Very sound advice and one that we also try to share with our sons as they enter further into the life or mortgages!

Some good advice Jon. I find that paying off your credit card balance monthly is a good way to go,no interest! Also you can earn mileage for a plane ticket or cash back depending on the credit card. That works for me ☺

Watch this video to learn the difference between simple interest and compound interest. _I also explain how banks make money._