Category Archives: Accounting

Credit card statement balance vs. current balance

Swiping a credit card to pay for everyday things is so easy and so frictionless. Swipe here for a smoothie, swipe there for a new pair of shoes.

When you buy on credit, it’s easy to forget that you’re paying for that item with money that doesn’t belong to you. In essence, it’s almost like taking out a short-term loan to make a purchase. Depending on how long…

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