This edition: Credit Cards: Getting Out of Debt
Credit cards are easier to get than ever, even for people with poor credit ratings. The result: credit card debt is keeping millions of Americans from financial security. It’s never been easier for Americans to live beyond their means. Right on the Money helps 28-year-old Greg Rettich in West Hartford, Conn. regain control and get back on a firm financial footing. Experts Bob Heady, author of The Complete Idiot’s Guide to Managing Your Money and Money magazine’s Sarah Rose join the show from New York City to provide their insights.