Abie's Debt Review

@erich84502ify says:

What have we done to ourselves and how do we fix it beside for Donald Trump

@BEACHDUDE71 says:

Spend your money Gen Z, there's no future ????

@christopherwanamaker828 says:

Lets make this abundantly clear once and for all on how a real mature adult uses Credit Cards properly, the way they were always meant to be used! What would make someone a actual Credit Card person? The first step is to find and obtain a Credit Card that has some kind of an actual rewards benefit to you, that will actually benefit you in some way, shape, or form whether that's cashback or airline miles that add up that you will actually use later on in life. So, Credit Cards that can benefit you with a little extra in some way. If there are no extra rewards, its a bad Credit Card choice. Second, for those who aren't aware there are different level Credit Cards, usually levels 1-3, but some Credit Unions do have a level 4. These different Credit Card levels usually indicate experience, higher credit limit, and an increase in reward benefits. For example, I once had a level one Rewards Credit Card with a 0.5% cashback rewards and then as my Credit Scores increased I qualified for a level three Rewards Credit Card which increased my cashback rewards from 0.5% to 1.5%. Three, in order to use all Credit Cards responsibly you have to know what the Max Credit Limit is for each card, you have to know the APR interest rate for each card and is it currently active on each card? Next you need to know or figure out what is 30% of your Max Credit Limit for each card? For example, if your Max Credit Limit is $2K, then 30% of that is $600. Those who are Credit Card people and who use them responsibly and wisely, spend no more than 30% or less of their Max Credit Limit per month and then pay off the Total Balance for each Credit Card when its time to pay, without fail. Because this process is the recommendation of all 3 Credit Bureaus. Credit Card responsible people don't spend money on a Credit Card they don't physically have sitting in their personal checking accounts. They won't go spend $5K on a Credit Card when they only have $1K or $2K in their personal checking account because a Credit Card is not free money, its just an extension of your bank account. And if you leave a remainder balance on the Credit Card because you couldn't afford to payoff the total balance when its due, then the APR interest gets multiplied by the remainder balance which means you just lost more money out of your pocket and gave it away for free to your bank, that's how they make there money off of you by hoping and preying that you will be irresponsible so they can continuously make money off of you! The only time one should spend more than 30% of there Max Credit Limit is when its an "Emergency Situation" and you have no other choice because these situations are usually one off situations. If you continue this proper process consistently for 6-12 months it will begin to massively affect and improve your 3 different Credit Scores in a positive way. Those who are Masters of this process, of having a high Credit Limit but only use 30% or less each month, do so repeatedly. Because they have great patience and discipline and live within their means. These are the type of people who obtain 800 or higher Credit Scores within a year or two of use of this consistent process! And then those who finally reach 800 or higher Credit Scores on average spend 10% or less per month of there Max Credit Limit and yes this even goes for having two or more Credit Cards. If you have two or more you need to be spending 30% or less for each of the Credit Cards but also spending 30% or less of the combined Max Credit Limit of all your cards. After so long of doing this proper process with Credit Cards it will increase your Credit Scores, it will increase the different levels of Credit Cards you can obtain, and it will increase your overall Max Credit Limit over time as well. For example, in the past few years one of my first level 3 Credit Cards went from a $5K Max Credit Limit, to a $6500 Max Credit Limit, and then a little over a year later it increased again from $6500 to currently $7800 Max Credit Limit, which did allow me to increase my spending on how much I can charge on the card but still remain under either the 30% or now 10% amount. You can wait for this increase on your Max Credit Limit to occur naturally over time or as your Credit Scores increase by about a 100 points or more over time you can call up your bank that you got the Credit Card from and they can pull a hard copy of your Credit Score to see if you qualify for either a higher level Credit Card or an increase in your Max Credit Limit of your current Credit Card. Also, if you don't own a business you shouldn't have more than 3 Credit Cards Max in your pocket because after that Creditors begin to see you as high risk, unless you bring-in major 6-7 figures for your household income. These are the hints, tips, and tricks of proper use of Credit Cards that one should learn within your Senior year in High School but you don't! And yes, I know what I'm talking about because 2/3 of my current Credit Scores are above 800 and the other one is currently high 790's. If anyone is interested I have my own YouTube Channel under my Full-Name with the same profile picture as this post. I currently have 248 Subscribers, 45 videos, covering 25 different topic category subjects sharing my personal adulthood knowledge and experiences to help others if I can. I have content on several Financial Literacy advice videos on things like proper detailed use of Credit Cards and how Credit Scores really work and how these two things intertwine with one another, to include a dozen Cooking Creation Recipe videos, Utility Bill Life Hacks video, Building oneself a high quality 24-72 Hour Survival Bug Out Bag videos, and Home and Vehicle Preparedness and Readiness advice video for Emergency Preparedness Management for one unpredictable future dealing with more extreme weather from global warming!

@censoredamerican3331 says:

Most of the current tax revenue is from the top. We are the new target.

@fleabag2mr.151 says:

Stop buying stuff you can't afford if you can't pay cash. Stop borrowing 100k in student loans for a 50k a year job. Stop buying a new 40k car making 50k a year. Stop whining and live within a budget until you can build up your yearly wage.