It feels good, doesn’t it? The power credit cards give you! The ability to buy what you want (but not need probably) and pay for it later is certainly attractive. All you need to do is flash your card, get it swiped, and those Manolo Blahniks are yours; or maybe it’s the latest Tablet on the shelves. It’s only later when the big fat bills arrive, with the steep interests added on, that you realize your colossal mistake. Credit cards are the biggest debt traps of today’s world, especially for young adults. But it’s not the end of the road. You can survive the nightmare. Let’s see how:
Make small savings by living frugally: Eat out less; take a packed lunch to work. Bike or ride a bus to work, or perhaps you could carpool. Take care of your energy bills by switching off all electrical appliances and switches etc whenever you don’t need them. There are many similar ways in which you can save small amounts of money. You can use the extra money to pay off your debt.
This guest post is brought to you by buytimewarnercable.com, a site that offers savings and current information on time warner cable. Go to this link to learn more about savings on internet bills and timewarnercable.com services.
I'm Louida from Atlanta, Georgia and I'm a mother of two daughters, blogger, and full time working mom at a Business Consulting Firm.
I love helping others learn how to start working from home on the internet free to supplement their current income.
I also blog at Productreviewmom.com
Subscribe to newsletter
Grab my Badge