Elizabeth Renter spends her time hunting for consumer takeaways in datasets and crunching numbers for all things personal finance. Her work has been cited by The New York Times, The Washington Post, the "Today" show, CNBC and elsewhere. When not playing with words and numbers, she enjoys traveling, powerlifting and restoring her Victorian home.
When you carry a balance from month-to-month, you’re punishing yourself unnecessarily with interest, and interest rates are rising. Consider opening a balance transfer credit card to get the balance paid off during an initial interest-free period.