I thought this article would be of interest. You maybe finding yourselves wondering this same question. Pay down or pay off your Credit Card Debt or use the money towards savings by investing it.

Click this link for the full article

End the Vicious Cycle of Credit Card Debt

Bills.com cites 5 ways to achieve personal financial freedom now.

San Mateo, Calif. (PRWEB) July 25, 2007 -- American consumers who are bold enough to take a mid-summer pulse of their personal finances may find more debt than ever before. American families owed a total of $895 billion on credit cards at the end of May (Source: Federal Reserve) -- and Bills.com co-founder and co-CEO Brad Stroh reports that Americans must take steps now to end the vicious cycle of debt.

"Debt has become a growing problem, and many Americans need to find a solution. With uncertainty about the future of housing prices, the high cost of oil, and record hikes in health care and higher education costs, many people are on the precipice of financial disaster. Americans are playing with fire by maintaining an average credit card debt load approaching $10,000 per household (Source: CardData.com)," Stroh said. "At the same time, the stock market is at record levels, but most Americans cannot benefit from this potential prosperity because they are crippled with debt. For those with debt, now is the time to tackle it.

Click this link  End the Vicious Cycle of Credit Card Deblt

My view:

Americans who see debt as a major problem (which should be all of us even those who under this debt society are "well off" ) need to find a solution. At the core of the problem is our "money" or paper which is actually what it is with an unspoken understanding the these NOTES equal debt any way you look at it. There is change in the wind. It is my prayer and hope that the wind sweeps out this sick oppressive system. I am doing my part to educate American and start them on the path of financial freedom by eliminating their Credit Card Debt
[Read More!]