsury hai jaise cloud computing , waha pe credit card hai mangte hai

  • @abhinav28488
    @abhinav28488 4 місяці тому

    I always use my credit card for the offers and it also helped me to boost my cibil score

  • @brajeshrajanand
    @brajeshrajanand Рік тому

    Very true sir...i always follow this rule

  • @bhanuprakashbehera4419
    @bhanuprakashbehera4419 Рік тому

    Exactly 👌👌👌👌

  • @devengrover2787
    @devengrover2787 11 місяців тому +1

    Exactly. I save get cash back about 600 p.m via Amazon icici card.😅

    • @devengrover2787
      @devengrover2787 11 місяців тому

      And the best part is I get cash back via cred. I get about 65 rs cash back p.m on cred

  • @AnkitShah55
    @AnkitShah55 8 місяців тому

    Nicely explained

  • @Shivanikrishnavanshi
    @Shivanikrishnavanshi 3 місяці тому

    Me 3 saal se use kr rhi hu 5 card h mere pass..bhut bhadiya cheej h 😊

  • @anujvashisht8732
    @anujvashisht8732 Рік тому

    Sir foreign country mein kya karun main. Please batai

  • @youmedancestudio23
    @youmedancestudio23 Місяць тому

    Sahi baat hai aap bilkul sahi bol rahe ho

  • @ameenmirza3428
    @ameenmirza3428 Рік тому

    Very good 💯

  • @fun_facts214
    @fun_facts214 Рік тому

    Mai to yahi karta hu sirf offers ke liye 😊😊

  • @dhrubabarman4600
    @dhrubabarman4600 Місяць тому

    Use only at emergency time like oxigen cylinder
    😊

  • @captainh1989
    @captainh1989 Рік тому

    My view.... I often have amount in my account, i just use it to get cashback, interest free money...

  • @FrustratedCommoner
    @FrustratedCommoner Рік тому +2

    I started using CC from 1995. I always followed the said rule... here is a catch... Ek din aisaa bhi aayega ki aukat bhool jayenge (over confidence). Thise who used CC over 10 years known this very well.

  • @charnpreetsingh-vu5vz
    @charnpreetsingh-vu5vz Рік тому

    Credit card benifit ta full vedio banao ji all benifit discount bara daso ji

  • @sumittushir2728
    @sumittushir2728 Рік тому

    Bhai stock ki PE valve to thik se dekha nhi rahe ..ab bar Rajesh export ko dekh lena

  • @TheLeisureArtist
    @TheLeisureArtist 6 місяців тому

    Thank You Pranjal ji

  • @TechTera-Darsh
    @TechTera-Darsh 8 місяців тому

    Credit score be like:you didn't have to cut me off 😂

  • @Shan10152
    @Shan10152 Рік тому

    Credit card saved me twice in an emergency.

  • @sainath538
    @sainath538 3 місяці тому

    Was just watching his own video about credit cards sponsered by HDFC credit card and then this short was recommended .
    The IRONY

  • @DGiridharBalajiPhysio
    @DGiridharBalajiPhysio Рік тому

    bilkul main sirf petrol k liye CC use karta hun month end mein idea bhi ho jata Hain aur kuch credit card mein mil bhi jata hai

  • @hemilsanghvi
    @hemilsanghvi Рік тому

    Yes Bhai discount ke liye hai use karta hoon.
    Aur airport pe free lounge ka access 😅

  • @moirin
    @moirin 2 місяці тому

    hdfc millenia ka debit card reward points dete hain but yearly charge 560

  • @pathanjamsheedk
    @pathanjamsheedk Рік тому

    Sir ye bhi bata do ke credit card kaha use karna hai aur kaha nahi?

  • @ASub1982
    @ASub1982 5 місяців тому

    Thankyou Dada 🎉

  • @SPaul-po7ih
    @SPaul-po7ih 11 місяців тому

    Sahi bola apne lekin lifetime free bala lena hain ki annual charge wala please suggest

  • @akshayrathi7160
    @akshayrathi7160 3 місяці тому

    I usually Pay in CASH .... And the amount of discounts I get in returns are multi fold then these rewards.....

  • @bampsgamesmore6222
    @bampsgamesmore6222 11 місяців тому

    Electronic appliances k liye to credit card sahi hai na

  • @YogendraSingh-sc7by
    @YogendraSingh-sc7by Рік тому

    Reward points lure you to expend more so in a way its not good for anyone. Probably good for those with very high financial discipline. But such people are miniscule in India.

  • @mraoofmansoori6940
    @mraoofmansoori6940 Рік тому

    Credit use for emergency funds 😊😊

  • @muhammadshaharyar6700
    @muhammadshaharyar6700 Рік тому

    Same goes for online course mafia..
    Agr mujhy kmai ho rii hai to sub ko ni chipka skta❤❤❤

  • @VikramSingh-zy2rl
    @VikramSingh-zy2rl Рік тому

    Amazon flipkart ki deals ke liye rakh lete h credit card

  • @maujiwaqt7993
    @maujiwaqt7993 Рік тому

    Free lounge access k liye fir Konsa card le...