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My Best Tip (@larrychiang)

by Larry Chiang on 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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