How Rich People Use Credit Cards

[@ArmandoTheThird]

The rich stay rich by spending like the poor and the poor stay poor by spending like the rich. Great video! This is very true. 💙

[@78Vertigo]

So the rich spend like poor people who spend like the rich? What

[@ArmandoTheThird]

78Vertigo This simply means that we should not spend beyond our means. If we want to buy something, we have to make sure that we can buy it without breaking the bank. Meanwhile, there are people who would break the bank just so they can buy what they want to look like rich.

[@jumexsuave501]

A wise guy once told me if you can't buy it twice you can't afford it.

[@666dynomax]

On a credit card none the less

[@joshuasummers7440]

​@@ArmandoTheThird also you have to have to be responsible when it comes to your finances and put what you need ahead of what you need of ahead of what you want.

[@sirdavelorenz]

I like how this video was able to get the message across using minimalist and classy presentation style.

[@emilymichel8333]

All praise to LegitCardPlug on telegram for his outmost transparency and generosity, after paying for cc and high PayPal money transfer I got what I paid for without stress. You're the best vendor man

[@darylp9306]

Yes indeed. Exactly the words on my mind. He was very successful IN GETTING THE MESSAGE to the intended viewers with clear and simple words and excellent infographics! Bravo indeed!

[@papageltv5870]

Nobody does it better than J3. He is one of the best person I know who can clearly explain topic about money. J3, you are the best!

[@randompotassium1111]

The last point is on point. Many people chase credit card rewards and end up spending more than they should.

[@cidoria1372]

Was astonished that If a person has a good CC standing you can actual waive the annual fee. Great topic :)

[@emilymichel8333]

All praise to LegitCardPlug on telegram for his outmost transparency and generosity, after paying for cc and high PayPal money transfer I got what I paid for without stress. You're the best vendor man

[@macster1457]

I always pay the statement balance in full to avoid paying interest and benefit from the cash points they offer.... and yes, only use a credit card if what your'e purchasing is in your budget.

[@jessamorales7876]

Same. I think of credit card as cash so that I can avoid of over spending.

[@ricopablo7149]

I am very grateful to have your video in my personal library of knowledge... extremely helpful! Thank you.

[@emilymichel8333]

All praise to LegitCardPlug on telegram for his outmost transparency and generosity, after paying for cc and high PayPal money transfer I got what I paid for without stress. You're the best vendor man

[@DXTokusatsu]

very informative video. sana lahat ng social climber mapanood to. pero di naman sila nanonood ng mga gantong video.

[@salillasjayson]

hahaha

[@sirchtnecnivsanti7273]

Ayyy nanonood ako neto nu!

[@samraon9628]

Buti ka pa no nanonood ng ganito HAHAHA tawagin mo ung mga kapwa mo social climber dun sa labasan ng kumita sa inyo itong channel nato.

[@ajanastacio9206]

lol

[@melibethballad7360]

Very clear explanation. You are a natural teacher.

[@darylp9306]

Wow. Bravo! Very clear. Very precise. Learned a ton! Thank you so much. Hope more Pinoys get financial literacy from your channel. Kudos.

[@jeahandecastro71]

2 credit card ko.. Parehas di ko pa inaactivate.. Kasi natatakot ako.. Pero after i watched dis video.. Naliwanagan ako.. 😅 thank you 😁

[@callmenonet]

This is helpful, thank you for sharing!

[@JohnBrekke]

I thought this was how everyone used CCs. But really great video as it seems many were not.

[@emilymichel8333]

All praise to LegitCardPlug on telegram for his outmost transparency and generosity, after paying for cc and high PayPal money transfer I got what I paid for without stress. You're the best vendor man

[@boogle19ify]

Because of this I subscribed to your channel. Well informative and nice narattion

[@gemmam6559]

I'm definitely not rich but I practice all of these. That is why I don't understand why ppl only pay the minimum balance. Isnt that common sense? Why waste money paying more than what you actually bought? Hindi ko matanggap yun lol

[@darylp9306]

Lam mo na pinoy, pag sinabeng ppde minimum, happy sila agad kasi di malaki nawala sa knila. Kala nila makakatakas na sila sa tunay na obligasyon. Di nila alam mas pinapahirapan lang nila sarili nila in d end.

[@venmadalogdog]

You have a rich mindset

[@mariaponce2244]

Thank you so much for this helpful info!

[@maricaramit5111]

I wish all people watch this, very imformative coach

[@trevorimber9915]

Wrong, rich people do NOT hate borrowing money. They will do so if taking debt would increase their money. Plus, taking debt has benefits too besides lowering their taxes.

[@gilean6179]

leveraging.

[@c4ndymint1]

I like you term "soon to be poor"!!!👏

[@jare2550]

The best talaga si Sir J3. Godbless you more!

[@hawaiiantravis7332]

Summary at 9:00 your welcome

[@makiyatow3286]

Rich pala ako🤣 Thanks for this, sir!

[@PinoyMoneyAcademy]

Welcome Maki!

[@Energoscels]

You're back J3!!!

[@jhonielapacible8176]

Super informative 💖

[@jacob4u_]

Very helpful channel ❤️. I love your content 💓. Thank you for making these videos 💓💓

[@beyzayuncuoglu]

Omg this is very helpful. Thank you

[@edzcarretero5571]

Very helpful

[@salillasjayson]

great content as always! thanks j3!

[@charlieestillore6714]

Thank you j3 as always, very informative 🙂

[@LiamDinh]

I was wondering how many times you can ask to waive CC annual fee. I, myself, feel very terrible if I keep asking to waive for next year, and next year etc.

[@mmp495]

The banks love ripping your face off if you allow them... let go of that guilt...in fact don't use credit cards and you don't have to worry about annual fees👍🏻

[@raniras8850]

Fantastic Sir

[@kalasag]

Very informative!

[@alvin4100]

Im always amaze how I find what's common sense to some people are a mystery to most people.

[@josemigueldionora237]

All my life I've been taught that credit cards are bad. Thank you for educating me for what it really is and how it's just a tool for convenience. I really like the part when you said that the rich use credit cards for things they can only afford, not to make something more affordable. Now, I can say I can spend and use my credit card with confidence. Thank you so much for this video!

[@millerwilliams8723]

Excellent Video!

[@PinoyMoneyAcademy]

Thank you! We hope that you learned something that might help you

[@agostinhojosealexandre5594]

Where have you been all my life, man!!!

[@gashiyumi3124]

You mean .... it depend on a people not on rich or midle class and poor

[@jay-rpascua1678]

Good content. However, tip #3 doesn't sit well with me. Why use a threat, when one can use logical reasoning to waive the annual fee? I keep track of my annual spend and use this as leverage for the waiver. Good enough spending and prompt payments will merit a waiver. And this has worked for me.

[@PinoyMoneyAcademy]

Nice, thanks for sharing that tip!

[@gilean6179]

There are several credit cards with perpetually no annual fees. Just google it.

[@maydiaries8718]

thanks for sharing. this is so informative!

[@lilmonster23]

Very formative idk how people disliked this video.

[@mangyanteam3918]

Subscribed! 👌

[@kuyajuan9423]

Thumbs Up! I learned something. Thank you

[@michaeldelosreyes8810]

Very informative video....

[@funny2thag]

I would think this same tactic doesn’t work on American Express Platinum, but in 2020, maybe?

[@emilymichel8333]

All praise to LegitCardPlug on telegram for his outmost transparency and generosity, after paying for cc and high PayPal money transfer I got what I paid for without stress. You're the best vendor man

[@JLW667]

Thank You Thank You Thank You!!!

[@kylerd0330]

Is it advisable to convert credit to cash and invest in the stock market?

[@sklude3831]

I use credit card after statement date, it gives me 30 days to pay the purchase in full. I use cc only when necessary and pay it in full.

[@jare2550]

Good tips!

[@kentrobinson7479]

I use credit cards daily. *ALWAYS PAID IN FULL*

[@reynantelisbo1677]

If you use your credit card for your business and going to max out every month but you never failed to pay in full, is it a good idea concerning your credit score?

[@EBNZRFILMS]

nice presentation!

[@kingdomofheavenmusic3]

So then waiving the annual fee means that they won't charger you the next year?

[@jeanie1137]

NIONSOMNIA They will. You’ll just have to make another request the following year and so on.💁🏻‍♀️

[@davidprieto2241]

well said!

[@iamhopper6552]

Natawa ko dun sa "soon to be poor" emphasis.

[@PinoyMoneyAcademy]

Hahahaha! That's the reality

[@jeff9683]

i dont want to be "soon to be poor" :(

[@janetcalies4477]

I came on youtube and forums looking to provide for mine. He paid off my debts😃. He topped up my Discover Credit Card with $35,000 and Regions bank account with $9000. Exclusively for U.S and Canada citizens. Contact trusted bank expert on whatsapp [phone] or brian247solutions@gmailcom.

[@tricks5260]

Bank watching this

[@Jp-vj8vx]

To be honest, Rich people don't bother rewards because they can afford it, some rich actually dont know that you might spend more than getting reward points but the real reason why they dont bother getting rewards because they can afford it simple as that..

[@JohnBrekke]

That’s not at all true. The “rich” are usually even more aware of various rewards they can get than others. Only difference is that they may not care about the rewards at H&M or the book store, but rather of airlines, hotels, credit card companies, casinos etc.

[@TheDogondone]

The most expensive thing in life, is being poor.

[@ncabcabin]

Does Filipino credit cards have cash backs, traveling points and special perks?

[@darylp9306]

Yes. We have a plethora of cashback cards from major banks that offer up to 6% cashback rewards.

[@evernightt]

"The middle class & soon to be poor." I'm wheezing. Lmao.

[@emilymichel8333]

All praise to LegitCardPlug on telegram for his outmost transparency and generosity, after paying for cc and high PayPal money transfer I got what I paid for without stress. You're the best vendor man

[@jeromehenry4484]

Have to disagree with Poster that the rich never pay interest. Yes they usually do payoff their CREDIT CARDS every month, however, they do pay interest on mortgages, car loans, business loans, etc. The big difference between the rich and not rich is the rich are interest-rate sensitive, the not rich as monthly payment/minimum payment sensitive. A rich person will ask the banker "what interest rate can you give to me?". If he doesn't like that interest rate because it is too high for his liking (example a 10% APR vs. 15.99% APR on credit card), then he will walk away and go to the next banker, until he finds the banker that gives the interest rate he deserves. The not rich are worried how to fit another bill into their monthly budget, like a car loan, and are also concerned that they might be turned down for a loan because of their existing debt-to-income ratio. Rich use leverage when it benefits them.

[@SamSung-jv3jm]

I typically pay in full but sometimes it takes me 2 months to pay my balances down.

[@minionslifestyle3916]

Wow thanks for the info. New friend here

[@sud-ong]

Ang yaman ko pala, charot.

[@officialopenbox]

2021 still relative lol

[@petite_chinito]

"The poor and soon to be poor..." -- Classic! LOL!

[@milangadakari]

Lol soon to be poor was funny 😀

[@chavo-batman1822]

Hell yeah I liked this video has more tell me I’ll Watch them all

[@olliethetrucker417]

This is basic personal finance. Don't have to be rich to do this.

[@monicakamka5058]

How come your voice is different.

[@user_abcxyzz]

Puberty

[@chacelbuedron6383]

No 4 some credit cards especially sa ibang bansa hindi ka pwd mag pay mg more than sa limit mo

[@coleencequena1386]

OMG!👏👏👏

[@kentrobinson7479]

*100% CREDIT CARDS* for rewards...100% paid in full

[@heartbvlogs]

si Tim Yap owner neto?

[@aneesmohammed8522]

I am following the same rules last 10 years but still I am poor😢😂

[@casamequite]

Rich people don't have credit cards because they have money. A debit card is just as convenient as a credit card and also has the same fraud protection. A debit card does everything a credit card will do except put you in debt. Debt is money cancer. Credit cards are the cigarettes of the financial world. People get rich by working, living on less than they make, saving and investing over time.

[@whizbrad]

Credit cards have perks; that’s why they are more practical than debit cards if you have great financial discipline 🤑

[@gracemayombo7503]

👌🏾

[@MuggyATL-DeKalb]

This video is too loud why is he yelling at me 😭😭😭 I need to chill out w my credit card use

[@sukkuson9565]

why would the rich bother waiving the annual fee? i guess they're not rich after all.

[@mercedeswilkins5566]

They don’t use credit cards 💳.

[@emmanmalabayabas9698]

Pwede pa kaya ma waived ang annual fee ng credit card ko kahit nung 1st year palang di ko na pa waived.sabi kasi pwede daw i waived sa 1st year e 5 years ko na ginagamit card ko pero di ko na man na pa waived ang annual fee nya

[@vilmafernandez5475]

👍👍👍

[@jervypolistico3377]

The wealthy is disciplined the rich isn’t*

[@neno56527]

wtf is a peso

[@robson1426]

soon to be poor lol! nice term

[@user_abcxyzz]

Pesos 😂

[@heartbvlogs]

Very informative!

[@PinoyMoneyAcademy]

Glad you liked it