Still think you need a credit card?
Thu 3 Jul 2008, Written by Eden
Categories: Credit Cards
Warren Buffett suggests avoiding credit cards.
If I borrowed money at 18 or 20 percent, I’d be broke…. So if I had one piece of advice for young people generally it would be to just avoid credit cards.”
Read the whole article from CNBC.com.
I think it is more wise to follow the advice of the world’s richest man than it is to follow the advice of our in-debt friends and family or Visa and Mastercard commercials.
