A popular finance speaker created some curiosity in the financial market when he made the following statements in his speech to a packed audience:
“Don't have a debit card! I have never had a debit card, nor have my three children. The safest method of finance in the world is the credit card, why use my own money if I can use the bank's, my own? money is saved, invested and earning interest to increase my earnings.” ( Frank Abagnale Jr. )
- Not providing your own money
- Use bank money
- Leave my money invested
- Increase my income at the same time
- Safe method, as it is possible to cancel a payment
- Organize your finances better
Does quantity make a difference?
Of course you may be thinking, oh, but the person who said that is a rich guy, who has a lot of money saved, yes, it could be, it was a big investor who said that, but there is another question we can ask, could he be a mega investor because he does this, among other merits in knowing how to deal with money?
I believe and insist that anyone can do this, and what he says always makes sense, even if it is not enough, but putting the monthly cash payment into some investment, such as fixed income, real estate funds, and withdrawing it only when you pay your card bill, doesn't that make a lot of sense?
Today, credit cards accept various payments. You just need to register it in a fintech application (digital banks), such as PAGBANK, PICPAY, ACESSO CARD, among others. See what you can do to exchange the money saved in payment for a credit card:
- Pay bank bills with your credit card
- Installments of bank slips on credit card
- Pay energy, internet and condominium bills
- All establishments receive credit
Don't be afraid to use your credit card. We never recommend using all your available money in the month, and even using your entire credit card limit. Do one or the other.
Are you out of credit limit?
I have excellent news for you, the banks C6 and PAG SEGURO, launched on the market, a CARD LIMIT modality as much as possible for their customers, that is, if you have one hundred reais saved, these one hundred reais can become your limit or be added to your current limit, just save in the CDB-CREDIT modality, an excellent alternative to save, earn interest and still use the bank's money for everyday life.