Credit cards lie in most Americans’ wallets. Multiple studies say that about 7 in 10 Americans have at least one credit card.
However, credit cards can either be essential to your financial life or detrimental to it.
You need one to help build a strong credit history and improve your credit score, but if you slip up, you can rack up debt and get overwhelmed by high interest charges.
Last week, game designer Avery Alder explained just how fragile this balance is through a visual fairy mafia analogy.
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Image credits: lackingceremony
Image credits: lackingceremony
Image credits: lackingceremony
Image credits: lackingceremony
Image credits: lackingceremony
Image credits: lackingceremony
Image credits: lackingceremony
Image credits: lackingceremony
Image credits: lackingceremony
Image credits: lackingceremony
Image credits: lackingceremony
Here’s what people said after reading Avery’s analogy
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Image credits: flapflaptho
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The post Person Explains Credit Cards With A Brilliant Capitalist Fairytale Example first appeared on Bored Panda.
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