Credit cards are everywhere, but do you really understand how they work? In this episode of the Female Finance Collective Podcast, Jen and Sybil break down the hidden cost of credit card debt, how APR really works, and why that “small” purchase might cost much more than you think.

We’re not here to shame you, we’re here to support you with simple truths, smart tools, and a warm, honest conversation to help you build your financial confidence.

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Timestamps:

00:00 Welcome to the Female Finance Collective

01:00 Why we need to talk more about credit cards

02:10 How credit cards actually charge interest

03:30 What APR really means (and how it adds up daily)

07:00 The danger of only paying minimum payments

09:00 That $100 sweater? It probably cost you $116

11:30 Credit cards = little loans (that add up fast)

13:50 Don’t get tricked by the points and perks

15:00 The power of pausing before purchases

17:30 Can you actually afford it? Let’s be honest

19:00 How carrying a balance quietly stresses you out

20:45 Start tracking your spending and make a plan

22:30 Grace, awareness, and action—the way forward