By Craig Erwin, Ph.D.
Banks are aggressively pushing credit cards on us and demand has soared. They hope we won’t pay off balances in full. That would mean credit card debt and juicy revenues for banks. Fortunately, we are paying off balances faster than before the pandemic, outsmarting the banks.
Do you have trouble with credit cards? Do you pay off credit card balances in full each month? Does credit card debt get in the way of accumulating wealth for retirement? Are you plagued by other types of debt such as student loan debt?
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