How I use credit cards
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In this episode of The Brother Next Door, I go over the basics of credit cards starting with all the terms associated with them. Then I go over how to read a credit card statement and show you what a billing cycle looks like on a calendar for visual reference. Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.-Robert KiyosakiIf this is your first time listening, welcome to The Brother Next Door Podcast where we have conversations about finance, personal development, and skills to get young adults further in life. We cover these topics by sharing our own personal experiences and bringing people on to the show to provide different points of view. Then at the end of each episode, we will give an overview of what we went over and the steps you can take in order to be in a better position in your young adult journey. IG: Podcast: @brothernextdoorpodcast Latrell: @latrell.carter
