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Divorce Budgeting Tip 5
July 24, 2009
5. Reduce your debt.
You also need to stay on top of your credit in order to reduce debt. This means paying your monthly bills on time and in full. It could take you years and thousands of dollars in interest to pay off a single credit card if you pay the bare minimum. Already in credit card debt? Get out before it gets worse! If you can’t pay your balance off in full, reduce how many credit cards you use and choose a card with a low annual percentage rate and a low or no annual fee.
By: Brian O’Connell
Posted by Judith Gerhart on July 24, 2009 | Permalink | Post a comment
Dr. Judith Gerhart, CFP
Certified Divorce Financial Analyst 
