Money Confessions: I Have a Fear of Credit Cards, How Do I Get Over It?

Welcome back to Money Confessions, a weekly series where you tell us your deepest, darkest money secrets or hot takes. This week, Sim discusses her childhood experiences with credit card debt and emphasises the need to understand one's unique money history. She explains the differences between debit and credit cards, highlighting the potential rewards of credit cards but also the risk of overspending. Sim advises listeners to evaluate their spending habits before getting a credit card, emphasising that financial success goes beyond just credit card rewards.Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! We’ve rebranded from Girls That Invest to Friends That Invest—same mission, new name. Thanks for growing with us. Hosted on Acast. See acast.com/privacy for more information.