I’m always eager to share articles written elsewhere that are useful to Beyond Paycheck to Paycheck readers. That’s one reason I read the Carnival of Personal Finance every week. This week’s version, hosted by fellow New Englander David from Money Under 30, includes my post Should I Repair My Car or Buy Another One?
Of the more than 100 articles at the carnival, one immediately caught my eye: The Digerati’s Balance Transfer Credit Card Tips, Facts and Traps. While much has been written on this topic, few writers have tackled the balance transfer “opportunity” as succinctly. More importantly,
For anyone with existing credit card debt, his article should be considered required reading. Note: your individual conclusion may be to do absolutely nothing. And that’s okay too.