The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt

URL:  http://boards.fool.com/quotive-decided-to-pull-my-head-out-of-the-sand-22782457.aspx

Subject:  Re: Take Charge America Date:  7/21/2005  7:20 PM
Author:  zenbro Number:  208638 of 308881

"I've decided to pull my head out of the sand (again) as I am ashamed and can't believe I let this happen AGAIN."
--------------------------------------------------------------------------
You've taken the 1st step, which is to recognize that your credit card habit is detrimental to your life. Build on this. Don't use your credit cards anymore. If you don't have the cash, don't buy it. I would cut them up, and attack the debt. Sell whatever you can, and apply the money to your debt. Get a 2nd job if you have to. It is almost impossible to get ahead in life if you are paying 30% on your debt. So it is imperative that you dedicate yourself to getting rid of this debt. Best of luck, and I hope you find the strength to get rid of this debt, and then stay out of cc debt for the rest of your life.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us