Just in case you forgot, my main business concerns credit management. I just love blogging as it makes me relax in the evening. However, one should never forget about managing their money unless they are interested in having a very tough time later in life.
It reminds me of the time I was thinking of redoing my home. For whatever reason, I decided to take shortcuts when remodelling. My mind was telling me that I should save as much money as I could by taking shortcuts. I will not say that I did not think about adding farmhouse sinks to my bathroom. But that’s a story for another day.
The point I am driving at is that even though things are tough for most of us, this bad economy may be the thing that gets out of the misery of credit cards. If you can do it, try as much as you can to get rid of them once and for all.
Take advantage of the fact that no one is expecting you to buy a new car in this economy and instead get rid of all those credit habits that were about to make you a pauper.