The cost of making minimum payments on credit cards & mortgages

Even though the below video talks about Canadians, it applies to everyone. Minimum payments on debt cost you a lot of money.

Published on Jun 28, 2013

So many Canadians are living in debt. They buy and then just make the minimum payment on their credit cards. So how does your debt get so big? Read more at http://www.financialpost.com/personal…

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