When it comes to Credit Cards, we have little patience. The companies that administer the cards and their accounts will do just about anything to try and get your money. Very few of them will do anything that isn’t in the interest of the company.
BB Rule: Debt Free means Credit Card Free too!
Destroy as many credit cards as you can. If you do use a credit card, keep the receipt and then send a payment for that amount immediately. Our goal is to no longer use any credit cards and only use Debit Cards. Debit cards will only allow you to spend what you have. You’re not taking out a personal loan with each purchase as you are with a credit card and as a result, you are not creating more debt.
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I started this blog to share what I know and what I was learning about personal finance. Along the way, I've discovered the Yakezie group, and many other blogging friends.
Though I sell credit cards I am too in having a debt free person, but this is my work and I make a living in selling cards, but I guess a well management finances will also make a person debt free. Purchase only the things that you need and not want, do the math first before your using your credit cards and debit cards too may be a great help too.
michael @ credit cards recently posted..Deed in Lieu of Foreclosure Definition