THE TRUTH About Paying off Your Credit Card with Zero Cash Flow

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Can I really Pay Off my Credit Card with Zero Cash Flow? (The Truth):

A popular financial strategy on YouTube is centered around the idea of paying off one's credit card with zero cash flow. The strategy involves paying all of one's expenses through their credit card which in turn helps lower their average daily balance. By virtue of lowering their average daily balance, individuals can see slight savings in monthly interest payments. Although the idea of being able to pay off your debt with zero cash flow can seem fantastic, the reality is, that for many, it is just providing a false sense of hope.

But the truth is, paying off a credit card(s) with zero cash flow is not everything it is made out to be. That is why, in this video will go over why it is not suitable for everyone, the major risks with the strategy, and other alternative strategies that individuals can use to pay down their credit card debt if they don’t have any extra cash flow.

Please note that this video is intended for educational and entertainment purposes only and should not be considered financial advice.
9 ماه پیش در تاریخ 1402/08/08 منتشر شده است.
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