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Don't overspend on your credit cards. Just because you don't have to pay it now, doesn't mean it won't come back to haunt you later. The price of your $100 dinner that you didn't pay for when you got the bill, has cost you $500 when you finally pay down your credit card bill to $0. For example, at a 20% APR, every dollar you spend today is $619 10 years later.

Be careful. It adds up quickly, and is generally not tax deductible, but consult your accountant or tax advisor.

 

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