My best tip: Turn your mc / amex credit card into a debit card by paying weekly. #805BarackObamaBlvd
—@LarryChiang pic.twitter.com/QJEUDLTaAH— Larry Chiang (@LarryChiang) July 1, 2016
by Larry Chiang
So there is a massive debit card use and people under 24 years old are doing it wrong.
Wrong equals turning a debit card into a financial device that cost more in interest and junk fees
Wrong = using a debit card to pay over-the-limit fees
Wrong = an entire debit system that has set rules to pay hidden fees from ‘authorization holds’
Correct = using your credit card like a debit card
RIght = paying your credit card balance off every day
Right = paying off your entire balance once per week and staying under the credit limit of $500 to $2k by only spending 200/week
Good luck. What is your name
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