We all love whipping out the credit card to purchase those cute little red ankle boots or that must have winter accessory in
Credit cards are an easy way to pay for things but they can also be very expensive if you don't pay off the balance in full every month. The longer you leave an unpaid credit card balance the more expensive it gets.
By Leo Babauta Confession time: My name is Leo, and I’m a recovering creditcardaholic.
Repaying high-interest debt is sometimes called the best investment. And there's a way to do it that, I suspect, many people don't know about.
I’ve got a nasty secret. One of those kinds that I’ve been silently ignoring hoping it would go away without too much hard work. My nasty secret is debt and unfortunately due to compound interest (ie paying interest on top of interest), it certainly doesn’t go away easily!