Episode 10 - What You Need To Know About Credit Cards

In this episode of Blue Money, Jim & Kevin are discussing all things credit cards. Jim starts off the conversation with a personal story, like so many others, about his own experience getting in credit card debt at a young age. They go into explaining why and how it’s so easy to get into and stay in credit card debt. Listen for tips on how to get out of credit card debt. If you don’t like the word “budget,” you’ll love the spending plan concept. The guys bring up the snowball method and avalanche method for paying off debt. They compare the two and explain when it’s best to use each. Credit cards can be a great tool, when used correctly. Listen to this podcast for best practices when it comes to dealing with credit cards. To contact Lt. Jim Donnelly: [email protected] To contact Kevin McGarry: [email protected] For a free financial assessment, or for more information visit valleyfinancial.com