Credit Cards Are Not What You Think
Jan 09, 2025 3:16 pm
Hey
As you very well know, we aim to challenge the common perceptions surrounding credit cards. It's crucial to approach this topic with the right mindset, as credit cards are often misunderstood.
"Credit cards are not what you think."
Many financial advisors, particularly one prominent guru, advocate for cutting up credit cards entirely. While this advice may be suitable for those who struggle with managing credit, it is not universally applicable. For business owners, real estate investors, and individuals seeking to build wealth, a more nuanced approach is necessary.
"Let's not throw the baby out with the bathwater."
Understanding how to effectively utilize credit cards can be a powerful tool in financial management. This involves recognizing the benefits and strategic uses of credit cards rather than dismissing them outright.
I go over that and much more in my class, which you can find here: Velocity Banking 2.0
Someone once said, that you will have the average monthly income of the 5 people you hang around.
If you don't like that number, let's expand our network.
Join me in my Webinar this Tuesday at 8pm EST and find out what is quickly replacing traditional banking methods... that didn't work for us anyway :)
CJ Wallace