Hal Can Help

You will need to make a list of your monthly expenses and list them by importance. Be sure to include anything that you regularly spend money on - dining out or Starbucks coffee. Figure out what items on the list you can eliminate. Now is the time to give up your luxuries. Every penny counts to help you lower that credit card debt fast.

You can earn extra money to pay for your credit card bills. Go online; there are lots to choose from. Are you a techie? You can work from home as a Technical Support Agent. Don’t have an internet connection, go for a walk in your neighbourhood and look for wanted signs posted. You can try babysitting on weekends if you like kids. Love coffee? Work as a barista at your local coffee shop.

Cease all usage of credit cards. It would be illogical to want to lower you credit card debt but still continue using them. I know not using your credit card is pure torture but now is the time to exercise self-discipline. Stay away from shopping malls unless you really need to buy something. When you do purchase an item, use cash. This would make you think twice or even thrice about parting with your hard earned money.

Use the snowball effect in making your monthly payments. This is the most time and money effective way of lowering your credit card debt.