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Do the math

Posted: November 27, 2008 6:44 p.m.
Updated: November 28, 2008 4:30 a.m.

What if you walked into a store to purchase something and you saw a sign over the item you want that read, "This item is marked UP 18 percent or 20 percent or 28 percent or more"?

If you use your credit card to pay for your purchase and you do not pay off your credit card in full each month, that is what you are doing.

Do the math and you might realize what you are doing to yourself for instant gratification. Be smarter than the next guy and don't spend your future income. That is an uneducated decision that will never, never ever get you where you want to be.

Instant gratification is a deadly disease. Do not succumb.


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