The other day I was watched “On the Money” on CNBC with Carmen Ulrich and she had a guest on her show talking about credit card debt. The guest was, Mary Hunt the founder of DebtProofLiving.com.

I wanted to share a quote she uses about credit cards and their Information and Coverage pamphlets that we receive and generally throw away once we get our credit cards. Her quote is: “What Big Print Giveth, Small Print Taketh Away” The moral is; take a few minutes and read that fine print.

An example I had happen to me was; I was traveling in Mexico and used my credit card to make a purchase of a time share (I did not carry checks and that was my only means of payment). I did not know that international purchases are subject to a “Currency Conversion Fee”. It came at a price of $200.00 extra added to that purchase. All I had to do was read the “f i n e p r i n t ” and that would never have happened.

Just thought I would share this little tidbit…….”Knowledge is power”