Business, 10.12.2020 16:30, manasangreddy2921

Max just finished his $500 emergency fund and is now working the debt snowball. He's been offered a credit card with a $5,000 limit at zero percent for one year. Max plans on banking the $5,000 in his emergency fund and paying off the card in a year before any interest accrues. Max is positive he can do that. Meanwhile, he will have earned interest and have money in the bank in the event of a real emergency! What would you tell Max?

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Max just finished his $500 emergency fund and is now working the debt snowball. He's been offered a...