I try to stick to a budget of how much I'll spend in a given month. In effect, it is a "per card cap", but I don't look at it in that way.
Bizarre advice from Ramsey given that he's tying a cumulative balance (your collection) to an annual amount. It's a bit woeful for people who: a) have been collecting for a very long time or b) have lots of wealth, but smaller income.
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