Hi Everyone, in today’s B’s finance minute I intend to remind you that it’s your responsibility to pay off your all your credit card balances in full ideally every month. If you look at your credit card bill the interest on that is 19 percent 25 percent sometimes 29 percent. There’s also a fine print that says it will take you 40 years to pay off your credit card in full if you pay the minimum every month. What if you cannot pay off your credit card balances in full what do you do? Well there’s three ways you can pay it off. First make sure you pay off the small balances first because you’ll feel this sense of accomplishment. The second thing you can do is go to your bank apply for a consolidation loan. The third thing that you can do is if you own your home about three years ago chances are you have enough equity to refinance your mortgage so that you can pay off all your debts and combine them all into one small easy peaceful payment I hope today’s B’s finance minute will make a difference in your life. See you next time!