Credit Cards:
When it comes to using your credit cards it's important to be wise
and frugal. Although they are very convenient, credit cards are
dangerous and damaging when used unwisely. Try to use them
only when you absolutely have to.
Did you know that if you have a credit card that has a $1,000
balance and you pay only the minimum payment each month, it will
take you between 20 and 30 years to pay off that $1,000 balance,
because the majority of money is going strictly toward the
interest and not the principal amount?
Harvey Akeson
harvey@harveyakeson.com
http://A1MoneySaver.blogspot.com
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