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Buttoned Up > Life Essentials > Finances > Was the stuff you bought worth $29k in interest?

Was the stuff you bought worth $29k in interest?

posted by Sarah on March 7, 2012 | print article | e-mail to a friend
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  • budgles

    That is truly frightening.  I heard a recent statistic that the U.S. carries more student loan debt than credit card debt these days.  I got my first credit card when I was 17 (I paid the bill myself), and I had always grown up thinking that you HAD to pay the entire balance (b/c that’s what the ‘rents did), like a charge card such as AmEx.  So to this day, I never carry a balance.  I have passed on this same good habit to my husband.  We charge nearly everything and deposit our credit card rewards in our joint savings.  I wish everyone was raised w/ good fiscal habits -it pains me to see people battling debt.  It must be SO stressful.  

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