Say No To Credit Card Debt
Looking for help with credit card debt and want to improve your personal finances? OlyLife suggests that you can improve your life by saying No to credit card debt. If you already have existing credit card debt, you can still improve your situation by following these three simple steps:
Three Simple Steps To Reduce Credit Card Debt
1. Stop Adding To The Debt.
Not one more penny on the credit card – period. Cut your expenses and “but-I-want-it” excuses until the debt is paid off.
2. Pay Any Extra Money To The Credit Card Debt.
You signed up for the debt and you should get rid of it as responsibly and as quickly as possible. Direct all available funds towards your highest interest credit card. No Whining Allowed.
3. Say No To New Credit Card Offers.
Don’t sign up for more cards because your available credit on the cards you have is almost used up. Say no to the pushy sales clerks who try to get you to open a retail credit card. Pay off all credit cards, then keep one for emergencies or for use as security for rental car or hotels, etc.
Saying No To Credit Cards Has Greater Rewards
Don’t believe the hype of free miles that aren’t free. As soon as you cannot pay the credit card balance in full every month, the interest charges may be flowing and you are paying for those “free miles.” When you say no to credit cards, you can have the reward of living credit card debt free and that is a beautiful thing! So go on, clean up that credit card debt, scrounge, sacrifice, work the extra job or hours, go without some stuff and you will be making the most of your one and only life – That’s OlyLife!
Here are some resources that may help you achieve your financial dreams as you work to improve your one and OlyLife!