-1
If you can't afford to pay off your credit card Ballance, pay yourself the amount on Cashapp or Venmo, instant withdraw then pay off balance. (lemmy.world)
submitted 1 week ago by Sackeshi@lemmy.world to c/lifeprotips@lemmy.world
10 comments fedilink hide all child comments

If you don't pay off your monthly credit card statement in full you will have to pay 25% interest until its paid off, not fun. So instead as a fail safe, I created 2 cashapp accounts, 1 attacked to my checking account for my bank, and 1 attached to my credit card.

you are viewing a single comment's thread
view the rest of the comments
[-] Sackeshi@lemmy.world -1 points 1 week ago

Do you know what cashapp or venmo is? You aren't opening another credit card, you are transferring money to your bank account and then quickly paying off your balance resulting in the same amount owed with another month to pay it.

[-] betterdeadthanreddit@lemmy.world 1 points 1 week ago

Yes, I know what they are.

this post was submitted on 06 Aug 2025
-1 points (33.3% liked)

Life Pro Tips

3097 readers
1 users here now

Unlocking the Secrets to Success and Fulfillment!

Rules

  1. Share valuable life pro tips.
  2. Keep it concise and clear.
  3. Stay on-topic.
  4. Respect fellow members.
  5. No self-promotion.
  6. Verify information before sharing.
  7. Avoid illegal or unethical advice.
  8. Report rule violations.

Join us and share your best life pro tips!

founded 2 years ago
MODERATORS
sabbah@lemmy.world
HonoraryMancunian@lemmy.world