High-interest debt
Market basicsBorrowing whose interest rate exceeds any realistic expected investment return.
In plain terms
Repaying a 40% credit card is a guaranteed, tax-free 40% return. Nothing you buy will beat it.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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