I like to check out the Motley Fool from time to time because they give practical investing advice. Recently, they penned an article about credit card debt, which is unusual for them because they’re normally focused on investing and not debt.
Tell me if you’ve heard this before:
Stop using your cards. Don’t add to your debt. Leave all your credit cards at home (perhaps keep one for emergencies only). Cut them up, if need be. Some clever folks make their cards hard to use by freezing them in glasses of water.
Sorry if I sound like a broken record, but I think this stuff bears repeating.
Stop using plastic. Pay with cash. If I ever get a tattoo, it will probably say “pay with cash”.
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If you are looking to get out of credit card debt, you should subscribe to my newsletter. I paid off over $50,000 in credit card debt in exactly one year. I’m now debt free. In my newsletter, you can learn how to pay off your credit card debt too.
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