Credit Card Debt Tips

As a stay at home mom, I am the manager of our household. I am expected to be on top of the family’s schedule and the finances. One of the important skills I need to learn is to manage the family’s finances. The dynamics of each family is different but knowing the income and expense of the family is a must to be able to properly appropriate the finances. Our family is operating on single income and limited financial resources. Knowing the exact amount would help me map out where our resources would be allocated.

We are still paying the huge credit card debt we have incured over the years. I am sure that many of you are also undergoing the same problems. I’d like to share with you what we do.

We check on the low interest rates promo of the credit cards to be able to pay off our bills. Best credit repair websites give us some ideas what we can do to further find solution to our credit card debts.

Make sure we pay the minimum amount on time to avoid further charges from the credit company.

If we have some savings, we invest in high yielding interest investments like stocks, time deposit and treasury bonds.

Study your family’s lifestyle and adjust when needed to make sure that you don’t use the credit card unless on emergency situations.

Save whenever possible. Even a single peso can make a difference at the end of the month.

If you have any credit card tips, do share it with me on the comments section too. I’d like to hear what you do to resolve credit card debt.


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