In this episode I go through the light and dark of credit cards to help you better understand the risks, rewards, and how to use credit responsibly. I go through:How interest accumulates on a credit cardThe psychology of why we spend more when paying on creditWhat minimum payments meanHow credit can impact your ability to get a mortgageHow credit card rewards points workHow to assess a credit card’s perksHow to spend responsibly on a credit cardAnd how to recognise when credit isn’t serving you Please approach credit products with caution and do appropriate research before applying.- Sign up to The Glue: my weekly feel good finance newsletter www.thebrokegeneration.com/subscribe, where you’ll also nab access to my free 7 daily tasks to set up a budget.Where to find me:Instagram: @the.brokegenerationBlog: www.thebrokegeneration.comDisclaimer: Information contained in this podcast is for entertainment purposes only and should not be considered financial advice, nor used to make a financial or investment decision. Please seek professional advice for information tailored to your own circumstances. Head to Finspo.com.au to get started