(Telephone rings) Arey baba, I DON'T want your Credit Card..

Who gave you my number? If banks are really after us to get a Credit Card, then there must be... 'Daal me kuch toh kaala'.

But if that's the case, why did BILLIONAIRE.. Kevin O Leiry gave his son this advice… "I told my son, as soon as you get it, Trevor... put $50 on the card and pay it off." Billionaires also get a credit card, even when they don't need it… because there are some secrets about Credit cards.. that can help you get rich.. and by the end of this video, I am going to tell you those secrets.

3 Disadvantages of using a Credit Card

• Problem #1: They Promote Impulse Buying.
• Problem #2: They put you in a lot of DEBT.
• Problem #3: Credit Cards can spoil your CREDIT Score.

3 Advantages

• Credit Cards have Benefits.
• They are Universally Accepted.
• Strong Buyer Protection.

1 Secret Advantage

where this piece of plastic can help you buy a house.

Bonus Tip

To use Credit Cards wisely, remain SANE (Subscribe, Auto-debit, Extensively research).

Remember, Credit Cards can either make or break you. So to use them wisely, I am going to give you a simple… The Urban Fight copyrighted formula.

While using Credit cards, remain… SANE. Chadar jitni hai, pair utney hi phailao. You are not taking Credit Cards for money, but to build your Credit Score. Auto-debit helps you from falling into the hell hole of… paying interest, taxes, late fees… and getting a bad Credit Score. Because, why? Extensively research about your Credit Card's.. Annual Fee, Interest Rates, Hidden Charges, Credit Benefits and read the Terms and Conditions carefully. The job of an agent is to just sell you a Credit Card, it's your job to find out whether that Credit Card is useful for you or not.

So today's Bonus Tip is this.. While using a credit card, remain SANE. Because that's the only way to use Credit Cards wisely.

Another way to remain sane is.. to 'Subscribe' to our channel and hit that 'bell' icon, because we make Career, Finance and Communication videos, regularly. And don't forget to share this video with your friends who don't have Credit Cards (or even have them!) I am Taskeen and I'll see you in the next video.