Americans paid $130 billion in credit card interest and fees in 2022, according to a new report. Here are three strategies to help limit those charges.
I’ve got a no-fee credit card that I’ve had for years, and I think its probably been 3-5 years since I paid any interest at all. I get hundreds of dollars a year in cash back (because I use it as my primary method of payment) which I can use to lower my balance or effectively make free purchases since paypal will let me pull from that first.
If you’re responsible with them, credit cards are a way to make money. You just need to be disciplined enough to not overspend, which is a skill in and of itself.
I’ve got a no-fee credit card that I’ve had for years, and I think its probably been 3-5 years since I paid any interest at all. I get hundreds of dollars a year in cash back (because I use it as my primary method of payment) which I can use to lower my balance or effectively make free purchases since paypal will let me pull from that first.
If you’re responsible with them, credit cards are a way to make money. You just need to be disciplined enough to not overspend, which is a skill in and of itself.