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Originally Posted by the
But someone fill me in on the rationale behind paying interest to a credit card company (non-emergency stuff). Is it just to be able to buy stuff you can't afford to pay for? If that's the case, and you can't afford to pay for it today, is there something planned that makes you think you can pay for it in a few months? (Like a big raise or something).
Not judging anyone (I don't care), but I am interested in getting into the heads of those who carry credit card balances (for non-emergency things). 'splain your thinking to me!
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If your investment strategy is making more % wise than the cost % on your loan or CC, then you are that much ahead by not using your investment funds to pay it down and to keep putting your money towards those investment funds.