659 - How to Pay Off Credit Card Debt

Money Girl

Macmillan Holdings, LLC

Investing, Education, Business, Entrepreneurship, How To

4.6 • 1.8K Ratings

🗓️ 11 November 2020

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Instead of paying high interest to credit card companies, it's time to whittle down your balances and use the money to build wealth for yourself. Laura answers listener questions and reviews seven ways to pay off credit card debt. Read the transcript. Check out all the Quick and Dirty Tips shows. Subscribe to the newsletter for regular updates. Join the conversation on Facebook and Twitter. Links: https://www.quickanddirtytips.com/money-finance/credit/how-pay-credit-card-debt https://www.quickanddirtytips.com/podcasts https://www.quickanddirtytips.com/subscribe https://www.facebook.com/MoneyGirlQDT https://twitter.com/LauraAdams

Transcript

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0:00.0	Hello friends and welcome back to the Money Girl podcast. If you are a new
0:09.8	listener I am thrilled to have you here. I'm Laura Adams a personal finance
0:14.2	author spokesperson and consumer advocate who's been writing and hosting this show
0:19.0	since 2008. Be sure to subscribe so you never miss a weekly episode.
0:24.0	And if you're a longtime listener, it's great to have you here.
0:27.0	I appreciate you downloading each episode.
0:29.0	And you know I cover a wide range of personal and small business financial topics including
0:35.1	building credit, dealing with debt, investing for retirement, buying and selling real estate,
0:40.7	paying taxes, having the right insurance, money management strategies, and a whole lot more.
0:45.9	If you're ready for more knowledge, resources, and motivation to manage your money the best
0:50.6	way possible and create a richer life, you are in the right place, my
0:54.7	friends.
0:55.7	I've recently received several questions about paying off credit card debt, so that's what
1:00.9	today's show is about.
1:02.4	Paying down or completely eliminated. So that's what today's show is about.
1:02.5	Paying down or completely eliminating credit card debt
1:06.0	is a fundamental goal for your financial health.
1:09.6	Because carrying a balance from month to month
1:12.0	comes with high interest, which is a waste of your financial resources.
1:16.0	Instead of paying money to credit card companies, it's time to use that money to build wealth for yourself.
1:22.0	So I'll answer your questions and... use that money to build wealth for yourself.
1:23.0	So I'll answer your questions and review seven tips to pay off your credit card debt.
	...

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