logo
episode-header-image
Jun 2024
45m 37s

151: Credit Card Mistakes

Paige Pritchard
About this episode

Credit cards are a tool that you get to decide if you're going to use on your financial journey. Whether or not you will use them will depend on what you're trying build, and how confident you feel in your ability to ues them well. If you do decide to use credit cards moving forward, it's important that you're using them in a way that will help you, rather than hurt you. When used correctly, credit cards can provide incredible perks while also helping you build credit. When used incorrectly, they can cause disasterous consequences with your money and credit score.

Whether you're using credit cards correctly or incorrectly can usually be boiled down to ten common mistakes that I see credit card users making. On this week's episode of The Money Love Podcast I will be walking you through each of these 10 mistakes. By the end of the episode you will be able to pinpoint if you're making any of these credit card mistakes and be armed with adjustments you can make to ensure you're no longer making them. Make sure you join us next week (Tuesday, June 11th - Friday, June 14th) for our Unburdened 4-day live debt workshop, using the link below. Enjoy!

Register HERE for the Live 4-Day Unburdened Workshop (Tuesday, June 11th - Friday June 14th)

  

Work with Paige:

Join the Overcoming Overspending Membership HERE

Use code MLP30 at checkout to save $30 off your first month inside the membership

 

FREE RESOURCES:

FREE MASTERCLASS: Why You Impulse Shop & How To Stop

Get Paige’s Money Recommendations    

Where you can find Paige online:

Website: https://www.paigepritchard.com 

IG: @overcoming_overspending

TikTok: @overcoming_overspending

Subscribe to Paige's YouTube Channel

Up next
Jun 17
204: Grief, Loss, and How It Impacts Your Spending with Grief Counselor Edie Alvarez
Grief doesn’t just show up as sadness—it shows up in your focus, your energy, your relationships… and your bank account. In this deeply compassionate episode, I’m joined by grief counselor Edie Alvarez to explore the intersection of loss and spending—and how unprocessed grief can ... Show More
53m 46s
Jun 10
203: Career Crossroads: What to Do When You Know It’s Time for Something New with Certified Career Coach Meghan McCaffery
Your career isn’t just a paycheck, it’s a reflection of your identity, your values, and your power. In this episode, I’m joined by Certified Career Coach Meghan McCaffery to talk about one of the most pivotal (and paralyzing) questions we can face on our wealth building journies: ... Show More
53m 10s
Jun 3
202: The Art of Splurging with Michela Allocca from Break Your Budget
You’ve heard the warnings about overspending. But what if the real block to your wealth is… not spending enough? In this episode, I’m joined by Michela Allocca, the founder of Break Your Budget, to explore something rarely talked about in the financial world: the art of splurging ... Show More
55m 5s
Recommended Episodes
Oct 2023
Financial Foundations #4: Building Credit & Utilizing Credit Cards
Credit cards have gotten a bad rap due to their easy misuse and the lack of knowledge about credit card best practices. In this fourth installment of Financial Foundations, brought to you by State Farm, Tori’s sharing how and why credit cards are one of the most important credit- ... Show More
21m 22s
May 2020
How To Win At The Credit Card Game | Beverly Harzog
Let's talk about credit cards. It's easy to get a credit card, but wow, they sure can cause a lot of emotional stress and a monkey wrench in your money plan. This pandemic has shown that it’s both good to have credit cards because who saw this thing coming, but also that you need ... Show More
45m 23s
Dec 2021
How Many Credit Cards Should You Have for Good Credit?
Should you fill your wallet with credit cards or limit the number you have? It all depends on how you use credit and what makes sense for your financial life. Laura explains how to use credit responsibly and determine what number of credit cards is right for you. Read the transcr ... Show More
28m 3s
Jul 2022
Rethinking Credit Cards
Do you have credit cards, but worry you rely on them a little too much? Does managing the debt seem daunting? Don’t worry, we got you! This episode is all about the do’s and don'ts of credit cards. Delyanne Barros speaks with credit expert Sara Rathner, from NerdWallet, about how ... Show More
28m 10s
Mar 2019
Work, Work, Work Your Credit Card Points
You might have a love-hate relationship with credit cards, but what if those points unlocked a world of experience for you? On this episode, we're exploring all the magical wonders of credit card points and my system to build up points fast. What You'll Learn My thoughts on why I ... Show More
28m 10s
Dec 2022
Debit Card vs. Credit Card: Which Card Should You Use
Debit card vs. credit card, which card should you use when? It may feel like plastic is plastic, but when it comes to your money, there are some distinct differences between a debit card vs. a credit card. In this Shannah Shares episode, I’m talkin’ when you use which card, how t ... Show More
35m 20s
Feb 2023
What To Know Before You Cancel a Credit Card
Listener Kaitlyn asks: How will canceling a credit card affect my credit scores? Money Girl Laura Adams explains what you need to consider before closing an account, how to minimize hits to your credit, and tips for canceling cards strategically.Money Girl is hosted by Laura Adam ... Show More
25m 40s
Dec 2023
Money Confessions: I Have a Fear of Credit Cards, How Do I Get Over It?
Rent.app Referral Link - http://rent.app/GTI Welcome back to Money Confessions, a weekly series where you tell us your deepest, darkest money secrets or hot takes. This week, Sim discusses her childhood experiences with credit card debt and emphasises the need to understand one's ... Show More
16m 11s
Oct 2023
Ask Shannah: Are Rewards Credit Cards Worth It
This vault Ask Shannah episode was inspired by a question from Bri: "Thank you for being the FIRST person to support me through my financial journey as an adult. I’m currently healing from many different emotions surrounding money. My question for you is about credit cards with p ... Show More
29m 23s
Jun 2023
Ask Shannah: Is a Rewards Credit Card Worth It
This Ask Shannah episode was inspired by a question from Bri: "Thank you for being the FIRST person to support me through my financial journey as an adult. I’m currently healing from many different emotions surrounding money. My question for you is about credit cards with perks. ... Show More
30m 34s