So many people are completely buried by credit card debt, that you even wonder if they understand what is causing it in the first place. Granted, credit card debt comes at us fast and furious-every day we receive new offers of cards from credit card companies and stores. Do a lot of people out there look upon credit cards as if they won the lottery, or as if they found a treasure they can spend any way they like?
Well, whether they understand it or not, most people have too much credit card debt and need to find ways to eliminate it. First of all, stop creating more credit card debt. Anyone who is too tempted by buying things with plastic should put those cards away (or even cut all of them up except one for emergencies) and start paying cash for any necessary purchases. The interest rate you are paying on credit card debt is already increasing your balance; no need to add to it more. Disciplining yourself to save up for purchases or only to use cash for purchases, or do without will be a good training because once you have eliminated your debt, you will want to keep it that way. This new habit will make you examine your purchases more closely and only buy what is really...