Credit Card & Debt Management: A Step-By-Step How-To Guide for Organizing Debt & Saving Money on Interest Payments
If you ask single Americans in their 20s or early 30s what their biggest financial worry is, most will probably answer credit card debt. Bilker shows them the formulas for digging out of the credit-card hole--methodically, systematically, and with a minimum of confusion. Surprises abound, including Bilker's advice against cutting up one's credit cards--after all, one may need that credit line in case of emergency. He also advises against paying off one's credit debt with savings, opting instead to use budgeting from salary and letting that savings grow untouched. If used correctly, this book could be a big help to those experiencing a rather common burden.Joe Collins