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I Will Teach You to Be Rich PDF Book by Ramit Sethi

Credit cards are sometimes compared to a sweet gift from heaven. They are actually a free short-term loan if you pay your bills on time. They make it far easier for you to keep track of your spending than cash does, and you can obtain your transaction history for free. Most companies provide free rental car insurance and free warranty extensions for your purchases.

But regrettably, they’re more complicated than that. Additionally useful enemies are credit cards. Everyone has an unpleasant experience with overspending, late fees, or illegal transactions. Credit cards are often derided by commentators (as well as parents) who claim that using them is the worst possible financial choice.

Cut them up all! What a simple rallying cry for those who desire quick fixes and don’t understand the advantages of having many lines of credit. Between these two extremes is where the truth about credit cards lies. They’re valuable to have if you manage them correctly. However, if you don’t pay off your entire account at the end of the month, you’ll be responsible for paying a hefty amount of interest—typically around 14 percent—on the balance.

PDF Name: I Will Teach You to Be Rich PDF
No. of Pages: 294
PDF Size: 2 MB
Language: English

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