Forget New Year’s Resolutions about Debt, Try This…
We all know what happens to resolutions — research shows they die well before the end of January.
When it comes to cleaning up the credit card mess from holiday spending sprees, we need to make sure we set concrete goals to eliminate debt. Try these three easy tips:
Put away the plastic
It’s time for a credit card moratorium. Stick to cash and debit until you have paid down your holiday debt.
You had your fun, now you can justify a little down-time. After weeks of parties and fun, enjoy the quiet of January and try out the board games you got from Santa.
Real dollars, real date.
Set a specific debt-payment goal, like paying half of your Christmas bills by February. You’ll never hit the bulls-eye if you can’t see your target.
If your debt is too much to handle, speak with a trained credit counsellor at 1-888-264-5693.