The average American household owes more than $7,000 in credit card debt. How about picking one credit card to make a commitment to working down the debt on this year?
I know so many people who live paycheck to paycheck and have multiple credit cards that are at their max. Every dollar that is paid off is then used again to pay bills, buy groceries and/or purchase much wanted items. In some cases these cards have high interest and or large monthly payments making it almost impossible to pay them off.
Using a credit card can be so easy, especially in this new world we live in of plastic. In years past, if you did not have the cash in your pocket then you didn’t get it. This easy way of paying without actually having the money is keeping some families bound to debt.
Choose one card and decide that you will not use it, but pay it off instead. As you see the credit amount grow and the debt decrease you may be tempted to use the card, but instead celebrate the financial freedom this is bringing to you. Take a baby step today. YOU CAN DO IT!