How to Survive the Government Shutdown Financially – The Credit Shifu

by YouTube Team

Learn more about balance transfer cards:
Credit Shifu Wallets:
Click “show more” for ad disclosure
Like Credit Shifu on FACEBOOK:

We look at some financial strategies to survive the government shutdown, including how to ask banks to postpone interest charges and mortgage payments, and we look at some 0% APR credit card options like the Chase Freedom Unlimited, Amex Everyday card , Discover it card etc…

Advertiser Disclosure: This site is part of an affiliate sales network and receives
compensation for sending traffic to partner sites, such as CreditCards.com. This
compensation may impact how and where links appear on this site. This site does not
include all financial companies or all available financial offers.

source

Related Articles

Leave a Reply

34 comments

Jacob Medina January 25, 2019 - 6:47 pm

Awesome

Reply
Zachary Laid January 25, 2019 - 6:49 pm

Make sure to buy all the Avocado Toast you can before the shutdown!

Reply
Sylvia Jones Davis Stevenson January 25, 2019 - 6:51 pm

Thanks for the Wonderful advice.

Reply
Brent Geery January 25, 2019 - 7:03 pm

Wilbur Ross says selling an organ will help feed your kids… one way or the other.

Reply
Kian Murray January 25, 2019 - 7:27 pm

The shutdown just ended lol

Reply
Mike Rotch January 25, 2019 - 7:30 pm

It's unfortunate that the day you put this out is also the day the shutdown ended

Reply
F P January 25, 2019 - 7:38 pm

great video as always – what's the song at the end?

Reply
Jon C January 25, 2019 - 8:05 pm

Not to be mister negative, but I think this shutdown has exposed just how unprepared the average American is for a financial emergency. Emergency funds should have been coming into use. I am thankful I started to get wiser with my money and am blessed to have one.

Reply
CoolStuff Unboxings January 25, 2019 - 8:09 pm

Lol video no longer needed the government is back up

Reply
MK January 25, 2019 - 8:16 pm

I'm doing great. All the parasitic bureaucrats are suffering the way we suffer under their taxes and regulations and oppression

Reply
Jack Jia January 25, 2019 - 8:17 pm

And for the future, do save some money please.

Reply
Dominick January 25, 2019 - 8:30 pm

And of course 3 months after the shutdown these people will be going to restaurants, going out to the movies, etc. Instead of building an emergency fund

Reply
Sku11Leader January 25, 2019 - 8:36 pm

Quick, change the title to "How to Survive the NEXT Government Shutdown Financially"!

Reply
Bryan Shealy January 25, 2019 - 8:52 pm

Credit Shifu have you ever thought about paying the balance to a 2.1 percent savings for 10 monthes or so and let it accrue interest and pay off the credit balance at the end?

Reply
Louis January 25, 2019 - 8:57 pm

Yay! Shutdown is over at least for 3 weeks.

Reply
Slick Reviews January 25, 2019 - 9:12 pm

5:03 lol wot 🤣

Reply
Kevin Greene January 25, 2019 - 9:34 pm

The timing of this upload…

Reply
joshx413 January 25, 2019 - 9:50 pm

Bad timing. Lol.

Reply
Shaun Recommends January 25, 2019 - 9:52 pm

Good video as always.
I have to disagree with the stock selling advice though. The past price of the stock isn’t really relevant, is it? Today’s price is today’s price. If the government worker/ stock owner were able to reliably time the market he or she wouldn’t likely be in dire financial straits after missing a couple paycheques!

Reply
Raver Magik January 25, 2019 - 10:00 pm

Too late.. shutdowns over. Lol 😂 crisis adverted.

Reply
yiweilin917 January 25, 2019 - 10:49 pm

Right after this video comes out, Senate approves bill to reopen the government.

Reply
Brandy Seymour January 25, 2019 - 11:34 pm

Yes because more debt is always the answer. Backward thinking.

Reply
cjack202003 January 26, 2019 - 1:26 am

I think this video is actually perfect timing. Hindsight is 20/20. This prepares you for the next government shutdown. No one watching this video should struggle during the next government shutdown.

Reply
James Son January 26, 2019 - 1:36 am

Altho its over. You could also consider taking a loan from your 401k

Reply
msj56 January 26, 2019 - 4:37 am

Here's some free advice. Have a friggin emergency fund.

Reply
msj56 January 26, 2019 - 4:43 am

Selling at a loss isn't the worst thing. It might lower your taxes and you can reinvest when the market is down. I believe this strategy is known as "tax harvesting"

Reply
Natendo January 26, 2019 - 5:36 am

The EBT card hobbyists are rejoicing

Reply
Mr. Sharp January 26, 2019 - 5:44 am

Can I have one of your larger wallets?

Reply
Investing Book Summaries January 26, 2019 - 11:08 am

Each new day the shutdown continues leaves me more dumbfounded.

Reply
Yevgeniy Melnik January 26, 2019 - 11:38 pm

Awesome video! Very helpful even if you are not affected by the government shutdown… quick suggestion – hide all your cables from TV, will be much much better. Thx

Reply
John's Wallet January 27, 2019 - 12:23 am

Can you do one of these for surviving the Zombie Apocolypse?

Reply
Nathan Wall January 27, 2019 - 1:51 pm

Bank Americard no fee and zero percent interest on balance transfers for 18 months.

Reply
Julius C January 28, 2019 - 7:05 pm

Can you please do a video on the best cc for rent a car benefits?? Thank you in advance.

Reply
champstar9669 January 30, 2019 - 10:09 pm

The heck with this 'helping hand' nonsense for parasites with cushy jobs that spent all their money on Shake Shack instead of putting a few bucks into savings. "God helps those who help themselves." A quoted phrase attributed to the Bible that actually originated from Algernon Sydney in 1698 in an article titled, "Discourses Concerning Government." Talk about irony. I was homeless for 5.5yrs. No financial/housing/medical assistance available unless you are a woman or you have kids. Type 1 diabetes along the way. Bad disc in my back that needed surgery 3 times. Boo hoo. Nobody cares. Worked 2 jobs. Eventually started a small business. Paying off 4 houses in 2019. 22 credit cards with a total combined limit of 256k. Tough times don't last — tough people DO. The banks are merely protecting their own necks by giving people a glimmer of hope so they don't drift too deeply into debt and go the bankruptcy route.

Reply