5 Effective Ways To Avoid Credit Card Debt

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1. Have savings for emergencies

During emergency cases like car repair or medical expenses, you would need some extra cash to help you avoid credit card debt.

2. Avoid unnecessary spending

Purchasing stuff you can’t afford to pay for means you are putting yourself in a serious trouble.

3. Avoid balance transfers

Doing balance transfer would be troublesome due to the balance transfer fee unless you were to take advantage of the other credit card’s lower interest rate.

4. Pay on time

Pay your credit card bill on time. If you need the money during unwanted circumstances, pay off your credit card balance on time very month.

5. Be the sole owner of your credit card

Don’t let someone else use your credit card even your own family members unless you really trust them. You’ll face the consequences as much as a credit card company who didn’t give that person a credit card in the first place.

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