curio

money

Why a $25 Minimum Barely Moves a $1,000 Balance

A $25 minimum on a $1,000 card balance feels like progress. Part of it never touches the debt. The card charges interest first, so some of every payment covers this month's interest before anything cuts the balance.

The rest of this one is in Curio Pro.

Read the rest in Curio

Mystery, Smart Money and Startup Lessons are part of Curio Pro.