I have been asked if and when using credit cards makes sense. As a general rule, I tell people to never use a credit card. However, if you can exhibit self-control, then there are three reasons I would use a credit card.
I have been asked if and when using credit cards makes sense. As a general rule, I tell people to never use a credit card. However, if you can exhibit self-control, then there are three reasons I would use a credit card.
Let’s use game theory to analyze the true payoffs of using and not using credit cards. I’ll then show you how companies distort the truth hoping that you’ll choose a non-optimal solution.