Determine which credit cards or debts are costing you the most interest, and work double-time at paying them off first. Remember, the two-fisted monster of compound interest works in your favor when you’re saving money , not when you’re … He suggests an effective way to create a spending plan: Use one bank account for all “variable” spending needs, such as groceries , entertainment, clothes, etc.

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10 Ways to Beat a Credit Hangover | RateNerd