Have you got a credit card and do you use it properly?
In this episode, the two Pauls talk about credit cards, including Paul Merrimans horror story about his first one!! Are credit cards ever a good idea? How can you find the best rates and perks? Why a credit card can be a very useful tool in certain circumstances but only if you are well set up financially - if you are an emotional spender or can’t get to pay day without going into an overdraft you really shouldn’t have a credit card!!! But, if you have one and are in trouble with it, don’t panic, this episode provides the best way to structure the repayments and clear the debt as interest free as possible. The Pauls also dissect our tapping mentality, discretionary spending and all the ways we pay.
Disclaimer: This podcast has been produced by Paul Merriman (Certified Financial Planner CFP®) in his personal capacity. The views and opinions expressed in the podcast are those of Paul Merriman and do not necessarily reflect the views or the position of Fairstone Asset Management DAC trading as Fairstone & askpaul. Some segments of this podcast may be provided to askpaul for the purposes of promoting or advertising on its social media platforms. These podcasts set out some of Paul Merriman’s personal financial experiences and it is not intended to be relied on as financial advice. Where a subscriber has a financial query then they should seek the relevant financial advice from www.askpaul.ie
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