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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: It's time. Date:  1/21/2019  2:30 PM
Author:  aj485 Number:  312367 of 312992

Even the stuff that goes on a CC that gets paid in full each month is costing us interest. The roll of toilet paper in my bathroom is at the expense of a 17.49% interest rate even though, nay--BECAUSE I paid cash for it. That cash could have gone to the debt and I would be paying 17.49% on that much less. In a way, everything I own is costing me 17.49%.

Great point!

You sound like you are on the right track!

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