George Camel

I'm just sighing.

Well, here's the thing, Miguel.

A couple of things.

Number one, studies have been done, and it has been proven mathematically that you do actually end up spending more when you're spending it with a credit card.

And it may just be groceries and all the things, but because there is zero...

emotional connection to your money subconsciously, naturally, without you even realizing it, you end up spending more.

So even with groceries, for instance, we've talked to people on the show and they say, oh, I just would use my credit card for the things that we needed, you know, the bills and groceries and gas.

And then we have heard countless times, haven't we, George?

People say, actually, we ended up going without a credit card for six months to see if we could save money.

And we actually ended up spending less.

we don't even know how that happened.

And I'm like, well, cause I know because there's no emotional.

So you don't even realize the amount of money that you're actually overspending.

So over years of spending hundreds of thousands of dollars on this credit card to get $4,000 of flights,

What could have been saved actually may have been even more than $4,000 with the subconscious spending that you're doing and not even realizing it.

So that's one thing.

And then number two, Miguel, and again, this is a personal kind of conviction for me, and it may not be for you.

I'm not saying it has to be for everyone.

But what's so frustrating to me, and I think because we're in this line of work, and George and I talk to people every single day who do have credit card debt, and these banks and this whole debt industry has screwed over the American people.

They have.