3 Reasons I NEVER Use a Debit Card
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I’m going to give you 3 reasons why I never buy things using a debit card, never have, and most likely never will.
Most people typically have two types of cards in their wallets, a credit card, and a debit card.
If you use a debit card to withdraw cash from your bank’s ATM, that’s perfectly fine.
However, this video is going to touch on 3 reasons Why cash or credit cards are the superior option to using a debit card.
1. You can’t build credit using a debit card
2. Credit cards have significantly better consumer protection
3. You can’t earn rewards, points, or cash back using a debit card
Watch the entire video to understand my full thought process on these three reasons.
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⏰ Timestamps ⏰:
0:00 – Intro
0:31 – REASON 1
1:50 – REASON 2
4:14 – KUDOS SPOT
5:47 – REASON 3
7:31 – MY THOUGHTS
8:59 – LOL
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My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort to every video that I make. I also believe in complete transparency and open communication with my audience.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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