Welcome back. It's Finance Friday, another special edition of Money Girl, where I answer your

burning money questions. We love getting your questions, so please keep them coming.

Today's topic comes from Greg, who says, I have a relatively small mortgage of about $275,000, but I recently made some

renovations and had to charge about $30,000 for materials and labor on credit cards.

My lowest card interest rate is about 13%, and I'm trying to pay off the balances as quickly as possible.

Since I don't have much extra money to spend each month, what's the best way to manage this debt?

Thank you so much for your question, Greg. I'm sure many people can relate to your struggle to pay off

credit cards when money is tight. The best approach to

handling card balances depends on various factors and your goals. This podcast will review

strategies for minimizing interest and eliminating credit cards depending on your financial

situation. Welcome back, everyone. This is episode 959 of Money Girl.

I really appreciate you being here and just spending a little time with me.

I'm Laura Adams, an award-winning author, on-camera spokesperson, money speaker, and founder of

The Money Stack.

That's my substack newsletter.

If you haven't subscribed already, I would definitely encourage you to do so. You can learn more about the money stack. You can ask me any

money question. And of course, sign up for the newsletter at laura d adams.com. You can get the

newsletter for free or become a paid member with access to my live educational

and Q&A events.

Additionally, you can ask a money question by leaving a voicemail by calling 302-364-0308.

Credit cards are, you know, one of the most, I think, controversial types of financial tools.

They're really flexible. They allow you to borrow money for everyday expenses or to finance

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