💳Avoid credit card debt by setting up automatic payments and only buying what you can afford.
📊Switching from actively managed funds to low-cost index funds can save you significant fees and expenses over time.
🔖Buy things based on cost per use to save money in the long run.
💳Optimize credit card rewards to get the most value out of your purchases.
🍵Choose green tea over coffee for sustained energy throughout the day.
Why should I avoid credit card debt?
—Credit card debt can quickly accumulate due to high interest rates, costing you more money in the long run.
Why should I switch to low-cost index funds?
—Low-cost index funds have lower fees and expenses compared to actively managed funds, allowing you to potentially save more money over time.
How can I buy things based on cost per use?
—Consider the longevity and quality of a product before purchasing it. Calculate how much you'll use it and divide the cost by the number of uses to determine the cost per use.
How can I optimize my credit card rewards?
—Research credit card rewards programs and choose cards that align with your spending habits. Use tools like browser extensions to maximize rewards at checkout.
Why is green tea a healthier alternative to coffee?
—Green tea provides sustained energy due to its compound called theanine, which helps regulate the effects of caffeine.
00:00Avoid credit card debt by setting up automatic payments and only buying what you can afford.
01:13Switching from actively managed funds to low-cost index funds can save you significant fees and expenses over time.
02:55Buy things based on cost per use to save money in the long run.
04:01Optimize credit card rewards to get the most value out of your purchases.
05:02Choose green tea over coffee for sustained energy throughout the day.
