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Cards Quote by Andrew Tobias

“You want 21 percent risk free? Pay off your credit cards.” quote by Andrew Tobias
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“You want 21 percent risk free? Pay off your credit cards.”

Andrew Tobias

About This Quote

Source Book: 'The Only Investment Guide You’ll Ever Need' by Andrew Tobias, 1978

Suggests paying off credit cards to achieve a risk‑free 21% return.

In simple terms: Pay off debt for safe returns.

Key Takeaway

Eliminate high‑interest debt first.

Themes

finance risk management debt reduction

Mood

practical optimistic

Type

financial advice

When to use this quote

  • budgeting
  • debt repayment strategies
  • financial counseling

Key Concepts

interest rates financial planning

Questions to Reflect On

  • What debts can you reduce now?
  • How will you prioritize financial goals?
A Different Perspective

Returns depend on personal credit terms.

2.7 out of 5 (10 ratings)

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