Even if you have the best intentions, you may find it difficult to stop using your credit cards. For one reason or another, you continually pull out a card and overspend.
If this is a problem for you, don't expect to get away with it forever. At some point, your credit-card spending will catch up with you. When that happens, you'll be in a bad financial spot that requires immediate attention.
Here are five ways to stop using your credit cards:
- Review your budget. Upon doing so, you should be able to pinpoint where you're spending your money. From there, you can adjust your spending to save.
- Get serious. You've been telling yourself for years that you'll no longer abuse your credit cards, however, you continue to do so. You need to get serious.
- Stick to your new budget. It's one thing to review your budget, but another thing entirely to stick to it no matter what happens.
- Leave your credit card at home. If you don't have your credit card with you at the store, you can't use it when you reach the checkout register.
- Save cash. Once you start to make purchases with cash instead of credit cards, you'll begin reaping the benefits.
With these five tips guiding you, it's much easier to stop yourself from overusing your credit cards.
If you find yourself in so much credit card debt that there is no way out, don't wait to learn more about filing for personal bankruptcy. You may be able to use Chapter 7 or Chapter 13 as a way of solving many of your financial problems.