We've all heard "steadfast rules" about how we should be handling our money to get the most bang for our buck, so to speak. But there are a few rules we've been holding onto for a little too long it looks like. Or at least that we should reconsider. Check out 5 money "rules" meant to be broken and find out what money rules you might have been following but don't necessarily have to be.
5 money "rules" meant to be broken
06/23/2011
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Dude! A former roommate tried to convince me that the last one on that list was true. She was all, "You only earn credit when they charge you interest and you make a minimum payment. If you always pay off your balance, that doesn't do anything." Uh...no.
I like that they mention the mortgate payoff stuff, too. With interest rates so low now, you really can make more investing than you'd "make" building equity. Cool article.
I like that they mention the mortgate payoff stuff, too. With interest rates so low now, you really can make more investing than you'd "make" building equity. Cool article.
06/23/2011
That is a really good article - some of those you hear so often you do think they're absolutely true.
06/24/2011
I disagree with not paying off your house.
06/24/2011
Total posts: 4
Unique posters: 4