Broker Check
Bill Riddick
Bill Riddick
Riddick & Co Entrepreneurial Finance Financial Advisor
https://riddickfinance.com 772-617-5757

William (Bill) Riddick has a series 66 (investment adviser representative) and offers investment advisory services through Riddick & Co Entrepreneurial Finance, LLC. He is also a licensed insurance producer in the state of Florida for life, health and annuities.

  • Financial Planning, Goal Analysis & Generational Planning
  • Institutional Investment Management Strategies for Individuals & Businesses Owners.
  • Business Retirement Plans (401Ks w/ Roth, Profit Sharing, Defined Benefit, Simple IRA, SEP IRA, etc.).
  • Term & Permanent Life Insurance, Disability Insurance, Long Term Care


  • Fixed & Indexed Annuities including living benefit riders


  • Fiduciary Standard of Care
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Credit Card Payoff

High-interest credit card debt can quietly stall your long-term wealth building. By understanding how your payment strategy affects your total interest cost, you can regain control of your cash flow. Use this tool to see how even small adjustments to your monthly payments can save you thousands in interest.

Your Credit Card Details

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$0$25,000
%
$
$0$1,000
$
$0$1,000

These are example values. Update them to reflect your personal situation.

High-interest credit card debt can quietly stall your long-term wealth building. By understanding how your payment strategy affects your total interest cost, you can regain control of your cash flow. Use this tool to see how even small adjustments to your monthly payments can save you thousands in interest.

Your Payoff Comparison

Seeing the total interest cost of a minimum-payment strategy can be a wake-up call, but it's also an opportunity. Use the "Additional Monthly Payment" field to find a balance that fits your budget while maximizing your savings.

You Could Save

$0

and pay off your debt 0 months faster with an additional $0 monthly payment.

Metric

Minimum Payment Only

With Extra Payment

Time to Pay Off
0 months
0 months
Total Interest Paid
$0
$0
Total Amount Paid
$0
$0

Interest Paid Comparison

These figures are estimates based on the information you provided. Actual results may vary based on additional fees, changes in interest rates, or payment timing. Consult with a financial professional for personalized guidance.

Paying off high-interest credit card debt is often the best "guaranteed" return you can find. However, once that debt is gone, the real win is redirecting that former monthly payment into a wealth-building account. Let's look at your total debt-to-income ratio and create a strategy to turn those interest savings into a lasting emergency fund or investment portfolio.

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