Monday, August 15, 2011

A nice graphic showing the perils of making only the minimun payment on your credit card. DO NOT fall into this trap. It will be the most expensive mistake of your life...

If you purchase something on a credit card, here is, literally, a graphic reminder of the importance of paying MORE than the minimum required. Paying the minimum is a fools game. I don't have to tell you who the fool is...
Source: Visualizing Economics
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