Listen on Spotify.

Listen on Youtube.

Firstly, thank you for tuning in and welcome to Episode #2 of The Making Money Simple Podcast!

This podcast will provide bitesize 20 minutes episodes on all things money and financial education.

Credit Cards

David from @thepfcoach and I go head-to-head to discuss all things relating to credit cards.

We first discuss our personal views on credit cards – David isn’t a fan and no longer uses credit cards, whereas I am a big fan of credit cards.

After pitching our respective views, David and I go on to discuss the main benefits of credit cards, main drawbacks, whether understanding credit cards are key to becoming financially educated (spoiler: we both say yes), then finishing up on when you should never use a credit card and who should never use a credit card.

Benefits And Drawbacks

In general, if you use credit cards responsibly, you are able to benefit from lower interest rates and free rewards – such as cashback and points.

On the other hand, if you misuse credit cards you could rack up thousands of pounds worth of debt and spend years paying it off.

Credit Cards And Financial Education

Regardless of your personal views on credit cards, it’s important to understand both sides of the argument – as understanding credit is key to becoming financially educated.

If you haven’t got the cash, or think you may impulse spend and misuse the ‘free money’ that credit cards give you then it is best to avoid getting one.

Also, you should never use a credit card to buy high priced, consumer items – such as bags or clothes.

Listen to David and I discuss all of this information and more in this episode on credit cards.

 

That wraps up the second episode of The Making Money Simple Podcast. Thanks again for tuning in/listening. If you have any feedback, criticisms, requests or questions please get in touch (Instagram @makingmoneysimple).

Listen on Spotify.

Listen on Youtube.

Firstly, thank you for tuning in and welcome to Episode #2 of The Making Money Simple Podcast!

This podcast will provide bitesize 20 minutes episodes on all things money and financial education.

Credit Cards

David from @thepfcoach and I go head-to-head to discuss all things relating to credit cards.

We first discuss our personal views on credit cards – David isn’t a fan and no longer uses credit cards, whereas I am a big fan of credit cards.

After pitching our respective views, David and I go on to discuss the main benefits of credit cards, main drawbacks, whether understanding credit cards are key to becoming financially educated (spoiler: we both say yes), then finishing up on when you should never use a credit card and who should never use a credit card.

Benefits And Drawbacks

In general, if you use credit cards responsibly, you are able to benefit from lower interest rates and free rewards – such as cashback and points.

On the other hand, if you misuse credit cards you could rack up thousands of pounds worth of debt and spend years paying it off.

Credit Cards And Financial Education

Regardless of your personal views on credit cards, it’s important to understand both sides of the argument – as understanding credit is key to becoming financially educated.

If you haven’t got the cash, or think you may impulse spend and misuse the ‘free money’ that credit cards give you then it is best to avoid getting one.

Also, you should never use a credit card to buy high priced, consumer items – such as bags or clothes.

Listen to David and I discuss all of this information and more in this episode on credit cards.

 

That wraps up the second episode of The Making Money Simple Podcast. Thanks again for tuning in/listening. If you have any feedback, criticisms, requests or questions please get in touch (Instagram @makingmoneysimple).

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We won’t spam you whatsoever, and will never share your details.

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