@financialbf: It’s financial Friday, and I want to start the day with a financial tip. I often teach you things you must do to get out of debt, but bad debt is 100% avoidable. The number one reason people acquire bad debt is primarily because they use credit cards to buy things they can’t honestly afford. If your checking account has $100.00 and your credit card has an available balance of $500.00. The average person thinks they have $600.00. I’m here to tell you, you don’t. I’m still learning this myself; it’s a complex concept to accept (not really, but it goes against human nature, so it seems complex 😂). You still only have $100.00 in credit because that’s the most you can pay back at once. The allure of paying something off over time is what gets most people and how creditors make their money. You’re more valuable to them if you think that way. Once we change how we think about credit, we can capitalize on its advantages. Share this with a friend.
Respect ✊🏾 gone through your profile Please text me i work with upper class influencers!! have got a job you definitely love too give a shot! No BS Thank you..
2024-07-06 16:37:34
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