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The Role of Debt in Financial Planning (EP.243)

The Rational Reminder Podcast

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The Cost of Not Using Credit Cards

There's a cost to not using credit cards because of the reward situation. They're processing fees that merchants pay and pass on to consumers through prices. So if you're using cash or a debit card, you're subsidizing the people earning credit card rewards. And as I mentioned before, the distributional effects of that are really not ideal.

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