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Ep - 39 Time to act as credit cards are becoming even more expensive
Manage episode 361918723 series 3426902
Lindsay Cook & Glen Thompsett, Lindsay Cook, and Glen Thompsett द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Lindsay Cook & Glen Thompsett, Lindsay Cook, and Glen Thompsett या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Credit card debt is swamping many of the holders of the UK's 59 million credit cards. With interest running close to £5 billion a month or £126m a day now is the time to find out how to cut the costs before the interest rates go up again in June.
More than 90% of credit card holders are in debt in that they do not pay off the bills in full each month and many could save substantial money by moving to an interest-free credit card, or one charging lower interest.
Checking bills every month makes sure we know what the total debt is and the minimum payments and may alert us to incorrect billing or regular payments that should be cancelled. If spending does not bring us joy it probably needs to be canned.
Don't allow yourself to make minimum payments and pay for today's spending for the next two decades. Make your money work for you not the credit card company.
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