It really is a simple concept when you boil it down. Spend less than your net income, that's it. If you are making 50k a year but spending 40k a year and have a 15k line of credit debt, the only one you're hurting in this situation is yourself. Banks don't care about you, all they care about is your money. Credit card rewards are usually cheap gimmicks, that come no where near covering the amount of monthly interest you pay when you carry debt. Kind of why I like crypto, all assets that have huge growth potential
You are viewing a single comment's thread from: