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PRATHAM
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Medial • 8m
Credit Card Will make you Poor‼️ Even though you are meeting all protocols, you are using it stupidly, although if you have 800+ credit score Reasons: 1️⃣ Invisible Money Heist: When you swipe that card, your wallet doesn't get lighter. You don't feel giving money and hence you spend more 2️⃣ Reward Points: "Free" movie tickets for spending ₹10,000? Congratulations, you just paid ₹10,000 for a ₹200 ticket. Even your local shop gives better deals! 3️⃣ EMI (Equated Monthly Installments): allows to diversify cost over time , this leads to paying more than the original due to interest charges. 4️⃣ Hidden Charges: Annual fees, processing charges, GST - by the time you're done, you've paid more extras 5️⃣ The Lifestyle Upgrade Delusion: That card might make you feel like SRK, but your bank balance is more like KRK. If not paid before deadline then you have to pay high interest like 30%+ Solution? Shift to cash or Debit card
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