Credit Card Debt

Well I have no credit card debt and I can share my method. I learned the hard way, at least we were young enough to bounce back. We have zero credit cards now. If we don't have the cash, it doesn't get bought. Plain and simple. We have a car payment and we will soon purchase a home and have a mortgage. But other than that, no other "credit"

I don't have any credit card debt now because I learned my lesson on this one the hard way. The best advise I can give is just keep trying to pay on each of them and then when you are done only keep one in case of emergencies. It is so easy to bury yourself in debt with credit cards.

my credit card debt is something like a little over two thousand dollars..I don't think it will take me long to pay that off at all..all I have to do is start paying it off..lol..if the bills I already have weren't so crazy, I could take care of my total debt (which isn't even 3 thousand)

When I seperated from my ex wife,I received as the going-away gift all the credit cars that were maxed out.That was in Dec/89.When I returned to the workforce,I did 2 full-time jobs and put all my spare money into paying these bills off.It took a few years to do it,but when it was done I dropped back to only 1 full time job and started to put a little bit aside every month.I became ill and have not been able to work full time since,but I plan my budget and do not purchase anything unless I can pay cash for it.I do live check to check like many others,but I continued to put even a tiny amount aside.I did have some major pirchases to make(vehicle,repairs etc) but again would pay them off as fast as possible.

i don't have any but my tip to you is to always pay on time to avoid late pay, pay more than the minimum amt. if you know suze orman show try watching here at cnbc every saturday 9pm, she has a very good program dealing with money and other things, you can also call and ask question or email here for your questions. you can visit here site at www.suzeorman.com

As of now I have a combined credit card debt of P6,000++; this is roughly 129 US dollars. I can't compare if this is okay. But when compared to one of my officemates, my credit card debt pales in comparison. I really keep a tight rein on my credit card use. I am afraid of swiping more than I can pay for in a month. So what I do is that when I use my credit card, I make sure that the following month I pay it in full and if not possible at least I would pay 80% of it. I have never maxed out my credit card, I don't like being indebted to the bank. In fact, I hate it when I have been billed for finance charges.

My credit card debit is in the 3000 range so I need to work hard to get that paid off so I have less bills to worry about. Once I get those paid off then I just have my mortgage, auto loan and home equity line of credit to deal with. Hopefully I can get my credit cards paid off within the next year. We should all make more than the minimum payment each month to get them paid off quicker and to avoid the high interest.

I have no debts in hand but i do think that saving money can keep you away from debts yea

In USD I must have had $12K on credit cards last year - My wife wanted to be a full-time Mom, so I made the decision to drop the credit cards and work to get it all paid off. I moved the debt to another card with a 0% interest for a year - every windfall that came my way went to pay the card off and the debt was halved in a year. I have just applied for a second 0% card so that I can keep paying the debt off for another year without ever paying any more interest. If I get any unexpected bonuses, they will go to pay off what I owe and with the 0% deal, every penny I pay back goes to pay the debt off... I have credit cards ,but now I NEVER use them for purchases EVER - that's the only way to beat the problem. If I don't have the money I don't buy... just like in the good old days before Credit Cards. The really good news is that when it is paid, ALL my money will be available for me to spend or save and nothing will be going to pay off this expensive debt. Unless I get really lucky, I think it may take two more years to pay off, this means two more years without holidays, but after that let the good times roll.....

Credit cards scare me so my fear has kept us out of credit card debt. The only advice I could give someone about staying out of credit card debt is don't buy something unless you know you can pay it off in one payment or if you can pay for it in cash. Other than that, we have from time to time, taken out another credit card that offers zero interest on transfer balances with up to twelve months to pay off. We've done that for a few high-priced items.

I'm so lucky to not having a credit card except my husband.I know i will end up with debt if i have my credit card with me.I use my debit card for paying bill and shopping,so each time i have to keep track of my account make sure i won't over spend the my money.:)

I am one of those people with no credit card debt. The best way to keep yourself out of credit card debt is not to consider it an unlimited source of funds. Everyone knows about how much money they need each month for their standard bills, and how much will be left over from their paychecks. If you give yourself a mental spending limit of no more than your "left over" money, you will be able to pay off your credit card bill each month, and not end up with a huge credit card debt.

I don't have credit cards, when I was younger and a student tehy were throwing them at me left right and centre and I did have a few, I maxed them and got myself into debt, I now have paid this off but now if I want somethig for my daughter and I I save for it instead at least then I know where I stand with all my money and it is all in one place.

I don't even have a credit card and I get along fine. Having to use cash limits my spending. But if you have a credit card then i think you can put a ceiling to your max. spending. Ask your credit card company for this facility, because if we can't control ourselves then let the company control it.

We're actually doing pretty good I think. We have a little over two thousand in credit card debt. As I mentioned before we usually pay it off with our Christmas bonus and or our tax return but last year was a tough year for us. My sister got married and I helped a lot with the bridal shower, gifts for both the wedding and shower, not to mention our attire for the wedding too. Oh and I took the photos at the reception. She also graduated college two months before she got married. Then my hubby and I also went on our first vacation since we've been together - which was a blast. And I also started taking a photography course which I paid for upfront to save money. So we accumulated a little more last year than we normally do. But as I had said before in another discussion we also get a new credit card each year with no interest for a year - so we don't have any interest we're paying on on the card. I figure by the time Christmas & the Christmas bonus roles around we should be able to pay it off then. And hopefully we won't accumulate that much next year LOL.

I had a credit card debt while attending college, but have paid it off. Here is how I did it. First I transferred my highest interest credit debt to my lowest credit card and closed the high interest credit card. I was lucky as the lower interest card offered me a chance to make the transfer with no fee and no interest for 6 months. I called the credit card company to work out this deal, as I wanted to get out of debt and had a big college loan to pay. I pay off the credit card in 6 months, but it took me 12 years to pay off my college loan. Its important when paying off debt to not add more charges to your credit card. I pay my card off each month. My suggestion charge only what you can afford to pay each month. I realize this is easier said than done, but all of us can become debit free.

I'm one of the lucky ones that doesn't have credit card debt. I owe most of that to the fact that my parents paid for my college tuition and gave me my first car (the old family wagon) so that I would not start out life on my own already in debt. Even though I was not making much my first few years out of college, not having loans to pay off allowed me to actually save a little money from each paycheck. I was also very frugle with my money beause I worked in the arts, so my income wasn't very steady. I've had credit cards since college, but I've always followed my dad's advice to never charge anything on them that I couldn't pay off at the end of the month, unless it was an emergency. Carrying a balance can drain your finances with those interest charges. Now, I still use my credit cards a lot, I use them for most of my everyday purchases, but then pay them off at the end of the month. I do that to earn the reward points on the card, and because I don't carry cash much. I don't like to use my check card becasue I'm afraid I will over draw my account. With the CC, I can check my bank balance right before I pay the bill to make sure it will be covered, and transfer money from my savings account if I need more.

I don't have any credit card debit. I don't have credit card debit because I chose not to have credit cards. After seeing how much trouble having credit cards was causing family and friends I decided that credit cards weren't for me. If I don't have the cash in my pocket or the money in my bank account I don't purchase the item I am looking at until I do have cash flow to pay for it. The only debit I have right now is my house because it didn't mak sense to pay more for rent then I would pay for a house.

i think toomuch credit card debt willmake u feel upset

Too much! While I still think we have too much credit card debt, I have to say we have done a really good job over the years in paying it down. We only have about 1/4 of the debt we had 5 years ago. It took a lot of hard work, scrimping and getting by to get it paid off. But it is worth it all, there is so much less stress when you are throwing money away like you do with credit card debt.