MP3: The Philosophy of Credit Card Use

14.06.2013

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The Philosophy of Credit Card Use MP3

QUESTION: Jim in Los Angeles has an American Express credit card with no fee. He pays it off every month and receives 3% cash back. What's the issue with a credit card like that?ANSWER: Obviously, there's not a major issue. You're obviously in control of the thing. Any discussion we have is more philosophy than it is actual math in your case. But conceptually, here's the problem. There are a couple of thi... Source: daveramsey.com

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