Financial Mistakes to Avoid With Your First Job
By
siliconindia | Monday, October 24, 2011
Trapped In Credit Card Debt
Using a credit card to small and big purchase is one of the most expensive ways to borrow money. Many first time professionals instead of clearing debt they build on it using credit cards. Make sure you pay your credit bills on time. Simply calculating how much you spend each month on your debts will illustrate that eliminating debt is the fastest way to free up money. Once the money is freed from debt payment, it can easily be re-purposed to savings. The sooner you pay off debt, the less interest you'll pay.

