Stretch Your Dollar: Learn How to Efficiently Gain Interest in Your Bank Account
While it is always a good idea to have an emergency fund, keeping money in a savings account while you have debt on a credit card doesn't make financial sense. Regular saving accounts earn very little interest, while the interest rates on credit cards average 13 percent. Using your saving account to eliminate debt means that your money is working harder for you. You'll save a substantial amount on interest and will be closer to wiping out your debt completely. Just be sure to leave enough in saving to cover basic emergencies.
Whether its money, pet care, or traveling tips, we have all the information you need right here at Equitable Apartments in Des Moines, Iowa. We invite you to enhance your lifestyle with these helpful tips!