You can't get ahead if your in the red.

Document created by lisab on May 20, 2016
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If your paying high interest rates on your debts, you can not save money effectively. For example, suppose you had a mutual fund with a 6% return, but your credit cards are adding 23% interest. The interest on you savings is cancelled out by the high interest credit cards. You'd be better off if you paid down your debts, starting with the highest interest fees. Once you've done that, you'll be in the green.