Should You Pay Off Your Credit Card Right Now or Save? – Episode 357

What should you do when you have credit card bills at this unbelievable time: pay your bills or not? Listen to Kim and Spencer’s insights.

Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Economics thinking and strategies today!

Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.


Links and Resources from this Episode

 

Show Notes

  • Pay off debt? – 0:52
  • Lower your credit limit – 1:30
  • Saving money – 2:08
  • Savings is more important right now – 2:19
  • Keep extra cash in the bank – 2:44
  • Thinking with a prosperous mindset – 3:46
  • At what point does it make sense to pay off credit cards? – 4:59
  • Credit card interest rates – 5:44
  • The importance of having savings – 6:35
  • Handling emergencies – 7:12
  • What we should do right now – 7:50
  • The amount of credit scores – 9:07
  • Your financial balance sheet – 11:02


Special Listener Gift

Kim Butler’s groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth… and what to do instead! 


Review and Subscribe

If you like what you hear please leave a review by clicking here

 

Subscribe on your favorite podcast player to get the latest episodes.

Leave a Comment

Your email address will not be published. Required fields are marked *

Share this post

Facebook
Twitter
LinkedIn

Begin your journey with the Prosperity Action Pack

Get immediate access to our short ebook Your Guide to Activating Prosperity, audio recording, our summary sheet about the 7 Principles of Prosperity™, and our subscriber-only Prosperity on Purpose Round-Up. 

Just fill out this form and get access now!

Get access to our free webinar today

Discover the first step to financial freedom

 

How much permanent benefit high cash/value dividend paying whole life am I entitled to?

Get your free wealth-building action strategy. Take the quick finance quiz now. Get Access