Suze Orman has simple yet powerful advice for anyone struggling with credit card debt: Don’t look at the balance. Instead, the bestselling author and podcast host suggests focusing on making incremental increases to your monthly payments.
“Can you find $20 or $30 or $50 more to put toward your monthly credit card payment?” Orman wrote in a recent LinkedIn post. “My challenge is for you to pay more this month than you did last month. Then do it again next month. And again.”
Orman says building the habit of increasing payments over time can create momentum, which may be especially helpful for those feeling overwhelmed by debt.
That’s why she advises against dwelling on the total amount you owe. Instead, “focus on the…
