Now that the holiday spending season has come to an end, a regional financial planner is suggesting you take stock of your situation.
Nicole Slongo says if you believe your debt load might be getting out of hand, then make a plan and stick to it.
Slongo suggests creating a meaningful, monthly savings plan.
Slongo’s comments follow a survey suggesting 51% of people regret not paying down more debt when interest rates were so low.
She believes that because it’s so easy to get credit, many are simply saying they’ll get it now and pay for it later.
If you find you have run into debt problems, Slongo suggests taking stock of all you have and find the smartest and least expensive way of paying it down.
