What's up BA Fam! Mandi's back with a new BA QA, taking listener Tina's question about managing credit card debt, specifically focusing on balance transfers. She explains the benefits and risks associated with transferring balances to 0% interest cards, the importance of comparing offers, and the potential pitfalls of deferred interest. Mandi emphasizes the need for a strategic approach to debt management, encouraging listeners to take charge of their finances while also being mindful of their mental health during challenging financial times.

As always, these QA episodes are meant for edutainment purposes and are not a replacement for personalized financial advice. 

Have a question for the show? Email Mandi at brownambitionpodcast@gmail.com or DM her on IG @brownambitionpodcast. 

 

What's up BA Fam! Mandi's back with a new BA QA, taking listener Tina's question&nbsp;about managing credit card debt, specifically focusing on balance transfers. She explains the benefits and risks associated with transferring balances to 0% interest cards, the importance of comparing offers, and the potential pitfalls of deferred interest. Mandi emphasizes the need for a strategic approach to debt management, encouraging listeners to take charge of their finances while also being mindful of their mental health during challenging financial times.
As always, these QA episodes are meant for edutainment purposes and are not a replacement for personalized financial advice.&nbsp;
Have a question for the show? Email Mandi at <a href="mailto:brownambitionpodcast@gmail.com">brownambitionpodcast@gmail.com</a> or DM her on IG <a href="https://www.instagram.com/brownambitionpodcast">@brownambitionpodcast.&nbsp;</a>
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The Brown Ambition Podcast helps you unapologetically build wealth by saving, investing and making smart career choices — on your own d@mn terms! New episodes Wednesdays and Fridays.

Money and career advice for women of color, by women of color

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BA Q&A: Should I Pay Off My $2200 Credit Card With a Balance Transfer?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3da254ee-357a-40c4-ae9f-b3b101255cfb/transcript