5 Ways Rich People Make Money With Debt

Posted by & filed under Intro to Personal Finance (Grable & Palmer), Personal Finance.

This 11:08 YouTube video talks about embracing debt to create wealth. Although conventional wisdom talks about avoiding debt, this video explains how the rich use debt to create more wealth by using different strategies.   https://www.youtube.com/watch?v=nZ4SAXgUrIc&t=7s Multiple Choice Questions   The average amount of debt per household in the US is $10,000 $5315 $7315 $20,000… Read more »

25 key terms everyone with a credit card should know

Posted by & filed under Personal Finance, Personal Finance 2e (Vickie Bajtelsmit).

This article published on cnbc.com gives the key terms that any credit card user must be familiar with. The article not only covers the terms but gives the reader some ideas on what to look out for when dealing with the varying terms and conditions. https://www.cnbc.com/select/common-credit-card-terms/ Questions for Discussion. What does balance transfer mean in… Read more »