Welcome to our blog. We intend to take your understanding of matters financial to a new level competence. Join in and help us make this site a powerful tool for personal financial literacy.
Lol.. pretty good comedian. The thing's a lot of people don't realize about debt is that it's more profitable to pay off your debt than to save for something else. I know a lot of people who are trying to save to start up a business. The average savings account will give you maybe a 3.5-4% interest on your savings. While the credit card companies are charging you 16% annually for what you owe them. What's smarter to pay off in the long run? Get your finances together and know what you need to pay to get yourself out of debt.
2 comments:
Lol.. pretty good comedian. The thing's a lot of people don't realize about debt is that it's more profitable to pay off your debt than to save for something else. I know a lot of people who are trying to save to start up a business. The average savings account will give you maybe a 3.5-4% interest on your savings. While the credit card companies are charging you 16% annually for what you owe them. What's smarter to pay off in the long run? Get your finances together and know what you need to pay to get yourself out of debt.
It great to hear people don't take themselves too seriously, and can have a good laugh at money.
Post a Comment