7 Deadly Credit Sins

I recently wrote an article entitled the "7 Deadly Investing Sins" which discussed the seven biblical sins of greed, sloth, gluttony, envy, wrath, pride and lust. These basic emotions have always led us to making bad investment decisions with our money when investing. However, just recently I was interviewed by Fox26 News to discuss the seven basic sins as they relate to personal finance and in particular credit card debt.

The point here is the same as with investing. Allowing emotions to dictate our actions typically leds us into making decisions that inherently wind up both making, and keeping, us poor. This is not a popular topic as it requires giving up setting aside our current "satisifaction" for long term benefits which are often hard to fathom.

Anyway, here is the interview.

lance sig
Lance Roberts

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