Take Zero Balance Offer?

Will taking a zero balance credit card offer help David with his debt snowball?

QUESTION: David and his girlfriend get credit card offers for zero interest credit card transfers. They are working the Baby Steps and are paying debt off. Should they take advantage of these zero percent credit cards, or will that not help them in their debt snowball?

ANSWER: It won’t hurt anything, as long as you don’t change your intensity of getting out of debt. The problem with these things like zero balance transfers and debt consolidation is people do them and don’t change their habits. If you’re intense and focused, this will help you because you’re saving interest. If it causes you to relax, it hurts you.