Financial Friday: How Much Does Debt Cost You Daily?

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Title : Financial Friday: How Much Does Debt Cost You Daily?
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Financial Friday: How Much Does Debt Cost You Daily?

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How Much Does Debt Cost You Daily?
by Alice Shaffer

As I have been reducing my debts and purchases for 2010 to become more financially healthy, I have subscribed to several other financial blogs. I found one while reading the Budgets are Sexy blog. J. Money posted something on Tuesday about debt motivation. This got me thinking -what kind of motivation do I need to further paying off my debt? Not only does debt cost us interest monthly and yearly...it does affect us daily even if we don't calculate it that way.

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