Get out of
debt: Smart credit card plan
You don't
have to literally cut up your
credit cards, but you must stop
using them routinely if you're
serious about paying off your
balances also its a good idea to
payoff all you cash loans like
paycheck advance and payroll
loans.
Go green. For everyday
spending, carry around a set
amount of cash to use each week.
You will find that you make
better purchasing decisions when
you actually have to fork over
the green stuff and there's a
preset limit on what you can
spend -- when you run out of
money, you stop. Payday loans
are a great help, but try to
limit their use.
Make debit your backup.
When only plastic will do (if
you're buying online, for
instance), use your debit card.
The debit card can also serve as
an emergency substitute for cash
if you run out.
Leave your cards at home.
Enforce the cooling off period on
new credit purchases by taking
the cards out of your wallet.
Store them in a place that's not
easily accessible (in a
safe-deposit box, maybe, or
frozen in a block of ice).
Don't close the accounts.
Having unused credit available
from lenders with whom you've
had long relationships will help
boost your credit score. Always
keep your online cash advance
and payday loans up to date.
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