Credit Card Debt: Attack Your Financial Bed Bugs

My mother-in-law is obsessed with bed bugs. While she's never encountered one, the idea of the critters makes her nuts and so she reports in with the location and magnitude of every outbreak across the country.

Despite my initial repulsion with the topic, it did help me discover an apt analogy: credit card debt is the bed bug infestation of one's financial life. After all, bed bugs and credit card debt are hard to eradicate, keep you up at night and often leave scars. Here's an episode of Editor-At-Large where I try to help spray a little DEET on the problem at hand.

Jill Schlesinger

Jill Schlesinger, CFP® is the Emmy-nominated business analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and chief investment officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.

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