Focus on Finance: Invest in debt reduction

By MICHAEL BATEMAN

Question: My focus always has been on paying off my bills and building up my savings account. With interest rates being so low, should I consolidate bills or just pay them off one at a time?

Answer: According to the latest news from the financial world, interest rates likely will remain at near record lows for the next two years as the Federal Reserve continues to try to help stimulate the national economy.

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