• Credit Card Debt

Men’s Health: Defeat Debt

Men’s Health  |   November 12, 2011 

If you’re carrying credit card debt, paying just the minimum won’t cut it. You’ll need to come up with a plan (I recommend using this great online debt planner calculator) and pay as much as you can stomach each month.

If you’ve got a heavy load weighing you down, use these tips from Lauren Lyons Cole, a New York-based Certified Financial Planner, to pay off your debt ASAP.

“Put all extra cash—bonuses, birthday gifts, whatever—toward paying down your debt,” Lyons Cole says. “Remember, it’s only temporary. Once your debt is gone you can go back to living at a more normal level.”