Go offline with the Player FM app!
3129: What Does Zero Percent APR Really Mean? by Jamie Cattanach on Wealth Building Habits
Manage episode 480325180 series 2394769
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 3129:
Jamie Cattanach breaks down the truth behind enticing 0% APR credit card offers, revealing how easily they can turn into a debt trap if you’re not careful. By understanding the fine print and developing disciplined repayment habits, you can use these promotions strategically instead of falling victim to them.
Read along with the original article(s) here: https://moneyminiblog.com/credit-cards/0-apr/
Quotes to ponder:
"That 0% APR offer means the card charges no interest, but it’s almost always a temporary deal."
"It’s always best not to spend money you don’t have, anyway, so if you want to open that new line of credit, just pretend it does accrue interest and pay it off in full every month regardless."
"When used responsibly, credit cards can be a fantastic financial tool."
Learn more about your ad choices. Visit megaphone.fm/adchoices
3932 episodes
3129: What Does Zero Percent APR Really Mean? by Jamie Cattanach on Wealth Building Habits
Optimal Finance Daily - Financial Independence and Money Advice
Manage episode 480325180 series 2394769
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 3129:
Jamie Cattanach breaks down the truth behind enticing 0% APR credit card offers, revealing how easily they can turn into a debt trap if you’re not careful. By understanding the fine print and developing disciplined repayment habits, you can use these promotions strategically instead of falling victim to them.
Read along with the original article(s) here: https://moneyminiblog.com/credit-cards/0-apr/
Quotes to ponder:
"That 0% APR offer means the card charges no interest, but it’s almost always a temporary deal."
"It’s always best not to spend money you don’t have, anyway, so if you want to open that new line of credit, just pretend it does accrue interest and pay it off in full every month regardless."
"When used responsibly, credit cards can be a fantastic financial tool."
Learn more about your ad choices. Visit megaphone.fm/adchoices
3932 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.