💰 Money & Finance

Credit Cards Can Make You Rich or Broke - Here's Why

24 December 2025·41.1K views·861 likes·45s·140 words

Key Takeaways

  • 1With the right knowledge, you will never pay 100% for your flight again
  • 2You will never pay 100% for hotel stay again
  • 3You may never again get the same amount of money you get when you go to buy gold
  • 4So you should know how to utilize all these benefits of credit card
  • 5Credit card is a very good tool, a very good instrument for those who know how to use it

Full Transcript

Credit card is a very good tool, a very good instrument for those who know how to use it. And it is a very disastrous instrument for those who don't know what it is for. If I tell you the interest of credit card, then it is 36-48% of the FNM's interest. And one more thing, it also requires GST. There is no interest and no GST other than credit card. So if the government knows that it is stuck, then they will charge it with interest. With the right knowledge, you will never pay 100% for your flight again. You will never pay 100% for hotel stay again. You may never again get the same amount of money you get when you go to buy gold.

So you should know how to utilize all these benefits of credit card.

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