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The Trap 80% of Americans Are Falling For

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George Kamel

Cash back. Airline miles. Hotel credits. Have you ever wondered how credit card companies pay for all those rewards? I mean, someone’s paying for that “free” flight to Boise. But who? In today’s video, we’ll explore who pays for credit card rewards. Spoiler: You’re probably not going to feel good about it.

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George Kamel is a personal finance expert and cohost of The Ramsey Show. Following Ramsey’s proven money plan, George went from negative net worth to a millionaire in under 10 years. His goal is to help people spend less, save more, and avoid money traps so they can live a life with more margin, options and freedom.

This channel will simplify complex money topics, bust money myths with actual facts, and debunk the stupid financial advice you're seeing in your social media feed. All with a healthy dose of pop culture, humor, and snark.

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