Credit Card Tips

In difficult economic times where most investment options are performing poorly, if not losing money altogether, there is one risk-free way to achieve double-digit returns. This is an option that few people think of. This is avoiding the high interest charges associated with carrying a balance on credit cards each month. Most credit cards charge 12-20% interest, or more, on balances not paid off in full. Avoiding these interest charges adds up to a higher return than the stock market has averaged per year since 1926 (10.3% average annual total return on common stocks, according to Yahoo Finance).