At YNAB we talk a lot about what we call the Credit Card Float. If you’re riding “the float” it means you’re relying on next month’s income to fund this month’s spending. It can be hard to detect the float because most people who are trapped in this cycle are those who take pride in paying their credit card balance in full, every month, on time. They never pay interest and reap whatever rewards their credit card offers, whether it’s miles, cash back, or a free pony. If you’re one of these people, you’re in better financial shape than most. But let’s take a close look at how this setup usually
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