One simple step that get’s you closer out of debt!

Ugh…that dreaded day you receive your credit card statement (or 2 or 3?).  Does it seem like all you’re doing is paying the interest and the balance barely goes down? Do I have a solution the you!

Get out a piece of paper.

  • Write down all your credit card balances and the interest you’re paying.
  • Now pick one that you would like to address. Take any and all amounts you were paying extra on all the others and apply it to this one card. Only pay the minimum on all others until you have paid off the one you chose and then move onto the next card.

Focusing on one debt will get you to the zero balance quicker than if you pay a little bit extra across the board. I know it sounds simple, but it works!

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