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Skimm This: State of Women… and Money

Skimm This

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How to Manage and Pay Off Debt

The average interest rate on credit card debt is around 17%. But honestly, when I look at clients credit cards, it's usually more like 20, 25%. So that's why it's usually a top priority because it just costs so much more money than someone's mortgage or student loan typically. The snowball method tends to work really well as well because we get to check something off our list. And then the emotional method might mean it's driving you bananas that you owe your friend money and never want to deal with them again.

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