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Transcripts For WCAU NBC10 Issue 20171231

Joining me is jamie hopkins. Hopkins is an associate professor at the American College of Financial Services in bryn mawr, pennsylvania. He teaches estate and retirement planning. Jamie, thanks for being here with us. Jamie hopkins erin, thanks for having me on. Erin all right, lets jump right in. Weve got a couple of tips, and your First Financial rescue tip has to do with holiday gift cash. Lets say you were lucky enough to get 100 from grandma this year. What do you do with that money . Jamie yeah, the first thing i tell people to do, especially around the holidays, is pay off that credit card, right, that you probably spent some money on it, right, buying other people some holiday gifts. So, if you get 100 back, make sure you put that towards things that have the highest interest kind of tied to them, which is almost always your Credit Card Debt. Erin a lot of people may have overspent this holiday season. And when you see that number, its a big number. Is 100 really going to make

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