The quickest way to get yourself back on the right path is to stop spending. Making small changes can help in a big way. Use these suggestions to help cut back so that you can move forward!

1. Don’t carry credit cards in your purse (only debit/ATM)
2. Write cheques or pay cash
3. Turn down credit line increases
4. Create specific funds in accounts for special occasions, such as Christmas presents, holidays, anniversaries, etc.
5. Tell friends what you’re trying to do to rally support
6. Don’t run up bills that you can’t pay in full at the end of the month
7. Pay credit card bills on time to avoid late fees
8. Make no more than one ATM visit a week
9. Don’t be seduced by credit card offers such as frequent flyer points

And always, always, always pay off more on your credit cards than you spend each month!

This entry was posted on Monday, October 6th, 2008 at 9:29 am and is filed under Life Coping Skills. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.