 Good morning John. There's people with me on a couch. These are the creators of the financial diet which is a website and YouTube channel. You guys talk about the personal finances. So I have some questions that have been asked. Lots of people wanted to answer too. I am also curious about this first one. Is it better for your credit score to carry over some debt on credit cards month to month or just pay it off completely? It is better to pay off your credit card balances in full if you have the money to do so. You don't want to necessarily like deplete your cash reserves because then if an emergency comes up you'll have nothing to tap into. And this is a four-minute show so most of this is probably cut but for the record there is a part of your credit score that is determined by how much of your available credit you are using. So obviously there's the argument to be made that when you pay off a credit card in full you are reducing the amount of credit utilization as they call it which will help your score but it is much worse for your score to miss a payment than to have a higher utilization. But if I use all of my credit then that's not helping my credit score. Yeah that's a bad thing. That's a bad thing. So long story short better to pay it off if you can but if you can't pay it all off the most important part is making that payment on time. I still have like a three thousand dollar credit limit and I'm like what come on guys. Did you just that doesn't make any sense? Do you have some resources for getting started in investing? Should I meet with a human person or just go on e-treat? All right now listen up she'll see. There is very little regulation about who can advise you with your money. They could be giving you bad advice or unqualified advice but also when it comes to investment you can start really really really small. Obviously if you have a 401k at your job which many people do that is investing but if you're thinking more about like active investment there are very very easy low cost ways that don't require you to potentially talk to a snake oil salesman. I would personally recommend something like Fidelity, great reputation they've been around forever, super low barrier to entry like you can invest a couple hundred dollars a year and you can do it all online really quickly. How do I eat less fast food and also spend less money on fast food? Stop driving by them first and foremost like... What how do I not drive by fast food? That's literally they're on all the roads. You need an alternate route find the ones that tend to the most and you avoid those things like the play. Also start cooking at home. Yeah right like that's the easiest way or like learn those copycat recipes. Yeah. Some like their favorite fast food places. How do I make a chicken McNugget? Should I be investing in cryptocurrency? No. No. No. Why shouldn't I rack up my credit cards if it just goes away when I die? There's all these years between now and when you die when they're going to take your stuff away. When you get sent that bill and you don't pay it like you'll start to see those effects like almost immediately. They'll come rob you in the grave. Someone was asking they're changing jobs and their 401k is rolling over to the new job and they were wondering if they should just take their 401k out and pay off their student loans with it. I would not recommend it. Oh no and also I don't know. The whole point of the 401k is that it's a very good deal and your student loans are probably at a fairly low interest rate already. It's really nice to get that off your back and to not have to worry about your loans anymore but financially it's a much better decision to just pay them off as they come. Fast question. Why are jeans so expensive? Why are they so cheap? It depends what kind of jeans you're buying though. Like are they fashionable or are they just like workhorses? Do they have giant holes? I know this is coming. These are Abercrombie. I am a cool kid in high school. How dare you? I will say though that jeans originated as like workman's clothes and they're super durable and good pairs of jeans you can wear for five years. Thank you to the people who make jeans. Thank you. Except you forgot some spots on mine. Thank you guys. If you want to watch more of The Financial Diet which you really should it's at youtube.com slash The Financial Diet. You guys are on Twitter and you have a blog and all that stuff as well. There's links in the description. Thanks for hanging in. John, I'll see you on Tuesday.