How much do you pay for convenience? When you put a purchase on your credit card, you may think that’s the easiest, most convenient way to pay. But think again. The interest that you could end up owing on that credit card could be a lot more than you originally thought!

You end up paying hard-earned money just for the convenience of saying “charge it." That’s why it’s so important to build up savings for purchases and avoid The Cost of Convenience.

Only interest payments demonstrated. Projected payoff presumes no additional debt incurred. Hypothetical illustration only. Each debt situation will vary.