ilmscore | Prediction Details
"if your credit card company is charging you 19% a year what would happen if you invested that money and got a 19% return on your your money now I know it's not very easy to get a 19% return every single year but your credit card company's doing it so if you invest $1,000 a month and you can get a 19% return on your money every single year and you do this for 10 years which is what a lot of people are taking to pay off their credit card debt this $1,000 a month investment would grow to over $420,000 over those 10 years"
By Minority Mindset | March 10, 2024 | Pending
From video
MASTERCLASS: How To ACTUALLY Manage Your Money Like The 1% 00:09:52 - 00:10:28
Interpreted Prediction
Carrying 19% credit card debt is equivalent to losing the opportunity to earn a 19% return on investment, potentially costing over $420,000 in lost growth over 10 years on just $1,000 monthly payments.

Prediction Details

Topic
Credit Card Debt Impact

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