Yeahoo.. my credit card debt has gone down to $56,836 from $63,806.
It seems that what we have been doing has worked wonder ! Share with you what my hubby and I did to cut down our credit card debt.
Firstly, we cut off our credit cards. This is to avoid adding new debt to our existing balance.
Secondly, cut down our expenses on meals at restaurants, shopping sprees and luxury items.
Thirdly, do budgeting. I am kind of a lazy bone when it comes to recording daily expenses and doing spreadsheet, therefore I resort to budgeting software that saves me time and hassle. Time saved can actually be used to make more money to pay off my debt.
[...] I would rather spend my time building more niche blogs and stores to make more money to pay off my credit card debt or work on my budgeting software. [...]
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