Myths vs. Truths - Exposing the false beliefs of the financial world Myth: It's smart to keep at least one credit card for emergencies. Truth: An emergency is NOT a good time to borrow more money. Using a credit card for emergencies will only get you deeper in debt. The absolute WORST …
money myths
Myths vs. Truths – The Truth About Tax Deductions
- Exposing the false beliefs of the financial world Myth: You should avoid paying off "good debts" like home mortgages so you can get a bigger deduction on your taxes. Truth: Making any financial decision based solely on the amount of a tax deduction is a really, really bad idea. This is …
Myths vs. Truths – The Truth About Credit Cards
- Exposing the false beliefs of the financial world Myth: It's smart to use your credit card if you pay off your balance each month. Truth: Even if you pay them off each month, credit cards are costing you more in the long run. I know, I know. You're not like everyone else who carries high …