Low interest credit cards keep the dangers of snowballing debt low, even for those consumers that carry a higher balance. Look - anytime you can avoid carrying a balance, you should. No matter how low an interest rate is, any interest paid still hurts your overall bottom line. That said, sometimes carrying a balance is unavoidable - be it because of emergencies or otherwise - and in those instances, having a low ongoing interest is crucial to your ability to pay down your debt.

Memorial Day weekend is upon us! And while the weather isn't cooperating in some parts of the country, there's no reason to let a little rain (or in some cases snow...yeesh) get you down.

For readers hoping to have some good fun on a budget this holiday weekend, here's three inexpensive ways to have a good time this Memorial Weekend:

1.) Holiday BBQ

There were two articles I read this Monday morning that had me feeling pretty good about ongoing credit card debt in this country. 

First came a report originally published on May 7th by the Associated Press, which explained that American consumers had cut their credit card debt by $1.7 billion in March. The $846 billion we still owe in credit card debt is 17.2 percent less than the all-time peak of $1.022 trillion that was set in the summer of 2008, which as we all know is right about the time when the floor fell out from underneath us.

First and foremost, the answer to this question is an affirmative 'No', but let's get to why we're answering this question in the first place.