Comments on: Steps to Reduce Credit Card Spending

By: Steve "The Debt Settlement Man" B

Steve "The Debt Settlement Man" B — Fri, 24 Aug 2007 18:12:08 +0000

These are very sound financial tips hopefully more people will take them into consideration

By: Lacey

Lacey — Wed, 02 May 2007 00:33:04 +0000

I have started using my debit card instead of my credit card a year ago and it is the best thing I have ever done. Saving up for a wedding

By: Caro

Caro — Mon, 30 Apr 2007 13:30:34 +0000

First, decide on a monthly budget for spending on your credit card. I tend to divide this into necessary and luxury items.

Take a blank check register and enter in your monthly budget for the month at the top (use two sections if using more than one budget) as your beginning balance.

Enter each credit card payment into your check register and subtract from your balance.

Using Quicken or MS Money to track your credit card payments, even daily, doesn’t have the impact that seeing your “balance” dwindle to zero does. And when you are out and about buying things, you can look at your balance before you buy.

By: Carnival Of Debt Reduction #85: The American Way Of Debt Edition

Carnival Of Debt Reduction #85: The American Way Of Debt Edition — Mon, 30 Apr 2007 09:24:10 +0000

[...] Steps to Reduce Credit Card Spending by Mr Credit Card @ Ask Mr Credit Card’s Blog. I recently got to know two friends who used to have problems with their credit card debt and this was what they suggest you do if you have problems with your spending habits [...]