00:00And just some golden rules. This is a crash course. I'm going quick today.
00:03Always follow the balance transfer golden rules. First, never miss the minimum monthly repayment
00:09or you could lose your 0%. You've got to pay it. Set up a direct debit. You do not want that.
00:13You know, you get 30 months and then suddenly it's gone after two months because you missed the
00:16payment. Aim to clear the card before the 0% ends or the rate will rock it. If you haven't
00:22done that, you want to do another balance transfer just before it ends onto another 0% card.
00:26Do not spend or withdraw cash. They are generally not at the cheap rate. In fact, this is all
00:32about discipline. You could even get the card, put it in a bowl of water and put it in your
00:37freezer so that you never use it without having to smash it, which should prevent you because
00:41that will really mess you up if you do that. And finally, you need to do the balance transfer
00:46at application or some cards will let you do it within 60 to 90 days, but check so you
00:51don't miss out. And those are the golden rules and that's how you do it.
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