@kiwimoneylk: The most misunderstood number in banking shows up on your credit card statement every single month 💳 Ever heard of the Minimum Payment? Most people see it as a safety net. But it's quietly eating way more of your money than you think. And yes, the banks designed it that way 🏦 We broke down the real numbers on a Rs. 300,000 balance in this reel. Watch it, then go check your last statement 👀 Illustrative figures. Rates and terms vary by bank. Not financial advice. #PersonalFinance #srilanka #creditcards #moneytips #expensetracker
You do not need to pay the full outstanding amount on the card. But you must pay the outstanding amount of the respective billing cycle. The key is to remember the bill date and payment date. Credit cards are awesome as long as you know how to utilize them.
2026-07-28 07:07:02
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