For posting all the anonymous reactionary bullshit that you can't post anywhere else.
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-What level of treatlerism are you on? - Idk, eating bananas out of season. - Check this out
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62% of high-income earners of over $300,000 a year in the 🇺🇸 United States 'still struggle with credit card debt', according to a survey by BHG Financial. linky
My understanding of this isn't the clearest either, but
a small percentage return on a large enough sum can still outpace a large percentage on a small sum, so long as you're not skipping payments on the loan.
That's true, but in the case of a credit card, wouldn't the amount you'd be investing by not spending cash upfront have to be equal to the amount on credit? I guess technically you get a number of days of investment income equal to the number of days until the next payment, but considering you could as easily lose money in such a short time it doesn't seem like a viable strategy.