If there is one thing all Americans have in common, it’s debt. Well, what did you think I was going to say? Regardless of what we plan or what we say when we’re young, we somehow always end up with some sort of debt. For most of us, I think this typically concerns student loans and credit cards. Yeah, that’s right; college always gets the best of us. Before we know it, we’re married with three kids, a mortgage, a car payment and a load of credit card debt.
Well, it’s high time to eliminate credit card debt once and for all. You want to know how to get this done and get it done quickly? Okay then; I hope you’ve seen the movie “Heat.” Actually that’s not the wisest way to eliminate credit card debt. After all, you could end up in jail and that could make your interest rates climb. Yikes!
Sure, we all want to know the fastest way to eliminate credit card debt. That’s a given. The major question is; how do we get started? This is a tricky question for some, but not for me. I think the most prudent thing to do at this point is to examine how many credit cards you have and the interest rate for each of them. Write it all down. Now, how bad does it all look?…
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