Make this the year you tackle that credit card debt once and for all.
Sentiment: POSITIVE
It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.
Credit cards are like snakes: Handle 'em long enough, and one will bite you.
Get rid of debt now.
Debt is a drag, a reality you may experience with every credit-card bill you open. But for a corporation or a government, it can be even more of a drag - on economic growth and job creation.
It took the first 204 years of our Nation's history to accumulate $1 trillion in debt. And now we are doing that every 2 or 3 years.
Credit is an 'I love debt' score.
Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.
If it took multiple debt ceiling hikes, I'd rather achieve the savings.
Remember that credit is money.
When debts are not paid because they cannot be paid, the best thing to do is not talk about them, and shuffle the cards again.