Minimum monthly payments and high-interest rates could chip away at your paycheck with unparalleled speed. If you’re out of work and still waiting for unemployment money, the last thing you want to do is sacrifice essential items such as food or disinfectants.
That’s why you should think of ways to minimize these costs. Transferring debt to a card designed for balance transfers is a good place to start, especially if you can find one that offers a low or no-interest introductory period. By parking some, if not all your high-interest debt elsewhere, it could take the strain off your shoulders for a few months.
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