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Are you paying a high interest rate?

Writer's picture: Adam C SmithAdam C Smith

Take 5 minutes for your financial health #3 Your interest rates.

Whenever you borrow money, you owe that money back plus an interest rate. The higher the interest rate, the more it will cost you to borrow that money over time.

Take 5 minutes and make a list of all the money you owe and find out what interest rate is on each loan. You can find the interest rate online, last statement, or on the original documents.

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