Tuesday, May 13, 2014

How Americans Waste Their Money

USA Today recently exposed twenty of the major ways in which Americans are wasting their money—money they could be using to plan for the future. It’s no surprise that credit card interest costs were included as one of the “money wasters” on the list. The article even provided some not so nice figures: the average credit card debt per household in the United States is a whopping $15,270!   


Articles (and numbers!) like that one should really make you take a close look at yourself. Are you anywhere in that average credit card debt range? Maybe even above it? If the answer to either question is “yes,” then that’s probably a good indicator that you’ve been doing some poor financial planning and making poor financial decisions.


It’s never too late to turn things around though, especially if you get professional help! The financial gurus at Platinum Financial Associates can look at where you currently are financially (no judging!) and come up with a financial planning strategy to help you make smarter decisions in the future and maybe even ditch that credit card debt.

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