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Discussion on: My Biggest Mistake When I Started Earning Six figures

 
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Niall Maher

Just credit cards! Not all debt is bad but here in Ireland there is no bonus for having a credit card. No nice rewards and it doesn't impact your credit score that much (unless you're bad with one).

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John Peters

Credit card interest rates in the U.S. are 17% compounded daily, if one makes only the minimum payments the cards are never paid off. To put one's money to work it would have to earn more than 17% to have a positive cash flow. I see no way to do this consistently.