JasonHibono's video: I have a 23 300 credit line IS THIS A GOOD OR BAD THING

SUBSCRIBE ► http://bit.ly/2v2tguG | PREVIOUS VIDEO ► https://www.youtube.com/watch?v=FmcbJ2awOaQ&t=23s Life After The Degree: Graduating as a Psychobiology Major I have a whopping total of $23,300 on my credit line. It's a tremendous line of credit that could lead to devastating consequences if not used correctly. In this video, I discuss the pros and cons of having such a high credit line readily available at one's disposal. As long as you have self-control, budget, and treat your credit card like a debit card, you will get so much back in return. I think these are the best credit cards for beginners in 2020, based on my personal experience. This is why I personally NEVER use my debit card. I will always use my line of credit, instead. Take note of these credit cards, if you want to build up your credit score over time. Each one of the cards mentioned in this video will have varying benefits and requirements to sign up. DISCLAIMER: I had to really think about making this video, because many people abuse credit cards and find themselves in a hole they cannot dig themselves out of. If you do follow these recommendations, NEVER CARRY A BALANCE ON YOUR CARD. Seriously. The last thing I would want is to lead people towards massive amounts of debt. The moment you start carrying a balance on your credit cards, is the moment you should stop using credit cards altogether! 4. Amazon Prime Store Card With the card giving you 5% back at Amazon, you’d be wise to buy everything you can there. Plan your regular purchases — such as baby products, paper goods, pet supplies, laundry detergent and so on — so that you’re earning 5% back all the time. https://www.amazon.com/storecard 3. Discover it Card Earn 5% cash back on everyday purchases at different places each quarter like grocery stores, restaurants, gas stations, select rideshares and online shopping, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases — automatically. http://refer.discover.com/s/jasonhibono 2. Chase Freedom Unlimited Card Best Freedom bonus offer: $200 cash back after you spend $500 on purchases in your first 3 months from account opening. 1.5% cash back on everything else. https://www.referyourchasecard.com/18a/JEOMNY4E7Q 1. Uber Barclays Card No foreign transaction fees. https://www.uber.com/us/en/money/uber-credit-card/ MY GEAR Blue Yeti microphone: https://amzn.to/2XFfvk7 TWITTER http://www.twitter.com/jasonhibono INSTAGRAM http://www.instagram.com/jasonhibono SNAPCHAT https://www.snapchat.com/add/hibono @hibono *Filmed with a Canon EOS 6D and Canon G7X **Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one. ***I am not a financial advisor. The ideas presented in this video are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.