average American has eight credit cards. You think to yourself how did I get into this mess. Well you did and you don't know how. With a few easy steps you can be out of credit card debt and stay out.
First important most important step is to stop now putting things on any cards. If its for a recurring thing such as gym membership, game membership every month. Stop it or try to pay it just with your checking account. The basic thing is to stop putting anymore onto your cards.
The second step is you need see where your money is mostly going. So gather up all your receipts and look. Is it going towards eating out or buying clothes. If it is find alternative routes such as packing your lunch or not buying clothes.
The third step is to look at all your cards and see the all the balances and to write them down. Now set a date usually seven to eight months from now. Which is a realistic goal.
Now take all your balance and divide them by seven or eight months or you can divide them weekly such as sixteen. Now your payments will be much more easier to pay per week or month and you won't feel overwhelmed of how much debt.
0 comments:
Post a Comment