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Each ringing of the New Year brings about waves of resolutions for self-improvement. Perrennial favorites include weight loss, getting organized and improving financial management.
With the Federal Reserve Bank beginning to raise interest rates and with more rate hikes expected in the future, now is the time to address debt repayment for a financially health 2017.
These simple steps will aid in your success:
– Put extra money towards your smallest debt and rack up a quick payoff victory.
– Move to your next debt by adding the money you allotted from the previous debt to your monthly payment.
– Follow through!
– Guy Williams, President and CEO, Gulf Coast Bank & Trust Company