Quote:
Originally posted by Fire
I would like to know about this thing- I worry about my own debt, but want to know what the deal is
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If you're worried - you probably need to talk to someone who can help you set up "a plan of action." If you just worry & wait the interest rates will kill you. They are designed to put us in chains. Been there - done that. Cut up the cards now. Pay off the ones you can ASAP.
Example: Buying something on sale & on credit is insane. Too bad most of us didn't learn this the easy way in Ecomonics 101. Yeah, I know - we all made waaay too much cash in the 80's! Thought it was never gonna end, too didn't we? Start a 401K immediately...unless you are hand to mouth (& who isn't these days - it seems).
Once you get debt free you will be a new person and The Captain of your House & Ship. Didya know that Debt is the No. 1 reason for divorce in the USA. ? Best of luck. Empower yourself.