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Cosign credit card number field

hi YouTube it's generally here and in this video I'm gonna be talking about how I have been blogging for into it for about a year now now just to be clear this video and this channel are not sponsored by into it but I do blog for them about three times a month and this month right here like March 2020 makes about one year because I started blogging for them in about March 2019 when I blog for Intuit I think it's a really good opportunity for younger people to really start to learn some of the basics about topics that have to do with them so a lot of these topics are focused on millennial issues issues that people that are dealing with feelings in their 20s and 30s will want to go and find information about it but in a way that kind of just like it keeps it real keeps it fresh and it doesn't necessarily make it complicated or really boring to read through so every single blog post has a blog post that I type out which is you know couple paragraphs long with a lot of details and information for you also if there's any helpful links and things that are put in there for you as well but also at the very top of every blog post there is a video that I make which is short and sweet that summarizes what you need to know from that blog post so as a sort of one-year anniversary to me as a blogger with Intuit I decided to put this video together just to share with you guys the topic that I first blogged about ever back in March 2019 with into its blog which is called turbo blog and I'm at that time I posted about the difference and the importance of understanding the difference between being an authorized user on somebody's credit card and being a joint account holder so a lot of people actually have never heard of joint credit cards and this is a very big thing and it's a big deal which is why it's really important for you to understand the difference because it's very very very different from all the other types of you know shared credit card types out there so usually when people talk about shared credit cards there's really three main types that they're talking about and the first one is authorized user' which is the most common way now this is definitely good I mean it's helpful and easy for somebody who has doesn't have any credit or has kind of like fair or bad credit to improve their credit so for example if you are married and your partner does not have good credit you have excellent credit you could decide to add your partner as an authorized user on your credit card and what that would do is help your authorized user or your partner's credit because it would add all the gears or months or whatever you know payment history and record of making payments and using that credit card would go and be transferred now onto the authorized user so your partner is credit and that will come up on their credit report and it will impact their credit score which will help boost their score and that's a great thing but what you've got to know though is that your partner the authorized user is not ultimately responsible at all for the debt that is incurred using that credit card so if your partner is the authorized user takes our credit card goes on a shopping spree and then they disappear face me or you don't hear from them again that's on you you are responsible for the shoppings but you're responsible for whatever that is on that credit card so you want to make sure you only authorize somebody to be an authorized user on your on your credit card if you are 100 percent willing and able to pay any debt that that person is not able to earn or ends up not paying the second way that a lot of people have shared credit cards out there is by having a cosigner so what that means is you're struggling to get some credit you cannot get a preferred credit card.you you've applied a couple times maybe your credit score is really hurting and so you have somebody else be a cosigner on your application for credit and what that means is that you guys are both responsible for the debt um and so it's not like it's one person or the other it really is both of you but the thing is that the cosigner is a little bit less responsible on a day-to-day basis because the person who is you know being co-signed for on the loan the person who really applied and then asked for a cosigner that person is gonna be the one who's really responsible for using the credit card the cosigner might not actually even have full access to the account or anything like that because it's not their account or I mean they're just cold signing on it but that being said they are 100% responsible equally for any of the debt that they that the person who they co-signed for puts on that credit card so that's another way and it's kind of like exactly the same thing as having a joint credit card except that the cosigner probably has a little bit less access so that's the big thing to know this in terms of the big difference between that and join credit cards now the last one here is being a joint credit card account holder with somebody else which means that you are both equally on that credit card now a lot of people turn tends to think that this is a 50/50 thing but it is not a fifty this is actually 100% 100% that means everything that is charged on that credit card everything that you do with that credit card from the moment that you open it is a hundred percent both people's responsibility so both of the joint account holders are responsible which means that all of the payments all of the activity is reported to both people's credit scores both people's credit report every single month and if anything happens you are both 100% legally responsible for the debt and so this is probably the best way to enter into a shared credit card agreement with somebody that you want to UM you know share a credit card with because it means that person is 100 percent responsible and you are 100 percent responsible so it's a lot better than adding your boyfriend girlfriend or spouse as an authorized user because that person could just be off the hook if they you know spend out of control and they're not responsible with their spending versus with this with a joint credit card you're both equally responsible that being said it is a lot harder to find a joint credit card opportunity out there like these offers are a lot less popular they're not as available as having an authorized user or cosigner so those are a lot more popular as an option but if you can find yourself a joint credit card option that is gonna be the best in terms of having equal liabilities equal responsibility as your partner and I think with any relationship and any partnership both people should be a hundred percent in a hundred percent responsible hundred percent willing to you know take on the responsibility and the debt especially when it comes to money because you know a one-sided relationship financially really is not a good thing for anybody in any type of relationship you want to make sure that the person that you're dealing with is equally you know responsible willing to kind of go in as much as you and not think it to themselves oh but I'm just the authorized user so it's not a really bit is not that really big of a deal because legally you know Keyser's her for illegally she's responsible not me so I can kind of be off the hook a little bit you don't want anybody to kind of use or abuse you in that way financially soul is much better for you guys both to be 100% responsible which is only the case with you know cosign credit card or with a joint credit card so now that you know the difference hopefully this is helpful and you making a decision if you ever want to do any of these options for having a shared credit card that you know which one is best for you and that you know you kind of which ones are more popular and available out there if you have never checked out my turbo blog posts I'm gonna link below in the description box all of the different posts that I have had posted on the Intuit turbo blog to date and that's just basically under my name so if you go to the authors who all post blogs for into a turbo blog you'll see an alias now which is my first and last name my whole government and if you click on me you'll see all of my different posts there and so hopefully you could kind of look through those and see which ones are helpful for you definitely comment on them if you like them share them because these are definitely you know blog posts that I have devoted a lot of time to making sure that they are hopeful that they're clear and hopefully that they're informative and you know engage it so that people out there who find these blog posts can learn as much as possible so I'm just trying to like expand the way that I share information you know here are my videos of course I must be helpful on YouTube but also as well in written form for people that like to follow blogs and there's a lot of other really cool financial bloggers on turbo blog as well it is not just me so check them out as well and go support the blog because I think that information on there is really awesome it's really great and what they're trying to do in helping young people to get on top of their money is awesome I mean everybody could use a little bit of nudging when it comes their money but especially young people because we have a lot more time ahead of us to get our stuff together and kind of take advantage of the time that's that we have ahead of us if you guys did not know I am on social media so go to Instagram go to Twitter go to Facebook follow me add me share my posts and comment and kind of you know message me you know just reach out to me because I I noticed a lot of people who think that I'm just here on YouTube but I really do take time to kind of respond to people on other social media platforms as well so do not be shy when it comes to following me out of me hitting me up the M&E all that good stuff and then I also have an email address so you can reach out to me directly with questions or topics that you would like to see here on my channel and that is Miss be hopeful at gmail.com I also have a Google Voice number so if you have a question that you want to record on my voicemail and then I listen to it now post a video response here on my channel so that is the number on the screen right now which is my Google Voice you can do that as well and then you know last not least if you have not subscribed to this channel right here misty helpful hit that subscribe button because I post videos every single week and I hope these videos are just basically a way to break down things that seem complicated related to money so anything in personal finance like invest in saving budgeting all of these different things that people can tend to be a little confused about or be frustrated about my videos are hopefully here to like clear things up help to motivate you and inspire you hope to help you see that hey if I can do it anybody can do it because I'm just a regular chick and I figured it out so you could figure it out too so that's pretty much what I have for you guys hopefully this video was helpful and so next time peace