Wednesday, April 13, 2011

April is Financial Literacy Month - April 13th

Today's question is from Steve at MoneyPlanSOS.

If you had $1,000 to pay down debt, what would you put it towards?

A) Pay off a $1,000 Student Loan (and lose the tax dededuction)
B) Half of a $2,000 Credit Card balance at 9.99%
C) Part of a $5,000 Car Loan at 9.99%

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