Carrying credit card debt is tough on finances. 103 million Americans carry credit card debt at some point during the year. Opening a balance-transfer card can help manage debt. Moving your balance to a card with a low or zero APR can save money. Research the best time to sign up for a new card.

Paying down debt on one credit card is difficult. Opening a balance-transfer card can help consolidate debt into one monthly payment. This makes it easier to manage and lowers the risk of late fees. Make sure to pay off the debt before the end of the introductory APR period to avoid excessive interest fees.

Read more at Yahoo Finance: 3 Ways Balance Transfers Help You Manage Debt and Save Money