Slumxxprime Slumxxprime

17-02-2019
Business

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What trade offs do you use when you use credit

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MrCreighton MrCreighton

18-02-2019

When using credit, you are giving up spending in the future to spend money now. This trade off involves costs (interest). So borrowing money from your future to buy now, will cost you more in the long run that paying cash.

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