Hi reddit! I need help. I’m having a conversation with my husband, we are in the midst of paying off some consolidated credit card debt at a medium high interest rate. My husband still uses the credit card as cash, but is paying “more than he spends” every month so the balance is still steadily going down. I maintain that it is better to NOT use the credit card and use debit instead, while paying off cc as quickly as possible (despite the 2% cash back he gets from using the cc). Can someone please explain who is right, and why, in simple old people terms? Thank you enormously for your help.
Submitted August 12, 2018 at 09:05PM by ilikedirt https://ift.tt/2P2cBS5
