2 ms·
re: 1. With cash, the worst case is that you spend all your money. With a CC, the worst case is that you spend all your money AND max out your CC limit. So inst
by Rebelgecko 5y ago
re: 1. With cash, the worst case is that you spend all your money. With a CC, the worst case is that you spend all your money AND max out your CC limit. So instead of having a net worth of $0 (until your next paycheck), you have a net worth of -$10,000. Then every month your debt grows by $200 due to interest.