To summarize this video, the best time to pay your credit card bill is after the statement close date but before the payment due date. This period is called the grace period, and when we make a credit card payment, we should also pay the entire statement balance. This video will explain this concept in much more detail by looking at one of my real credit card bills.
Overall, using your credit cards correctly isn't too difficult once you understand the terms in this video. By learning this information, I was able to consistently pay my credit card bill in full on all 15 of my credit cards each month. I have never paid a dollar in interest and my goal is for everyone who watches this video to do the same!
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CHECK OUT SOME OF MY OTHER VIDEOS:
Do THIS for an 800 credit score (5 steps): https://youtu.be/UTZGWuHbmu8
How I save 60% of my income (my budgeting method): https://youtu.be/8CTvAvA8iq4
My NEW 2023 Credit Card Strategy (REVEALED): https://youtu.be/OGaMGNLOy_g
10 BEST Cash Back Credit Cards (No Annual Fee): https://youtu.be/0LyfSTZzm8M
5 Lessons Credit Card Beginners MUST Learn: https://youtu.be/2WLZY7aJ7Ak
When to pay your credit card bill (everything you NEED to know): https://youtu.be/hO_qRWro4KY
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The content of this video is accurate as of the date of publication. Some of the offers mentioned may no longer be available.
Daniel Braun is not a financial advisor. This video is intended for entertainment and educational purposes only, it is not financial advice.
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