Cash vs. Credit: When to Use Each and How to Make the Right Call

Cash versus credit is not really a debate about which one is better. It comes down to one key question: are you receiving interest or paying it? Ryan explains how that single framing clears up most decisions, from whether to finance a car to how to think about credit card rewards.The real danger Ryan covers is getting sold a vehicle or a major purchase based on a monthly payment instead of the total cost. He also walks through when carrying a credit card makes clear sense, like security, fraud protection, and rewards, and when it becomes a trap for people carrying balances at 20 to 30 percent interest. Credit rewards disciplined users and punishes everyone else.Find "Your Fiscal Physical" the book on AmazonIf you have suggestions or feedback, please email us at: [email protected], as always, Stay the Course!