Wednesday, December 7, 2011

Credit Cards: What Is Your Minimum Payment?

For the last few days, we’ve been discussing credit cards and how they can affect your ability to save money.  Continuing on with this discussion, I want you to look at the most recent statement of each of your credit cards, and see what it shows your minimum payment to be each month.  Put this on the same page that you have all of your balances and interest rates.  We are slowly building a centralized location, in which you can also start to see the credit card balances decrease in the future.



See, another easy task!  You’re getting the hang of what this is all about now.  Saving money does not have to be hard, and we’re not going to make it be hard either! 

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