Originally, I started my blog because of the 2008 Financial Crisis and I had credit card debt. Looking back, I didn’t even have high debt – income to debt ratio but I was so uninformed as to how I was spending my money and why I was living paycheck to paycheck. I researched how to save money and that is how I got into couponing and deals.
One of the easiest ways to save money is to pay off your credit cards.
- If you used your credit cards to fund your Christmas shopping, you should be putting any and all discretionary funds towards paying off your credit cards.
- Set a reasonable but aggressive goal for when you will have your credit cards paid off.
- Pay off the credit card with the lowest balance first and then put the money towards the next lowest balance credit card. Of course, paying the minimum on your other credit cards.
Pay off your credit cards, save money and have peace of mind for the New Year!