When you’re carrying a credit card balance, paying at least the minimum due each month is certainly a start. If those payments aren’t making your overall budget feel squeezed, you have all the more reason to put payments on autopilot and not think about the total cost of your debt.
“Our pace of life has gotten really busy,” says Delia Fernandez, a certified financial planner and the founder and president of Fernandez Financial Advisory LLC in Los Alamitos, California. “There’s always something that’s more important, particularly for these people who are not in a financial crisis.”
