27
2006
Date: November 27, 2006
Author: Author site
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Credit-Card-Crusher is a simple learning program which illustrates the real cost of carrying high-interest debt. Simply fill in your current credit card debt. Crusher will then analyze your debt and show you the real carrying cost — in terms that are concrete and meaningful.
Specifically, Crusher will show you just how much house, how much car and how much retirement you are forsaking for the privilege of enriching your bank. Fun, simple and pointed, Credit-Card-Crusher is meant as a motivational tool to help young consumers appreciate that carrying high-interest debt represents a significant opportunity cost.
A penny saved is NOT just a penny earned — it’s actually $64.30 in retirement return if invested early and compounded wisely. Credit decisions made early can make the difference between spending one’s golden years clipping grocery coupons or sipping Margaritas on a sun-kissed Caribbean beach.
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| Title: | Credit Card Crusher |
| Requirements: | |
| License: | |
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(4 votes, average: 4.75 out of 5)


