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anytime I post anything about credit cards and what they do how they work or anything like that I am always always always asked about balance transfers should I do it are they a good idea will they save me money is this particular scenario it could offer what is a balance transfer and is a balance transfer the same thing as a cash advance hi everyone my name is Liz Beth and I make videos that help you plan for a better financial future while living your best life today if you are new to my channel please make sure you hit that subscribe button and the notifications bell so that you dont miss out on new weekly videos in todays video I wanted to go over three different balance transfer scenarios that two of which Ive used myself and one of which are recommended to a friend and tried it out so they have been tried by either myself or someone who Ive known for a long time and these are just scenarios that could kind of help you make a decision if you are on the fence of a balance trans