Did you know the average American family has about $16,000 in credit card debt; this translates to a lot of money wasted on interest payments. In my NBC’s TODAY show segment, I teach you my simple trick to RACK IT, STACK IT, and HACK IT to help you pay off those balances—saving you time AND money. The beauty of this system is you can do it on a piece of paper, OR you can go over to www.finishrich.com/dolp and use my DOLP™ Calculator to help you prioritize your debt!
My system will allow you to establish the most effective and efficient order in which you should pay down your various cards. The DOLP™ system works by identifying the card you can pay off most quickly and then having you pay it off first. The point of doing this is to reduce the number of different cards you owe money on as fast as possible.
In this segment I also discuss what your options are and where to go if you have good credit and want to pay 0% interest on your credit cards—starting today!
So, watch the segment above and then ask yourself if you have a strategy to pay your credit card debt off that will save you time and money? If you don’t, then my DOLP method could be the solution for you!