My goal for you is to pay down this balance with everything you can, as fast as you can. I use credit cards because they are a convenient (and safer than debit cards) way to pay for things. But I pay my balance off in full every month. So I urge you to use credit cards only if you will do the same. Otherwise, the interest charges erode the wealth you are attempting to accumulate.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s