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Michael Vidal, CFP®

Aug
31
Strategy To Get Out Of Debt
If you are like many Americans, you may be in debt and wondering how to escape the clutches of interest payments and the oppressive bills that come every month. Here is a list of bills that might look like your situation. Debt Holder Amount Interest Rate Minimum Monthly Payment Car $7500 3.45% $200 Bank Card $6000 13.5% $175 Personal loan $2500 5% $50 Department Store $1250 12% $75 Department Store $1000 12% $75 Department Store $850 10% $25 Total $19,050 $600 If this list depresses you, join the club. You want to pay them off and become financially free....
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