Nicole Lapin

Don't wait around for a political promise to maybe turn into action.

Because while you're waiting, that interest is compounding every single day.

I have personally been there.

I've had credit card debt with sky-high interest rates.

And when I finally got out of it, it changed my life completely.

and my mission.

It is why I do this show because compound interest is no joke.

It can work against you in the case of debt and it can work in your favor in the case of investing.

I would much rather see you on the wealth building side of the compound interest equation.

So if you're in high interest debt today, let's make a plan.

First,

Start with your APR.

Know exactly what you're paying.

You can't fix what you can't see.

So step one is simple, but it's really powerful.

Pull up your most recent credit card statements and check the APR annual percentage rate on each card.

You'll often find it in the fine print on page two or three of your statement.

The average credit card APR right now is over 21%.

but yours could be higher or lower.

Remember, depending on your credit score, what matters most is the order.