How to Stay Out of Credit Card Debt

A lot of people are using credit cards for credit and not just for convenience, and they find themselves living beyond their means. So, here are four simple rules for credit cards; and if you can’t follow all of them, you need to perform some plastic surgery as soon as possible and stop using them.

Oh yeah… that means you have to be living on a budget (spending plan). If you’re not, it’s going to be tough to stay out of credit debt. If you need help with starting a budget, visit our friends at FaithFi (formerly known as MoneyWise). One of their volunteer coaches will contact you online to assist you.

This way, there’s no interest charges, no late payment fees and no debt.

Force yourself to wait a couple of days and pray about the decision. More often than not, if it’s an impulsive decision, the impulse will go away, and you will save money.

So, begin to “snowball” your plastic by making the minimum payments on all the cards, and focus on paying off the one with the smallest balance. If you need help from a debt repayment company, we recommend checking out our friends at ClearPoint. They have worked for decades with consumers helping them pay off their cards.