(December 2, 2016 at 8:16 pm)Shell B Wrote: It goes without saying that when you have a credit card, you should pay off the balance every month, on time, every time. Interest on outstanding credit card balances is no joke.
This might be the most important one. Credit card interest rates are usually in the 15% to 30% range, and the 15% are usually an introductory rate. That is INSANE. Even with what seems like a 'manageable' balance you could be paying thousands a year for the privilege of being in debt.
Like Shell said, get a card that offers cash back and pay the full balance every month. A cash back card is useless if you're carrying a balance. They 'give back' 1% while you 'give back' 25%. That doesn't quite work in your favor...
"Well, evolution is a theory. It is also a fact. And facts and theories are different things, not rungs in a hierarchy of increasing certainty. Facts are the world's data. Theories are structures of ideas that explain and interpret facts. Facts don't go away when scientists debate rival theories to explain them. Einstein's theory of gravitation replaced Newton's in this century, but apples didn't suspend themselves in midair, pending the outcome. And humans evolved from ape- like ancestors whether they did so by Darwin's proposed mechanism or by some other yet to be discovered."
-Stephen Jay Gould
-Stephen Jay Gould
