Flipkart me 7144 ka Liquid cooler master liya tha Payment Flipkart axis credit card se kiya tha phir cancel kar diya sala 6,7din ho gaye hai refund Flipkart se aya hai Lekin credit me nahi🙂
@@dietitianchanchal3465 I Keep only 1 credit card. I use it for all my expenses and auto debit makes my life easy. No interest or charges ever levied to me in last 15 odd yrs. They started my cc limit with 50000. Now it's over 7 lakhs. They recently offered me their most premium private card. Credit cards are free, safe, convenient and offer interest free loan. It also helped me build my credit score and I can take all kinds of loans if needed.
I love your videos and the logic you got while explaining stuff, i have been watching a few and I saw the rent vs buy home video and this one, for me you're best finance tips person in both conservative and modern personal finance approach!
@shibainu7500 If you had so much savings, you would not have an emergency. Let's say there was a medical emergency and you needed 2 lakhs...can you really build such a big emergency fund? And don't assume everyone is salaried...think small business people. No regular income, no medical insurance, and no pension walley.
Mere ko smjh nhi aata kyun kuch log credit card ko itna bekar btane me lge hue h.... Agr mere ko 1 month ke liye interest free credit mil rha h to isme dikkat kya h??😅 10 saal se credit card use kr rha hun mai aisa boht baar hua h jb mere savings account me utna balance nhi tha bt still mne credit card use kiye Mme payment hmesha due date se pahle ki mere ko to aaj tk koi dikkat nhi aai Nd mera credit score bhi boht accha h
But one factor is that for merchant, Credit card transactions usually have more transaction fees than Debit card transactions due to which the prices increase.
Charges are there but seller can't can't charge that to buyer. There is a government ruling also to it. If still they insist .there are other sellers too.
@@deepakmethani8906sidh sidha bolo ki H silent hain or sound O or O ek vowel Hain people like me confused with this sentence a honest person or an honest person because h is not a vowel
@@Empiredata561 Wait a minute bro : tell me which are correct !! 1. I visited a university yesterday. 2. I visited an university yesterday. 3. I bought a umbrella today. 4. I bought an umbrella today. 5. Ram is an honest. 6. Ram is honest. 7. Ram is honest boy. 8. Ram is an honest boy.
Exactly what I do.. I buy using my CC... and then immediately pay it off.... I earn around 600 to 2k per month on cash backs... and I owe 0 by the end of the month
@@ZaikaBiharka29 ICICI Amazon Pay.. but cash back will only come in Amazon.. it works for me as I shop 80% from Amazon.. but HDFC also has good cash back cards.. you just have to explore what card suits your spending type
Ek baat batao aap... Jaise mujhe kuch lena hai 70k ka credit card pe discount mil rhaa mere paas pure paise hai turnt pay krne ka but credit card me offer mil toh kya credit card se pay krke turnt pura Paisa pay kr skta hu?
1. It is a safe card with no liability on individual on theft. 2. Excellent offers and cashback. 3. Prevent the hassle of paying for things if salary is to be credited in a week or so. 4. Reward points redemption is a hefty amount. 5. Lounge access at airports, that too almost free. 6. Some cards like Amazon ICICI pay gives more than you demand for. 7. Can come very handy in emergency, we don't have to ask anyone for small amount. 8. Good use and timely payments drastically improves credit score. 9. Finally weak people can't handle them therefore its designed for them.
That has been my motto for the past 10 years, since my first credit card. I have never missed or delayed payments and never bought anything beyond 50% of my salary.
If a person is disciplined enough he can use it to manage 15-20 days business transactions.....for that one must know about each transaction he's doing including the dates of transactions🥂
Awesome line.. Never buy anything with credit card which you can't pay by your debit card. I follow this exact rule for last 5 years and have built a very good credit score above the rewards I get by spending. Hope every one gets this simple rule to follow
Thats 10000000% correct, and if you'll use this line in ur actual life, you'll be making a lot more than what a credit card offers. Believe me, I have been using CC since 2018 and all bill payments are 100% on time. And it gave me rewards more than worth 1.5 Lac since then, though I have only 20-25K average monthly expense by CC.
Make huge expenses from the credit card, for which the money is already saved in savings account. This will increase your savings and delay your payments or atleast let you pay in increments. Example: You use your CC just a day before you receive your salary, then the current salary and the next month salary can be safely parked before paying off the dues.
I have a personal rule to enforce the guideline shared in this video. I don’t wait 40 days to pay my credit card bill. I pay the credit card as soon as I have completed my purchase. This way I get the benefits of using a credit card, and I am also not getting trapped in debt cycles.
I use credit card for convenience, credit score, rewards, emergency and I have myself set credit card limit which I make sure my expense doesn't exceed that limit and I have been using credit card for 7 years and have excellent credit score which will definitely help me in future for any kind of loan if require.
Pesa h kharch krne ka lekin credit card ki limit ka dhyan rakho. Use krna bhi zaruri h. Jyada use kre to bhi score down ho jata h. Kbhi bhul gye pay krna to penalty ki tension. Ye itna jyada hassle h ki kbhi na kbhi galti ho jati h. Isse acha to lo hi mt
I started using CC from 1995. I always followed the said rule... here is a catch... Ek din aisaa bhi aayega ki aukat bhool jayenge (over confidence). Thise who used CC over 10 years known this very well.
Reward points lure you to expend more so in a way its not good for anyone. Probably good for those with very high financial discipline. But such people are miniscule in India.
It's human psychology, it is for sure fixed who ever will have credit card will spend extra for sure may after months or years but surely. And then pay higher intrest rates. Plus there might be few ways they have extra charges than normal debit card.
I rarely use credit card. Only use when I get good offer otherwise not. My credit limit increased twice in last one year surprisingly. My all CCs are lifetime free.
usefull to fixed salary person to maintain updown spands salary is uniform but Spans æ unform . credit card just like the viscosity layers of spends . if you can't bear sudden spends,then work too slowly down only .if nobody friends , it' may help . should you ever dare to cross the limit of salary .
Very powerful message: Never buy anything with credit card that you can't buy with debit card or upi. Also, if you ever get one, never get rupay credit card and link it to upi
I would say, pay by credit card if u can pay it within next 30 days for sure. Thats the whole logic of CC. Money when its required but need ro repay asap. Not free money Not alrenate to savings balance.
I bought 3 smartphone worth of 30,000 through credit card for me and my family (around period of 2yrs) I can't afford 30,000 once I can pay 3-5 /month What's wrong in it ???
In my case as a business owner... Since there are times when the cash flow is less... I use my credit cards and when i have the money i pay the cards back... Like just last month i didn't had much in my bank... So i spent around 1.4L last month on Credit Card... This month i have the money and have already paid 90k... Will pay the rest 50k within next week... So even if i don't have money to pay using debit card i use my credit card lol😅😅😅
I recently had to make a lot of purchases for home and thought of using my CC so that I can avail rewards but most merchants in our area these days don't give this option because most people pay through UPI and charges come in CC payment. It wasn't like this a year ago most shops had this option. I was disappointed because now my only option to use CC is for fuel and online purchases. So I don't get much rewards these days.
Aur kahi sari cheeze hai. Purchase ka 2-5% credit card company ya bank ko jata hai jo merchant ko nahi milta jisse kuch local shops ke liye nuksan ho sakta hai. Kai sare hidden charges ex. Fuel surcharge, money withdraw from atm via credit card, 40-50% annual interest, and effect on other active loans aur kai sari cheze batate kuch he aur t&c me kuch aur hota hai. Matlab agar puri research na kari ho to mat lo, agar research karke acceptable lage to hi lo.
In mostly cases peopal think credit card = Muft ka Paisa😊
Same 😅
These type of clowns also promote some credit card named as one card 😂😂😂😂
Flipkart me 7144 ka Liquid cooler master liya tha Payment Flipkart axis credit card se kiya tha phir cancel kar diya sala 6,7din ho gaye hai refund Flipkart se aya hai Lekin credit me nahi🙂
Yes, these PEOPAL!!
muft ka chandan ghish mere nandan
~ shidhu paji 😂
What a line sir ...Never pay anything by credit card that u cant pay by debit card ♦️♦️
Sidhe taur pe ye bola ja raha hai aukat me raha karo
Exactly ❤❤❤
Agar log jyada pesa karch karengw tho economy ki growth hogi
Jab Debit card se payment kar sakte toh Credit card ki jarurat nahi hogi 😂😂.koi chutiye ki baato main mat aao
but if you can pay with credit card then it automatically can be paid by card in most cases
Using credit card for last 15 yrs and I am loving it. Never ever paid any charges and seldom encashed reward points.
Konsa CC hai?
But you have spent more
How you manage credit cards
@@dietitianchanchal3465 I Keep only 1 credit card. I use it for all my expenses and auto debit makes my life easy. No interest or charges ever levied to me in last 15 odd yrs. They started my cc limit with 50000. Now it's over 7 lakhs. They recently offered me their most premium private card. Credit cards are free, safe, convenient and offer interest free loan. It also helped me build my credit score and I can take all kinds of loans if needed.
Which one do you have and how much cashback?
I love your videos and the logic you got while explaining stuff, i have been watching a few and I saw the rent vs buy home video and this one, for me you're best finance tips person in both conservative and modern personal finance approach!
Keep a credit card for emergency purchases only. Not for day to day purchases.
Wrong. Build an emergency fund seperately and don't rely on credit cards for emergency.
@shibainu7500 If you had so much savings, you would not have an emergency. Let's say there was a medical emergency and you needed 2 lakhs...can you really build such a big emergency fund? And don't assume everyone is salaried...think small business people. No regular income, no medical insurance, and no pension walley.
Activate a credit card and don't use it for whole year 😂
I bought a laptop with 10k discount.
Lol
Idfc first
Most people take credit cards to avail EMIs on consumer items, since they're not available on debit card.
True! I am following it and my credit score is 855 😊
From many years even I kept telling people that don't pay from credit card if you don't have equal balance in savings account.
Mere ko smjh nhi aata kyun kuch log credit card ko itna bekar btane me lge hue h....
Agr mere ko 1 month ke liye interest free credit mil rha h to isme dikkat kya h??😅
10 saal se credit card use kr rha hun mai aisa boht baar hua h jb mere savings account me utna balance nhi tha bt still mne credit card use kiye
Mme payment hmesha due date se pahle ki mere ko to aaj tk koi dikkat nhi aai
Nd mera credit score bhi boht accha h
@@vikasRajput-mm1wm you got pro level of using Credit card, like me😋. The problem is not paying on time and keep increasing the debts.
But one factor is that for merchant, Credit card transactions usually have more transaction fees than Debit card transactions due to which the prices increase.
Good Point.
@@fleek21 Yes
Charges are there but seller can't can't charge that to buyer. There is a government ruling also to it. If still they insist .there are other sellers too.
Merchants can't transfer the mdr to the customer. Report it to their pos seller.
True lines...❤
I follow this rule 😁
You are an honest person.
*A honest person
@@Empiredata561 No an honest person.. ( Sound "O" ki aa rahi hai Bhai). A.I.E.O.U ki Sound jaa ho waha An lagta hai...
@@deepakmethani8906sidh sidha bolo ki H silent hain or sound O or O ek vowel Hain people like me confused with this sentence a honest person or an honest person because h is not a vowel
@@Empiredata561 Wait a minute bro : tell me which are correct !!
1. I visited a university yesterday.
2. I visited an university yesterday.
3. I bought a umbrella today.
4. I bought an umbrella today.
5. Ram is an honest.
6. Ram is honest.
7. Ram is honest boy.
8. Ram is an honest boy.
@@deepakmethani8906I visited a university yesterday is correct
I bought an umbrella today is correct
Ram is an honest boy is correct
To the point answer ❤️❤️ really it's a genuine answer 👌
Not only for reward points sir, I use cc to build a good civil and I am sure everyone knows how imp it's to hv a good civil.
Isi baat par subscribe kar diya aapke channel ko...badi sahi baat batai aapne.
Pranjal sir really you are a great Teacher
Exactly what I do.. I buy using my CC... and then immediately pay it off.... I earn around 600 to 2k per month on cash backs... and I owe 0 by the end of the month
Konsa cc h
@@ZaikaBiharka29SBI CASH BACK CREDIT CARD
@@ZaikaBiharka29 ICICI Amazon Pay.. but cash back will only come in Amazon.. it works for me as I shop 80% from Amazon.. but HDFC also has good cash back cards.. you just have to explore what card suits your spending type
Ek baat batao aap... Jaise mujhe kuch lena hai 70k ka credit card pe discount mil rhaa mere paas pure paise hai turnt pay krne ka but credit card me offer mil toh kya credit card se pay krke turnt pura Paisa pay kr skta hu?
@@avinash4-5पर तुरंत करना ही क्यों? उस पैसे को शॉर्ट टर्म FD पर डाल दो। 1 महीने का इंट्रेस्ट तो मिलेगा। जब बिल जेनरेट होगा पे कर देना।
Thank you, Best suggestion, sir ji😊
1. It is a safe card with no liability on individual on theft.
2. Excellent offers and cashback.
3. Prevent the hassle of paying for things if salary is to be credited in a week or so.
4. Reward points redemption is a hefty amount.
5. Lounge access at airports, that too almost free.
6. Some cards like Amazon ICICI pay gives more than you demand for.
7. Can come very handy in emergency, we don't have to ask anyone for small amount.
8. Good use and timely payments drastically improves credit score.
9. Finally weak people can't handle them therefore its designed for them.
That has been my motto for the past 10 years, since my first credit card. I have never missed or delayed payments and never bought anything beyond 50% of my salary.
I have taken just one credit card life time free, just to access airport lounge 😎. Thats the only one use n benefits i recon 😁
Which credit card??
And annual fees?
In simple terms... apply common sense 😌 means aukat me raho 😅
😅
@@1234m-m5s😅😅😅
If a person is disciplined enough he can use it to manage 15-20 days business transactions.....for that one must know about each transaction he's doing including the dates of transactions🥂
Very clear understanding
Awesome line.. Never buy anything with credit card which you can't pay by your debit card. I follow this exact rule for last 5 years and have built a very good credit score above the rewards I get by spending. Hope every one gets this simple rule to follow
Wallah dost bahut imandari se baat karte ho aap. Warna to log bas samne wale bewakoof banane mein lage rahte hain😊
Thats 10000000% correct, and if you'll use this line in ur actual life, you'll be making a lot more than what a credit card offers.
Believe me, I have been using CC since 2018 and all bill payments are 100% on time.
And it gave me rewards more than worth 1.5 Lac since then, though I have only 20-25K average monthly expense by CC.
Life too short for wait for things just buy with creditcard and pay later because time is more precious than money
and then run away😂
Debit card is like pay first enjoy later while in credit card 💳 enjoy first then pay later with high amount (high interest rate)
Make huge expenses from the credit card, for which the money is already saved in savings account. This will increase your savings and delay your payments or atleast let you pay in increments. Example: You use your CC just a day before you receive your salary, then the current salary and the next month salary can be safely parked before paying off the dues.
Absolutely spot on 🔥
I have a personal rule to enforce the guideline shared in this video. I don’t wait 40 days to pay my credit card bill. I pay the credit card as soon as I have completed my purchase. This way I get the benefits of using a credit card, and I am also not getting trapped in debt cycles.
Great advise which is nearly never followed
Yes. I also use my card for discounts like Flipkart and amazo sale. and it's very satisfying when you get 2-3 k discount easily
Use krna aana chahiye baki koi dikkat ni
Me 3 saal se use kr rhi hu 5 card h mere pass..bhut bhadiya cheej h 😊
I do it to increase my credit score. Positive thinking. Within 4-5 days I pay up my bill.
Absolutely true… well said
Buy only big things in credit card and put in emi . Don't use credit for small stuff and too much .
This is what I call short and simple 😊
Indeed true...if you can't repay, don't even think about credit card
I use credit card for convenience, credit score, rewards, emergency and I have myself set credit card limit which I make sure my expense doesn't exceed that limit and I have been using credit card for 7 years and have excellent credit score which will definitely help me in future for any kind of loan if require.
Use credit card only on things that you can buy without credit card. It can be very useful if use properly and consciously.
Good advice Sir... 😊
Bhaut hi acchi baat boali hai aap credit card kaa upyog apni aayashi ke liyye tooh bilkul nhi karenge
Bhai ulta boltey ho
Actually log cc ka use apni ayashi ke liye he krte hy
Believe it or not but if credit card is used in a disciplined manner it can be very useful
I use credit card only for its superior dispute resolution- mainly in international transactions
Hence Debit must be equal to Credit 😊
Same, i have 5 credit cards but 2 of them don't even get a bill, other 3 use just
Pesa h kharch krne ka lekin credit card ki limit ka dhyan rakho. Use krna bhi zaruri h. Jyada use kre to bhi score down ho jata h.
Kbhi bhul gye pay krna to penalty ki tension.
Ye itna jyada hassle h ki kbhi na kbhi galti ho jati h. Isse acha to lo hi mt
Use krna aana chahiye baki koi dikkat ni
Me 3 saal se use kr rhi hu 5 card h mere pass..bhut bhadiya cheej h 😊
Me 3 saal se use kr rhi hu 5 card h mere pass..bhut bhadiya cheej h 😊
I started using CC from 1995. I always followed the said rule... here is a catch... Ek din aisaa bhi aayega ki aukat bhool jayenge (over confidence). Thise who used CC over 10 years known this very well.
Reward points lure you to expend more so in a way its not good for anyone. Probably good for those with very high financial discipline. But such people are miniscule in India.
Same.. M credit card se 3 lakh per year sales se kamata hu... Or offer use krte hi next day payment kr deta hu
Thank you sir 🙏
My view.... I often have amount in my account, i just use it to get cashback, interest free money...
True lines ❤
Thanks for the good suggestion
Sb se genuine fin influencer ho sir aap.
It's human psychology, it is for sure fixed who ever will have credit card will spend extra for sure may after months or years but surely. And then pay higher intrest rates.
Plus there might be few ways they have extra charges than normal debit card.
I rarely use credit card. Only use when I get good offer otherwise not. My credit limit increased twice in last one year surprisingly. My all CCs are lifetime free.
usefull to fixed salary person to maintain updown spands
salary is uniform but Spans æ unform .
credit card just like the viscosity layers of spends . if you can't bear sudden spends,then work too slowly down only .if nobody friends , it' may help .
should you ever dare to cross the limit of salary .
With every transaction on cards we are bleeding money out of India when your bank pays fees to Visa or Master etc. Say "No" to cards and "Yes" to UPI
Very powerful message: Never buy anything with credit card that you can't buy with debit card or upi. Also, if you ever get one, never get rupay credit card and link it to upi
I would say, pay by credit card if u can pay it within next 30 days for sure. Thats the whole logic of CC. Money when its required but need ro repay asap. Not free money Not alrenate to savings balance.
I usually Pay in CASH .... And the amount of discounts I get in returns are multi fold then these rewards.....
I bought 3 smartphone worth of 30,000 through credit card for me and my family (around period of 2yrs)
I can't afford 30,000 once I can pay 3-5 /month
What's wrong in it ???
In my case as a business owner... Since there are times when the cash flow is less... I use my credit cards and when i have the money i pay the cards back... Like just last month i didn't had much in my bank... So i spent around 1.4L last month on Credit Card... This month i have the money and have already paid 90k... Will pay the rest 50k within next week... So even if i don't have money to pay using debit card i use my credit card lol😅😅😅
I recently had to make a lot of purchases for home and thought of using my CC so that I can avail rewards but most merchants in our area these days don't give this option because most people pay through UPI and charges come in CC payment. It wasn't like this a year ago most shops had this option. I was disappointed because now my only option to use CC is for fuel and online purchases. So I don't get much rewards these days.
Thank you bro
I use credit card to pay for international payments.
Exactly. I save get cash back about 600 p.m via Amazon icici card.😅
And the best part is I get cash back via cred. I get about 65 rs cash back p.m on cred
I always use my credit card for the offers and it also helped me to boost my cibil score
bilkul main sirf petrol k liye CC use karta hun month end mein idea bhi ho jata Hain aur kuch credit card mein mil bhi jata hai
Very true sir...i always follow this rule
Use only at emergency time like oxigen cylinder
😊
Right 👍👍👍 use for rewards
Thank You Pranjal ji
One more thing Never withdraw cash from credit card,
Remember Never
Ekdam sahi baat boley Bhaia apne
Maine ek clinic me 44000 ka payment kr rha to clinic wala bola ki credit card se extra paisa pay krna padega.
Fir maine debit card se hi pay kiya😓😓
Same goes for online course mafia..
Agr mujhy kmai ho rii hai to sub ko ni chipka skta❤❤❤
Don't worry sir , koi bank mujhe credit card deta hi nahi hai 😅, although my civil is 800 +
been using credit cards for last 10 yrs. I find it a boon. Never paid a single rupee as penalty or interest.
Reward, discount, membership,free money for 30-45 days , low interest emi. Iske liye liya hai credit card
Platinum Debit Card loge tobhi thik thak benefits mil jaate hain aur saath launge access bhi mil jaata h
I have made this mistake now. Now I have to cover all of this. My cibil is also impacted . But now I have learned how to use a credit card
Same is what i do... For rewards only 😊
Yes Bhai discount ke liye hai use karta hoon.
Aur airport pe free lounge ka access 😅
Well said Pranjal Sir
I use credit card mostly because of reward rates and airmiles. Apart from that no other reason
Never forget to Pay , utilise below 30%
Thanks you bro
Was just watching his own video about credit cards sponsered by HDFC credit card and then this short was recommended .
The IRONY
Dil❤se thank you sir
Sir from last 2 years I mostly used my credit card for my home groceries. I never used credit to buy an item that i can't afford
Aur kahi sari cheeze hai. Purchase ka 2-5% credit card company ya bank ko jata hai jo merchant ko nahi milta jisse kuch local shops ke liye nuksan ho sakta hai. Kai sare hidden charges ex. Fuel surcharge, money withdraw from atm via credit card, 40-50% annual interest, and effect on other active loans aur kai sari cheze batate kuch he aur t&c me kuch aur hota hai. Matlab agar puri research na kari ho to mat lo, agar research karke acceptable lage to hi lo.
Sahi baat hai aap bilkul sahi bol rahe ho
Pure you tube ke duniya me ye Banda 2 hai Sach bolane wala e1 rajput hai 🎉
The only reason I got Credit Card is because I had to pay for my Digital Marketing services, which only have Credit Card payment option.
Really Good advice
Only if used, smartly 💡