85% of People Are Using Credit Cards WRONG

Minority Mindset
â˘January 10th, 2020
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The majority of people are using their credit cards wrong - either they have credit card debt and are paying interest or they are not using the perks they get from their credit card. Here's how to use a credit card the right way.
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85% of People Are Using Their Credit Cards WRONG
0:22 - Either you hate credit cards or you love them, thereâs no in between but the majority of people are not using their credit cards the wrong way
1:01 - Youâre using your credit card wrong if youâre spending money you donât have in your bank account
1:57 - Credit card are a tool that amplify your spending habits
2:20 - Youâre using your credit card wrong if you never redeem your credit card rewards
3:31 - Youâre using your credit card wrong if you donât know what perks your credit card offers or your credit card perks suck
4:25 - Now I look for credit cards with high cash back with one exception for travel credit cards
5:08 - Youâre using your credit card wrong if you have too many credit cards - I have a personal credit card, a travel credit card, and a business credit card
5:30 - Youâre using your credit card wrong if youâre not using your credit card like a debit card
6:10 - Youâre using your credit card wrong if your credit limit is too high
6:58 - Youâre using your credit card wrong if you donât know how your credit card works or the bonuses it offers
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Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.
Think from the mindset of a consumer and be the provider, that's the Minority Mindset. Don't be the majority. #MIH #GetMoneySmart
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