The corporations are playing a game, and you can't win. So opt out and stop playing the game! In the part 4 of the "Why I Hate Debt" miniseries, Jesse explains how behind every credit card is a clever system of points, travel miles, and other "free" rewards designed to keep you spending and in debt.
Credit cards are a very profitable industry. Would banks and finance companies be giving away rewards if they weren't making a profit from it? Of course not! They've got the data, they've studied the statistics, and they know people will drive themselves into debt, where they can rack up fees and interest.
So join Jesse, stop playing the game, and start hating debt!
Sign up for a free 34-day trial of YNAB at www.youneedabudget.com
Why I Hate Debt Pt. 3: Cost of Opportunity
Why I Hate Debt Pt. 2: Constraints & Creativity
Why I Hate Debt Pt. 1: Cash
Handling Wildly Variable Income
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Sowing the Seeds of FI
Arbitrary Milestones
Categories Below the Line
Nickeled and Dimed
Sure We Could. If We Had To
2FA FTW
Everyone's a Lender
Payday Lender...Apps
Fixing the Paycheck to Paycheck Cycle
Rule Four and Waistlines
Rule Three is War
Rule Two Broken Down
Rule One Broken Down
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