Before Declaring Financial SOS, Cut Up Your Credit Cards
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credit: batega
American families have discovered an almost iron-clad method for debt control and financial well-being: cutting up their credit cards.
Begin by closing all of your credit card accounts. If there are one of two that give you great discounts, keep them, but make a promise to yourself that you will always pay the bill of in full. Then, draw up a budget, and take into account paying off debts, saving for future events, and treating yourself to the occasional vacation or expensive treat. Pay for everything in cash - either with money itself, checks, or your debit card. (more…)
If you're new here, you may want to subscribe to my RSS feed. Want more frequent updates follow me on Twitter. Thanks for visiting!

credit: batega
American families have discovered an almost iron-clad method for debt control and financial well-being: cutting up their credit cards.
Begin by closing all of your credit card accounts. If there are one of two that give you great discounts, keep them, but make a promise to yourself that you will always pay the bill of in full. Then, draw up a budget, and take into account paying off debts, saving for future events, and treating yourself to the occasional vacation or expensive treat. Pay for everything in cash - either with money itself, checks, or your debit card. (more…)


