0:00
think rich people carry credit card debt
0:02
nope but they do use credit cards and
0:05
they use them way smarter than most
0:07
people the big mistake most people make
0:10
most people swipe for things they can't
0:12
afford then carry balances and pay 20%
0:15
interest but rich people they never pay
0:17
interest why because they pay off the
0:20
balance in full every month credit is a
0:23
tool not free money to the wealthy
0:26
credit isn't about buying more it's
0:27
about rewards points and protection they
0:30
use cards to pay for things they were
0:32
already going to buy and then stack
0:34
travel points cash back and fraud
0:36
protection on top they leverage the
0:38
perks premium credit cards offer insane
0:41
benefits free airport lounge access
0:44
hotel upgrades extended warranties and
0:47
purchase protection even free insurance
0:49
on travel and rental cars they don't
0:51
overspend they optimize their secret
0:54
weapon credit score power by keeping low
0:56
credit utilization and making on-time
0:59
payments they keep their credit score
1:01
high that opens the door to better loans
1:03
higher limits and more negotiating power
1:06
which builds even more wealth want to
1:08
use credit like the wealthy comment
1:11
credits smart below like this short and
1:14
follow for real money tips that build
