It is tough to sever the credit card ties. You always want to have a card in emergencies because you worry that something may happen that you cannot pay for. The downside is the card is right there and easy to grab. It is like cash in a flash. It is there and you may be tempted. So, what can you do to eliminate your credit card debt and never have to worry about credit cards again?
You can be extreme. You can go to your wallet right now and cut up those cards. It is what you should do. It is far better to eliminate the temptation completely, but if you know your situation is perilous and an emergency could occur at any time consider an alternative. Place all of your credit cards in your safe. If they are not in your wallet but locked up there is less chance you will grab the card for an impromptu and unaffordable purchase. Read more →