10 Steps to Paying Off Credit Card Debt
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One of the biggest challenges for new
investors to overcome when they first decide to start building wealth
and putting money away for their future is a looming mountain of credit
card debt built up over several years. With balances of $10,000 or
$20,000 or more, at 20% and 30% interest, they find themselves paying
upwards of $500 per month in interest expense alone, never making the
balance of the credit card debt decrease, adding even more frustration
and pain to the cycle.
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