Debt

Top Things to Know on Managing Your Personal Debt

Posted by admin on Nov 27, 2012 in Blog, Credit, Debt, Equity & Assets, Expenses, General Accounting

Credit cards aren’t the enemy is used wisely. Since the average American has about $10,000 or more in credit cards debt in their portfolio, it doesn’t necessarily mean that that’s a bad thing. Work on keeping current, maintaining a lower interest card, and paying off more than the minimum payment on a regular basis. Some debt is good and some debt is bad. Borrowing for some of life’s major purchases such as a car, home or wedding perhaps, isn’t necessarily a bad thing. Just make sure you shop around for a better deal always and don’t borrow more than you...

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