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News & Press: Financial Literacy News

Getting rid of your debt has its costs

Tuesday, July 25, 2017   (0 Comments)
Posted by: Brian Pontious
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http://www.app.com/story/money/personal-finance/2017/07/23/getting-rid-debt/103513128/

 

 Stories about how ordinary people pay off debt quickly can be amazing, inspiring — and somewhat deceptive.

 

 These tales often mention the sacrifices debtors made but may gloss over the cost to their quality of life or the misguided choices they made. Becoming debt-free can be a worthy goal, but understanding the pitfalls can keep you from repeating others’ mistakes.


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