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Credit Card Users Just Spend More

Tags » Credit Cards

In an article titled 'Credit Cards Cost, No Matter What', the Washington Posts's personal finance columnist Michele Singletary writes that, even if you're paying off your credit card charges each month, you spend more when you use credit cards that if you just paid by cash. She suggests trying an experiment: "If you don't believe the research, try this experiment: For one month, don't use a credit card. Make all your purchases with cash."


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