Why Warren Buffett Hates Credit Cards

Warren Buffett has spoken often about the dangers of credit cards with high interest rates, which can very quickly destroy your financial health.

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

_Copyright © 2020 — Superinvestor_
_All Rights Reserved_

[lassataest]

I buy everything on my card then pay whatever it was immediately then get the cash back. I usually wait until the end of the year and I'll have $1000.00 or somewhere in there.

[angiepatterson]

There is nothing wrong with them so long as you use them as a simple tool and not a debt instrument.

[TheSilvertrigger]

I love how he is so honest. This man owns millions in stock in wells fargo and bank of America 🇺🇸 and he is going against the companies by telling people to pay off their credit cards 😂. He has so much wealth he can tell it straight!

[miri]

The story with printing press while being proud of it has one big problem, if other countries start selling treasuries in USD you will end up having too much paper to create hyperinflation.

[amatoiannelli-mgjd]

Why we can t have him as our president.