http://www.thestarpress.com/article/20130415/NEWS01/304150014/Getting-out-credit-card-debt-possible-without-miracle?nclick_check=1
Four years ago, journalist had 17,000 dollars in credit card debt.
“We’re seeing more and more of that. (Credit card debt) is a toxic debt and we try to get people to pay it off as soon as possible,” said a financial adviser with Edward Jones in Yorktown. “We’re also seeing people who are using the cards to meet their need from week to week and month to month and then it spirals.”
I’d use the cards to pay for groceries, gas, electric bills, anything that I thought was only a few dollars that wouldn’t add up, but of course they did.
Getting out of credit card debt isn't easy for anyone. With a 17-percent annual interest rate on one of my cards, it was almost impossible.
But with a budget that was not fun to follow, I cut food, travel and spending costs immediately by cooking at home, riding my bike more often and passing on Indianapolis and Chicago as my entertainment spots.
Friday morning, the fours years of hard work was finally complete when my last credit card payment hit my account.
This is all called living within my means.
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