For those of you who do not have 3 minutes and 25 seconds to watch this video (or a slow internet connection, I feel you bro), let me summarise it for you. If you only pay the minimum amount monthly, you are basically only paying the interest.
And it will take you a whopping 36 years to clear off your credit card debt,.. and that provided you don't swipe your credit card on next purchases.
Share with me your thought and comments!
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