Here's Why Credit Cards Are a Trap | trying2adult

I knew credits cards were a trap, I had been warned about the dangers of using a credit card and not to let it influence your spending habits. I have always thought of myself as someone with self-control when it comes to money... that was until I got my own credit card. Within a couple of months, I saw myself falling for a debt trap, living above my means due to a gradual change in my spending habits that I hadn't picked up.

In this video, I break down how I fell for this trap and share some advice on things to watch out for before getting a credit card for yourself.

Related Content
Credit In South Africa - https://www.youtube.com/playlist?list=PLwprJ6z3wmfgxMkhU8bkbaOh1sI9vfCXI
Is Lifestyle Creep Keeping You Poor? - https://www.youtube.com/watch?v=M1708DaASgo
A Practical Guide to Living Below Your Means - https://www.youtube.com/watch?v=K3ZowwQ8pgw
Standard Bank Credit Card Terms and Conditions - https://www.standardbank.co.za/secure/applications/credit_card/creditcardterms.htm

Intro - 00:00
How Credit Cards Work - 00:48
How People Spend Money - 02:40
How I Got Trapped - 04:10
Words of Wisdom - 10:04

#CreditInSouthAfrica #trying2adult

About trying2adult:

My name is Tino and shortly after I got out of varsity, I quickly realised that adulting was the ghetto. There's just so much I don't know... and no one teaches you these things we need to know when we grow up. So join me as I try to navigate adulthood, exploring topics like career, money, health, and I vlog too! If you enjoyed the video, subscribe to my channel for more content!

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Видео Here's Why Credit Cards Are a Trap | trying2adult канала trying2adult