▲ 229 ▼ What's the best financial decision you've ever made? (lemmy.world) submitted 3 years ago by CaspianXI@lemmy.world to c/asklemmy@lemmy.world 180 comments fedilink hide all child comments
[–] CareHare@sh.itjust.works 1 point 3 years ago (1 child) The less you spend the better? Goes a bit against economic progress. But I'm probably not really getting it. Thank you for your explanation. permalink fedilink source parent hideshow 2 child comments replies: [–] Karmanj@lemmy.world 1 point 3 years ago Sorry ,that was a broad explanation. Using only about 1/3rd of your available credit is a plus.no matter if that's $100 or $100,000. The other crazy part is the worse your credit is, the more things that require credit costs.So it's a bad cycle to fall into and helps keep people broke. permalink fedilink source parent
[–] Karmanj@lemmy.world 1 point 3 years ago Sorry ,that was a broad explanation. Using only about 1/3rd of your available credit is a plus.no matter if that's $100 or $100,000. The other crazy part is the worse your credit is, the more things that require credit costs.So it's a bad cycle to fall into and helps keep people broke. permalink fedilink source parent