http://moneyning.com/debt/paying-credit-card-interest-is-like-throwing-cash-into-the-fire/ A personal finance blog where we share insights on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! Wed, 17 Mar 2010 05:14:17 -0700 http://wordpress.org/?v=2.9.2 hourly 1 http://moneyning.com/debt/paying-credit-card-interest-is-like-throwing-cash-into-the-fire/comment-page-1/#comment-6970 Emily @ Taking Charge Mon, 02 Jun 2008 14:49:19 +0000 http://moneyning.com/?p=910#comment-6970 No kidding -- it really can be an endless black hole. A co-worker recently told me that when he got his very first credit card many years ago, he bought a pair of running shoes with it, but didn't really know how it worked. He ended up owing $3,000 in late fees and interest. Pretty good way to learn how credit cards work! No kidding — it really can be an endless black hole. A co-worker recently told me that when he got his very first credit card many years ago, he bought a pair of running shoes with it, but didn’t really know how it worked. He ended up owing $3,000 in late fees and interest. Pretty good way to learn how credit cards work!

]]> http://moneyning.com/debt/paying-credit-card-interest-is-like-throwing-cash-into-the-fire/comment-page-1/#comment-6953 David Carter Sun, 01 Jun 2008 18:34:11 +0000 http://moneyning.com/?p=910#comment-6953 I think your title says it all. That sentence would have been sufficient for the post. The rest was just gravy! I think your title says it all. That sentence would have been sufficient for the post. The rest was just gravy!

]]> http://moneyning.com/debt/paying-credit-card-interest-is-like-throwing-cash-into-the-fire/comment-page-1/#comment-6904 payoff125k Fri, 30 May 2008 15:57:46 +0000 http://moneyning.com/?p=910#comment-6904 Indeed.. this concept hit home a couple months ago when we realized how much debt we had and decided it needed to get paid off. It's insane how much credit cards are costing us! Indeed.. this concept hit home a couple months ago when we realized how much debt we had and decided it needed to get paid off. It’s insane how much credit cards are costing us!

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