Using Credit Carefully To Weather Tough Times

Using Credit Carefully To Weather Tough Times



There are several disconnects between financial advice and financial reality that annoy me. One such disconnect revolves around the advice to NEVER carry a credit card balance. No credit card debt, no problem. It’s abstinence-only financial education. The reality, however, is that lots of us know borrowing against credit cards isn’t wise, but we do […]While we don’t recommend using a credit card to weather tough times, if you do it carefully, your credit card could be a lifesaver.

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