2min chapter

The Bridge to China cover image

We discuss protecting ourselves from spiking interest rates

The Bridge to China

CHAPTER

How to Transfer Debt to a Zero Percent

If you have three or four different kinds of debt, look at spread them out in front of you. whichever one has the highest interest rate, generally the rule is pay that one first. In Chinese families, if I somehow got into debt, like my parents will be at the door like five minutes after they heard this and my mom will be like, what happened? We'll have a shoe case full of cash. This is the American way, baby.

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