13: How to Use a Credit Card Responsibly (Even if You’re on a Budget)

🎙 Credit cards aren’t as evil as some financial experts would have you believe. When used responsibly, they’re a great tool to help you make the most out of your money and offer great benefits like points and travel hacking. But how do you use a credit card properly and responsibly without accumulating debt? 🤔

This episode discusses topics like:

🌟 When it’s okay to use a credit card in emergencies;

🌟 What banks and card providers don’t want you to know about your credit card debt; and

🌟 How to use a credit card without going into debt. 

Links from this episode:

Paycheck Budget workbook

Free 7-day online budgeting course

Festive Season credit card debt drops to 10-year low in January 2021

Credit card debt fell and the savings rate rose this year, but financial counsellors issue warning on buy-now, pay-later plans

Credit card debt down more than 20% since COVID struck

Average credit card debt in Australia

Average credit card debt in the US

Remember to:

Join our exclusive community by becoming a Patron - Patreon

🤩 Subscribe so you don’t miss any future episodes.

🏆 Rate and review the show on Apple Podcasts: Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the more likely we’ll be able to get this podcast in front of more people and grow the PMC Squad!

💖 I'd be super grateful for your help in making financial education available to everyone.

The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.