5 Money Habits That Keep You Broke Without Realizing

⏱ 2 min read Lifestyle 👁 115
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Only Paying Minimum on Credit Cards

4 Only Paying Minimum on Credit Cards

Minimum payments are designed to keep you in debt as long as possible. A $3,000 balance at 20 percent interest takes over 9 years to pay off with minimums. Pay as much as you can above the minimum every single month.