August 28, 2013

What should be rule #1 when using a credit card? Specifically, what must be accomplished at the end of the month?

2 thoughts on “August 28, 2013”

  1. Thomas Graham says:

    Always pay your credit card debt off in full at the end of the month.

  2. Mike Finley says:

    That is exactly right, Thomas. If you cannot pay it off, get rid of it, freeze it, cut it up, do whatever you have to do, but you MUST pay that credit card bill off every month. Those interest rates will cripple your wealth creating abilities AND you will lose your grace period on future purchases when you fail to pay the full amount. Never violate rule #1.

Leave a Reply

Your email address will not be published. Required fields are marked *

The Crazy Man in the Pink Wig