***** Positive Thinking, Happy Living

How much do YOU owe on your credit cards?

The average American family is now over $7000 in debt just on their credit cards. That debt generates an interest charge of over $105 each month if your card charges the average 18%. If you have missed a payment or made a late payment (even by one day!), you may be paying up to 27%
interest or over $157 each month.

Most credit card companies require a modest payment towards the card balance. Modest meaning from $10 to $20 a month. To pay off a $7000 debt at $20 a month you will not pay off this debt for 29 years.

The subject of personal finance is very broad, but as a beginning, I would like to discuss what I consider the of personal finance: Security, Stability, Growth and Protection & Management.
Security

Security to me means that I am prepared for the "hit by a bus" scenario.