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Clark Howard: Debt free

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Updated: 4/24/2013 10:56 am
JACKSONVILLE, Fla. -- How much debt do you have? Well get this. We have one of the largest percentages Americans in modern times that carry no debt at all.

You know what it's approaching? One third of Americans carrying any debt.  You green with envy?

Well let me tell you the other side of the coin, according to the Census Bureau, people who are carrying debt, are carrying more than they are historically. 

So we have these two entirely different tracks people are on. People carrying no debt, others too much. 

What would I like you to do? If you are one of the people carrying debt, you can't join the other club like that. 

So take it one step at a time. One area I'd like for you to attack, look at your credit card statement. 

You know there's a box on there that shows you that if you just make minimum payments that you'll be in debt for thirty years or so. 

Above it, what you would need to pay per month to be out of debt on that card in three years. Why don't you resolve to hit that three year target. 

You'll feel a whole lot better. A whole lot freer.

To learn more visit my website.

Watch Clark Howard weekday mornings on Action News This Morning on FOX30 beginning at 7 a.m.

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