sometimes we need a slick TV sales lady to get us back to common sense.
the only thing I disagree with is “Pay student loans before credit cards.”
my student loan is at 2.5%, until recently, it has actually been below rate of CD return. I have to assume most student loans have relatively low interest rate given a lot are government backed. why in the world would someone instruct people to pay that off first than credit cards, which mostly run at 18-20%.
She probably should have also added: “always pay the full balance on the credit cards every month.”
