Things to Know
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Get out of debt first.
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Be very careful with the number of credit cards you have.
I'm in my early 20's and paying off credit card debt from college. I've been putting more of my paycheck into my retirement fund than paying off credit card bills. Am I doing myself a disservice not paying my credit card debt off now?
Expert Answers
The opinions expressed by the professionals are their own. None are affiliated with, controlled by, or endorsed by NYSE Euronext.
Dr. Tahira K. Hira, professor of personal finance and consumer economics and executive assistant to the president at Iowa State University
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John Hope Bryant, the founder, chairman and chief executive officer of Operation HOPE, a non-profit social investment banking organization.
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