Credit Cards | Pocket Byte #22

In this episode of The Wealth Effect, We unpack one of the most misunderstood financial tools in modern life: the credit card. Are they a trap designed to exploit human psychology? From the invention of the Diners Club in 1950 to today’s tap-and-pay digital wallets, we explore the evolution, psychology, and hidden costs behind credit card usage. You’ll learn how interest rates, minimum payments, and social comparison can quietly sabotage your wealth—and how to flip the script with discipline, awareness, and strategy. Whether you're a seasoned cardholder or just getting started, this is a financial reality check you can’t afford to miss.