One of my pet peeves is. You can just use your credit card as a debit card. Just pay your credit card bill off as soon as a statement. I never have once gotten a credit card fee. The only time I have is when I accidentally do the cash advance through the TD app. I paid off every week I don’t pay it off every month. I don’t wait for the 21 days. I wait as soon as my credit card pending statement is done so I can pay it off. Sometimes I even paid up before it even send me the bill to the TD app
@Honest Finance , you kind of covered it when you discussed points vs cash back for best value, but when in the state of rising inflation (like now), is there a strategy to best utilize your rewards? For example, if you decide to save your rewards, are you losing money due to rising costs and interest?
Honestly , I’d just use the points whenever they’ll benefit you the most. Don’t worry about inflation and your credit cards rewards. Inflation is causing you to lose everywhere and there’s not much you can do to fight it other than make more money, pay off debt and invest
Enjoy the video! Comment below if you have any questions, thanks :)
One of my pet peeves is. You can just use your credit card as a debit card. Just pay your credit card bill off as soon as a statement. I never have once gotten a credit card fee. The only time I have is when I accidentally do the cash advance through the TD app. I paid off every week I don’t pay it off every month. I don’t wait for the 21 days. I wait as soon as my credit card pending statement is done so I can pay it off. Sometimes I even paid up before it even send me the bill to the TD app
This channel is a blessing
Thank you honestly! These videos has been helping me more than you know ….my question is how do I know what my current credit score is ?
Check experians website or credit karma. They have free ways of looking at your score. Your credit cards might have the feature as well
Thanks for explaining the both areas in a very understandable way :)
You’re welcome. Thanks for watching
@Honest Finance , you kind of covered it when you discussed points vs cash back for best value, but when in the state of rising inflation (like now), is there a strategy to best utilize your rewards? For example, if you decide to save your rewards, are you losing money due to rising costs and interest?
Honestly , I’d just use the points whenever they’ll benefit you the most. Don’t worry about inflation and your credit cards rewards. Inflation is causing you to lose everywhere and there’s not much you can do to fight it other than make more money, pay off debt and invest
Super!