Quote by Suze Orman

Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.


Those carrying a credit card balance should scale back to ma

Summary

This quote suggests that individuals who have credit card debt should prioritize building up their savings by making only the minimum payment required on their credit card each month. By reducing the amount spent on credit card repayments, they would have more disposable income to allocate towards saving. This approach promotes responsible financial planning and aims to alleviate debt while simultaneously fostering a habit of saving.

Topics

Money
By Suze Orman
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