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If you insist on having credit card debt and a savings account,

you should have ___
a) the credit card paid off each month
b) the credit card interest rate higher than the savings interest rate
c) the credit card interest rate the same as the savings acount
d) the credid card interest rate lower than the savings interest rate

1 answer

If you insist on having credit card debt and a savings account, you should have:

d) the credit card interest rate lower than the savings interest rate.

This way, you can earn more interest on your savings than you pay in interest on your credit card debt, which is generally a more financially sound approach.