Let’s talk about credit cards and credit card debt. As you think about retirement and make plans for your future, credit card debt is part of that discussion.

Credit card companies entice you by offering wonderful incentives to get you to sign up and use your card. They advertise that life is wonderful if you just use your credit card. Well, life might be wonderful until you receive your bill.

Sometimes people want immediate gratification and they can get that using their credit cards. But, that is what gets Americans in trouble. Before you know it, some have racked up a large amount of money on their account. According to the statistics on Credit Cards.com the average credit card debt per U.S. adult resident is $4192. https://www.creditcards.com/credit-card-news/credit-card-debt-statistics-1276.php

In addition to the balance on your card, think about all the hidden fees added to your unpaid balance. The fees continue to grow each month. However, if you are one of the few Americans who pay off your credit card each month, you have established a great habit. You are among the minority.

The best way to approach debt is for us to talk about your situation. Let’s put a plan in place so you can grow and protect your assets for today and your future.