Im not a spendthrift by nature, but I am spontaneous and not naturally inclined to strict budgets and plans. With such a low income, it didnt take much indulgence for me to spend beyond my means.
Within six months I had more than $2000 in debt and was paying hefty interest charges every month. It was stressful and I could see something needed to change.
So I cut up the cards and reined in my expenses. First I cleared the store cards, which had the lowest balances but the highest rates of interest. Then I set to work on the Visa debt.
Eating baked beans instead of meat can help you save money.
Photo: Domino Postiglione
I walked to work instead of catching the bus, I took my lunch with me, I shopped my wardrobe, I avoided rounds at the pub and …
Read the full article at: https://www.smh.com.au/money/borrowing/how-to-bust-out-of-credit-card-debt-20180223-p4z1j9.html
