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[DINGS] [TIFFANY] Here's the thing. Every time you swipe your credit card,
you're literally taking out a loan. So if you can't pay them off
in full every month, ask yourself, "Do I want to spend an extra 16% on this?"
Because that's the average interest rate. So I want you to make the shift
from spending from credit to spending from checking. Okay. I want the next month
a no-credit-card-usage month. You know,
'cause that's gonna be a reframe. - Yeah.
- That's literally your word of the day, to reframe. Okay. ["BARCAROLLE" PLAYING]
you're literally taking out a loan. So if you can't pay them off
in full every month, ask yourself, "Do I want to spend an extra 16% on this?"
Because that's the average interest rate. So I want you to make the shift
from spending from credit to spending from checking. Okay. I want the next month
a no-credit-card-usage month. You know,
'cause that's gonna be a reframe. - Yeah.
- That's literally your word of the day, to reframe. Okay. ["BARCAROLLE" PLAYING]
Full Transcript
00:00:01.000 --> 00:00:02.000
[DINGS]
00:00:03.795 --> 00:00:04.875
[TIFFANY] Here's the thing.
00:00:04.921 --> 00:00:09.425
Every time you swipe your credit card,
you're literally taking out a loan.
00:00:09.926 --> 00:00:14.639
So if you can't pay them off
in full every month, ask yourself,
00:00:14.722 --> 00:00:20.061
"Do I want to spend an extra 16% on this?"
Because that's the average interest rate.
00:00:21.896 --> 00:00:24.983
So I want you to make the shift
from spending from credit
00:00:25.999 --> 00:00:26.526
to spending from checking.
00:00:26.609 --> 00:00:27.443
Okay.
00:00:27.527 --> 00:00:31.197
I want the next month
a no-credit-card-usage month.
00:00:31.781 --> 00:00:33.491
You know,
'cause that's gonna be a reframe.
00:00:33.574 --> 00:00:35.454
- Yeah.
- That's literally your word of the day,
00:00:35.535 --> 00:00:36.995
to reframe.
00:00:37.003 --> 00:00:38.003
Okay.
00:00:38.663 --> 00:00:40.581
["BARCAROLLE" PLAYING]
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Movie Summary
Economical advisers give out their tips on how to get smart with money and take control over your economy.