Quote:
Originally Posted by GP_Matt
I think you are crazy to put money in an RRSP if you have credit card debt. At 18-25% interest on the cc debt you will never make that inside your RRSP.
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From the numbers I've seen, roughly a quarter or a third of half of Canadians carry a credit card balance. Seems like a freaking crazy high percentage to me but then again, we do carry a crap ton more debt than Americans or even the Greeks.
Borrow more baby, keep borrowing! It's free!
