Paying The Minimum Doesn’t Work

I found this great article and graphic at  The title is Why You Will Never Pay Off Your Credit Card and it follows an “average” American credit through a lifetime of minimum payments (and beyond!)  It is a great explanation of why minimum payments don’t work for the consumer.

About the Author

Kate Horrell
Kate Horrell is a military financial coach, mom of four teens, and Navy spouse. She has a background in taxes and mortgage banking, and a trove of experience helping other military families with their money. Follow her on twitter @realKateHorrell.