Interest Archive

  • Paying down a debt? Think of the interest rates as returns.

    Tweet I know it sounds stupid, but it might help to think of the interest rates on your debt as returns on your money. Let’s say you have 2 credit cards: One card with a $5,000 balance at 9% interest The other with a $10,000 […]

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  • What’s their interest?

    Tweet This is a question I ask myself a lot when it comes to dealing with other people What’s their interest? What’s their motivation? A good example is a financial advisor selling you mutual funds. Off the top of my head, I ask: Are they […]

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