Manage The Debt
I may be a shopaholic but all the while I seldom owe a lot of credit card debts. I try my best to make full payments every month and hubby used to tease me that the banks can’t make money from my interest. I don’t feel easy spending more than I can afford, that’s why I use my credit cards as if they are invincible cash.
If you have a lot of credit card debt, it’s best to reduce your spending and try to repay all of it. You can also think about applying for Balance Transfer Cards if the banks are offering you with better rates. Paying 18% per annual as interest is quite a lot of money, so why don’t you manage the debt wisely?
