Interest

I did the homework last night, which means I've made the necessary preparations for debt counseling on Monday. The figures are sobering. I can see how hard it will be to make any progress without significant sacrifices, and I'm already living very simply.

I hadn't realized how high the interest rate is on my Business Depot account. The balance is relatively small, so I should try to transfer it to Visa, which has less than half the rate. Right now I don't have enough credit available on Visa, but getting it there is achievable. That would entirely consolidate my debt.

Hopefully the counselor will offer some other useful suggestions. Then I will determine the next goal.