Credit More Valuable Than Money
4 Reasons Credit Is More Valuable Than Money !!!
In this video I provide 4 reasons why credit is more valuable than money.
#1 You are defined by your credit score not your ability to pay the debt back. As long as you can make the payment they will allow you to have credit.
# 2 Cash is used up once you spend it that’s all you have. Why credit you can have access to more as long as you are able to maintain a good credit report and consequently a good score.
#3 One million dollars put in a bank provides you with ten thousand a year based on the yield provided. For the first time ever you can’t live off the interest of a million dollars. In addition you will be taxed on the interest.
#4 You are punished to save money, where as you are rewarded to take on debt.
Credit makes the world go around.
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