| Before you go throwing darts
on Wall Street, check to make sure you can't earn a higher
rate of return simply by investing in your own debt! For example,
if you have a credit card balance that's costing you 19% per
year, and you increase your payment, you will get a guaranteed
19% return on your investment. What's more, your earnings
will be tax-free! So use this Calculator to see how much you
could be earning if you increased your payment on any one
of your debts.
Instructions: Enter the current payment terms for any one
of your outstanding debts, then enter an amount you could
comfortably add to the payment. Finally, click on "Compute"
to see what the return on your investment will be.
|