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What you need to watch with credit cards

is that if you carry even a penny of balance, the double digit interest is based upon the average daily balance, not the amount left. What credit card companies want you to do is pay the minimum amount (on time) each month for the rest of your life.

I charge most everything I can to get the cash and travel perks and never carry a balance. I have zero debt including home and vehicles.

Back in '81, I took out a low fixed rate bank loan for about $3k to buy an amp and transformers for my stats. No way I was going to put than on a credit card.


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