by Don Rose, Writer, Life Alert
Rule 2. Pay down high-interest credit card balances first.
In other words, address what is causing the biggest dent in your wallet first. Then, once that card balance is zero, pay down the card with the next highest interest rate, and so on. To help you remember this rule, here is another way to look at it (which rhymes): Pay off the cards with low interest rates last, since they do not damage your wallet as fast.
How to protect seniors -- older parents, relatives and loved ones -- who live alone. Tips on what to do in case of an emergency. Safety ideas.
- Life Alert Emergency Response
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