Serious Information About Debit Cards
You definitely have several causes for reducing the standard credit card loan. If you are planning to buy a new house and you want it to be purchase from the loan of the bank or any other institute who provide loans to you, we know very well that the loan is only possible when you do not have any indebtedness of credit card, and reducing the credit card or keeping of the payment of the card will give you good amount of loan on a home mortgage. Even if you have your own house and do not want a loan against your credit card from the market to buy a house or for anything but still you don't want to be indebtedness of loan for the future reason or any other reason than want to decrease your credit card bill so you need to have additional disposable income.
The other good way of decreasing your credit card bill is by reducing your other monthly expenses and saving it to pay off your bills of credit card.
A spending diary should always be maintain
Lot of people they do not know that how much their spend on their expenses in the daily basis or on the monthly basis, so it is important to maintain the day to day expenses, to check out that how much money they spent in a day and then calculated the monthly expenses in this way you will come to know that which are the expenses that you are doing unnecessary and instead of doing it you can save it to pay your credit card payments.
The first thing you need to do is to find out that in which ways you are spending your money. For one week you keep record of everything you buy with checks, cash, debit card and the credit cards. You can keep this record any where like you can carry a small note pad all the time and when you spend just write it down or if you feel or you always carry your laptop you can maintain your expenses they, or in any other way it does not matter only your purpose should be maintain.
Do not wait till the end of the day to write your expenses, research has shown that when you try to write your expenses you will forget it or undervalue it. This might seem as a tension of writing all the time but this is not as much as your credit cards bill.
If you don't carry your note book you can also write or maintain it in the cell phones which is always with you. After you have written all your expenses, then go though it and tell your self that all the expenses you have done is worth while or it has been done unnecessarily and try to reduce whose expenses the next week and you will find that at the end of the month you have save money and make sure that you use that money in paying your credit card bill.
The other good way of decreasing your credit card bill is by reducing your other monthly expenses and saving it to pay off your bills of credit card.
A spending diary should always be maintain
Lot of people they do not know that how much their spend on their expenses in the daily basis or on the monthly basis, so it is important to maintain the day to day expenses, to check out that how much money they spent in a day and then calculated the monthly expenses in this way you will come to know that which are the expenses that you are doing unnecessary and instead of doing it you can save it to pay your credit card payments.
The first thing you need to do is to find out that in which ways you are spending your money. For one week you keep record of everything you buy with checks, cash, debit card and the credit cards. You can keep this record any where like you can carry a small note pad all the time and when you spend just write it down or if you feel or you always carry your laptop you can maintain your expenses they, or in any other way it does not matter only your purpose should be maintain.
Do not wait till the end of the day to write your expenses, research has shown that when you try to write your expenses you will forget it or undervalue it. This might seem as a tension of writing all the time but this is not as much as your credit cards bill.
If you don't carry your note book you can also write or maintain it in the cell phones which is always with you. After you have written all your expenses, then go though it and tell your self that all the expenses you have done is worth while or it has been done unnecessarily and try to reduce whose expenses the next week and you will find that at the end of the month you have save money and make sure that you use that money in paying your credit card bill.
About the Author:
Dillon Azungen writes at large for http://www.debtania.com , an online site about eliminating high interest credit card debt . One might find out more about his publications on eliminating high interest credit card debt and how to eliminate credit card debt here.
posted by Credit Counseling at
8:03 AM
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