Wanna pay down debt or your mortgage faster AND save lots of $$$?

Extra payments that you make usually go 100% to the principal of the loan, not the interest, potentially saving you thousands of $$$ in interest costs. Talk to your financial institution and see how pre-payments can work for you.

Trying to pay off your credit card? See if you can get a credit card with a low introductory interest rate and do a balance transfer.

The lower your interest rate, the more of your payment goes to principal instead of interest and the faster you’ll pay the card down.

Be sure not to put any new purchases on the new card if the low rate is only for balance transfers. Try and pay off that card before the introductory rate expires, it may go up to a high rate once the introductory period is over. Read the brochure that comes with the card carefully before using, read the fine print!

And, do NOT use your old card, cut it up!