Are Credit Cards the Enemy? Part One

Thinking about getting a credit card or wondering how they really work? In this video, we break down the essentials: from what a credit card actually is to how it can impact your financial future. We’ll also explain credit scores in simple terms and share practical tips to help you build a strong one and avoid common mistakes. Whether you’re just starting out or want to feel more confident managing credit, this is a straightforward guide to using credit cards wisely.

With debt so prevalent in our society, and credit cards one of the most-used versions of debt, we wanted to go deep so you can understand how they work, what happens with your credit score and lots more besides. Tread carefully with debt!

In this episode, we talk about:

  • What a credit card is and how they work
  • What is a credit limit and how is it decided?
  • Credit scores
  • How to get a credit card
  • What happens if you miss a payment
  • And more!

Links Mentioned in the Episode:

Money Supermarket Credit Card Comparison:

https://www.moneysupermarket.com/credit-cards/

Interested to work 
with us?

We’re always open to conversations with brands and organisations who want to help young people feel more confident with money.

Drop us a line at hello@bankofdad.show and tell us what you have in mind.