💳 The Credit Card Trap That’s Keeping You Broke

Summary

This video explains how credit card interest works and why only paying the minimum balance due leads to accruing a lot of debt. Paying the minimum balance on your credit card debt might not be enough and can keep you from paying off your balance. The best way to use a credit card is to spend only what you can pay off by the end of the month, so you won't have to pay interest.