I'm not sure who needs to hear this, but

@coolmoneyaus

11.8K followers · usually 1.0K views a post

Views

13.9K

Likes

29

Comments

4

Shares

7

SoundTikTok sound · Eternal Starlight

Why it worked

The video likely performed well due to its relatable financial topic and the shocking revelation about the long-term cost of minimum credit card payments. The use of on-screen text and a clear, concise message makes it easily digestible and shareable.

Summary

The video explains that paying only the minimum repayment on a $5,000 credit card debt with an 18% interest rate will take 33 years to pay off. It advises viewers to pay off high-interest debts as quickly as possible.

Structure

1Introduction to the topic
2Explanation of minimum repayment consequences
3Stating the long payoff time
4Call to action to pay off debt quickly

Call to action

Pay off your high interest debts asap

On-screen text

I'm not sure who needs to hear this, but if you just pay the minimum repayments on your $5,000 credit card debt, it'll take 33 years to pay off 😎 Yep, 33 years (Pay off your high interest debts asap)