What other strategies for financial success

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One general financial goal for myself is to pay off my credit card. I went to the website for financial calculators and I clicked on the link for "How long before my credit card is paid off" and it calculated it out that I have paid about 2,000 dollars in interest and I never realized how much I actually pay in interest, to be honest I was disturbed. I will begin to make higher payments now so I can pay it off earlier and get it over with. From module 10.1 I realized that I could use the short term goal for the time based option. I will cut out little things that I do not need to spend money on, like coffee every week from dunkin donuts, Or going out to eat as much. I will limit myself to once a week for each of these so I have extra money to put towards my credit card bill. I believe that these small changes will definitely help me in the long run to reach my financial goals.

What other strategies for financial success can you share with your classmates? What additional digital tools would you suggest or recommend to your classmates?

Reference no: EM132912259

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