Comments on: Don’t Let Credit Card Debt Weigh You Down

By: SCE

SCE — Mon, 22 Dec 2008 10:17:10 +0000

i made a budget limit that i can use in my credit card. and i stick to it. So,it won't make me being trapped in credit card debtSomeCreditForEducation’s last blog post..Mortgage Rates That Suits You Best

By: IP

IP — Wed, 03 Dec 2008 18:05:58 +0000

Great post. Credit card is the quickest way to eat up your monthly income. Even if you're making $20,000 a month, if 70% is going to credit card debt, you might find yourself feeling poor instead of rich.InvestmentPlayground’s last blog post..Portfolio Changes to Make Now (if any)

By: john cummuta

john cummuta — Wed, 03 Dec 2008 17:31:23 +0000

Probably the best advice for those who are trying to pay off their credit card debt is to stop using credit cards all together. However, do not close the account because that might negatively affect your credit score. Simply cut the cards and leave only one for emergencies. This had helped me in my journey to pay off credit card debt because it has stopped me from incurring in additional debt.

By: Dustin Wunderlich

Dustin Wunderlich — Tue, 09 Sep 2008 15:35:44 +0000

I had that same feeling when I paid off some credit card debt right out of college. I was late on one payment to my chase card and my rate went up from a 0% to 17%. I was looking at my payments and wondering why I’d make a $100 payment and only half of it was going to the principle. It was a struggle to pay it off and I had to tighten up my spending habits. But it felt good not to be throwing good money at bad anymore. People need to always take a detailed look at their statements each month to make sure they aren’t paying each month towards nothing. Good article and image as well.

By: ffb

ffb — Mon, 02 Jun 2008 15:44:11 +0000

@ Fabulously Broke – Looking forward to it. Make sure to let me know!

By: Fabulously Broke

Fabulously Broke — Sat, 31 May 2008 15:17:36 +0000

What a great list of tips.

I’m linking to this in my next round of link love

By: Carnival of Debt Reduction » Blog Archive » Prime Time Money has posted Carnival #140

Tue, 20 May 2008 05:16:03 +0000

[...] Free From Broke doesn’t think credit card debt should weigh you down. [...]

By: ffb

ffb — Mon, 19 May 2008 19:36:26 +0000

@ Emily – Glad to hear you were able to get rid of your debt! When I finished paying off mine I was able to look at my bank account and see that the money there actually belonged to me and not to the CC companies.

By: Emily @ Taking Charge

Emily @ Taking Charge — Mon, 19 May 2008 19:31:11 +0000

It really does set you free when you get rid of that debt. When I paid my credit card debt off after college, I was so incredibly relieved. My boyfriend, who is still in school, is heavily burdened by his credit card debt, and I can tell it literally just weighs him down. I can’t wait until he is able to pay it off — it’s just one more thing to worry about.

By: ffb

ffb — Mon, 19 May 2008 19:15:41 +0000

@ Ricardo – I felt the same way. I would make just the minimum and go about my business but in the back of my head I knew it was bad. Once I started paying more I felt I had some control and started feeling better about it. I had a long way to go but it was a positive step in the right direction!