Im sure your answer is yes to this question. Yeah, you may want to loose your debt, but arent sure exactly how to do this. Did you know that there are a lot of people in the United States who are in more debt today than weve ever been? Were also saving much less! Thats right. Even though we make more money were saving a lot less than our grandparents did! I know youre saying, things cost much more these days. Yes, I know, but were still spending more, which keeps us from saving the money we should for a rainy day.
In fact, the interest rates that are currently being charged on credit cards average eighteen percent and upward. Ouch! Thats a lot of interest to pay for a credit card especially if you dont pay off your balance each month. Of course, your credit card company would like you to keep a balance on your credit card so they can collect interest from you! Remember youre charged interest on your unpaid balance, thats how the credit card companies make lots of money. You say to yourself, what can I do to reduce or eliminate my debt? Well, here are some tips to help you begin your path to financial freedom by reducing and eventually eliminating your...