09/15/2026
There’s an ad in my elevator offering 5% on your savings.
It got me thinking.
We’re constantly encouraged to think about the interest we can earn. But how often do we stop and calculate the interest we’re paying?
Put $1,000 into an investment earning 5% and you earn $50 in a year.
Carry $1,000 on a credit card charging 24.99%, and that same $1,000 can cost you roughly $250 a year.
$50 earned.
$250 paid.
Investing is important. But an investment can’t compensate for expensive revolving debt simply because we’d rather not look at that side of the equation.
Sometimes the smartest financial move isn’t finding a better return.
It’s stopping the bigger leak.
