List and Budget to Avoid Credit Card Debt

Create a list of all of your credit card debts. Order them from the smallest to the biggest. This will be your plan of attack. You’ll begin by paying off the lowest credit card balance first and then work up from there.

If you have your list, the next thing to do is to make or create your budget. This will direct how you’ll get target your income to diverse categories of spending. You have to include all monthly expenses on your budget, which include any card payments. And then know areas in which you can spend less, and allow the cash to paying off your lowest credit card balance. Avoid spending more than what’s on your budget. This avoids over-spending and thus, keeps you from utilizing credit cards to purchase things you do not have the cash for.

LEAVE A REPLY

Please enter your comment!
Please enter your name here