Why Credit Cards Keep You in Debt (By Design, Not Accident)
Автор: EconoVerse Explained
Загружено: 2026-01-29
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Why Credit Cards Keep You in Debt (By Design, Not Accident)
Credit cards feel like freedom — until they quietly turn into a financial trap. This video breaks down why credit cards are designed to keep you in debt forever, using simple explanations, clear examples, and visual metaphors anyone can understand.
We explore how interest rates, minimum payments, and revolving balances work together to slow your progress while maximizing profits for banks. This isn’t about personal failure or bad money habits — it’s about financial systems, consumer debt, and the business model behind modern credit cards.
By understanding how credit card debt actually works, you’ll see why so many people feel stuck even when they “do everything right.” This video explains the incentives, the psychology, and the economic logic that keeps the cycle running — all in a calm, story-driven way inspired by Casual Economics.
Watch till the end to learn how awareness changes the game.
#CreditCardDebt #PersonalFinance #EconomicsExplained #DebtTrap #FinancialSystem
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