Wipe Away That Gift Giving Debt
Are you still paying off what you spent over the holidays? Don’t feel like you’re alone. One out of three of your friends are right there with you. In fact, 7% of shoppers are still paying off Christmas 2013! With an average of $7,000 per household, we should all be picking up these money management tips for erasing that debt.
One new way to start paying off those bills is the snowball method, if you have multiple credit cards, the snowball methods says pay off the smallest balances first. This will keep you from pushing balances from card to card and cutting in half one card at a time will also offer a much needed morale boost.