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Let's look at some simple math. If you invested in the stock market, you can reasonably expect
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to make 6-8% on your money in an average year. But how much is the interest rate on your
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credit card? Well, more than likely it's at least 18-20% and some people's credit
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card is even higher than that. So the money that you're repaying on interest alone for
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your purchases on your credit card is double and for some of you it's even triple the
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return you would get by investing. The best thing you can do if you're in that situation
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is to stop the bleeding first by paying off as much of your debt as possible with extra
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cash you get until it's all gone. Again, especially credit card debt. This is the worst
