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DailyFinance: 13 Common Money Mistakes to Avoid in 2013

2. Carrying a Credit-Card Balance

The other way that banks make a fortune from customers is by encouraging you to carry a credit card balance. With most cards still charging double-digit interest rates, credit cards are a gold mine for banks, but they can put you into a debt hole that you'll fight to get out of for years. Be smart and do everything you can to get card balances paid down pronto.


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Life's Necessities Could Cost You $3,794 More in 2013
13 Stocks to Start Investing with in 2013

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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