Nuggets for 02-17-06
If you’re a visual person, you may like this debt repayment calculator I discovered via Consumerism. After you input the terms of your debt (only one account at a time), it presents a colorful timeline of your payments and end-of-year totals.
While it’s certainly true that having a college degree is becoming more and more common, that it’s not inexpensive and that the college wage premium has shrunk, there is still a tremendous economic benefit in going to college — up to $1 million or more.
Why you should understand your credit card debt
I am at a point in my life where I pay off my credit card balances every month. I wish I could say that has always been the case and no credit card company ever made money off me. Wish I could, but can’t. Like so many college graduates I left campus with a diploma AND hefty credit card debt (students loans as well, but not the point of this post).
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