T. Harv Eker: Money Skills
on Friday, June 25, 2021T. Harv Eker Money Quote saying the best way to avoid getting into debt with cards is to use a debit card. T. Harv Eker said:
“If you don’t have the money management skills yet, using a debit card will ensure you don’t overspend and rack up debt on a credit card” — T. Harv Eker
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In this quote, businessman and author T. Harv Eker is giving advice about money management and spending habits. He suggests that if someone has not yet developed strong skills in budgeting and financial discipline, using a debit card instead of a credit card can help prevent overspending and accumulating burdensome debt.
Eker implies that debit cards offer a safer option for those still learning to track expenses and avoid living beyond their means, since spending is limited to available balances rather than relying on credit lines.
Overall, the quote encourages novices to money matters to start with debit as a training wheels approach, until responsible credit use becomes more intuitive through experience.