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Finance Tip of the Day

Say NO to Revolving Debt!

  • 2017 9 Oct
Say NO to Revolving Debt!


Financial Tip for Millennials: Say NO to Revolving Debt!

While it’s advantageous to pay off all forms of debt, credit cards should sit at the top of the list. This is because credit cards include revolving debt while things like student loans include installment debt. Revolving debt involves high interest and requires low payments, making it the one that gets many people into financial trouble.

Today's tip brought to you by Mvelopes and Money4Life Coaching.