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Why Your Dad’s Super Advice Might Be Costing You Thousands

She's On The Money

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Understanding Credit Card Interest

This chapter explores the complexities of credit card interest, focusing on the concept of residual interest and how it impacts consumer finances. The speakers explain the payment cycle, detailing how daily interest accrues on unpaid balances and the dangers of minimum payments. Listeners are encouraged to understand the terms of their credit card agreements to avoid unexpected charges and long-term debt.

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