081 – Balance Transfer Balancing Act

My name is KT Thomas, and I’ve been working as a Certified Financial Planner for more than 25 years.
One of the things I’ve learned is that money seems like it should be simple, and that’s why it’s so easy to make costly mistakes. Teaching people about money and what it takes to grow it has been my life’s work, and now I want to share that knowledge with you. I'm thrilled that KTsMoneyMatters Podcast is now part of the C-Suite Radio Network.

As part of C-Suite Radio, KTsMoneyMatters Podcast will cover all topics about money — both big and small — as well as debunking some of the myths that cost people thousands of dollars every year. Shows will cover all topics from the perspective of “what’s in it for you? And why do you care?” My goal is to give you at least one money tip per week that you can take home to your own personal money plans. While I have recently written a book for women called, 'A Hardworking Woman’s Guide to Money', this podcast is for everyone. If you are interested in checking out my book, it’s available now on Amazon.com.

081 – Balance Transfer Balancing Act

In this episode, KT discusses:

Understanding the difference between balance transfer offers
The mystery of the credit score
Using balance transfers as a strategy to pay off your debts

Key Takeaways:

Pay attention to the term of the offer
Always go for 0%
Factor in the balance transfer fee

Quote:

“With every yin, there’s a yang. Someone offering something slightly different for you to try to figure out.” – KT

Click here to reach KT

See KT’s interview on C-Suite Network’s Best Seller TV

Connect with KT Thomas: http://ktsmoneymatters.com/

Purchase KT’s book- The Hardworking Woman’s Guide to Money