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Instead of carrying multiple cards and chasing rewards, he sticks to just two.
Using credit cards regularly or chasing rewards is not wrong, but there may be better strategies for everyone.
He emphasizes that the primary purpose of a credit card should be convenience and security,not earning rewards.
He refers to credit card interest as the invisible quicksand that holds a lot of people down financially.
People think, I make $50,000, so why dont I have $50,000 in my checking?
He also reminded his LinkedIn followers to factor in the opportunity cost.
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