Do you ever wish you could blink your eyes and all your debt magically disappeared? I know I sure do! Well today I want to share a secret with you all that has worked for me recently. What if I told you, you could get out of debt faster with one easy trick?
Are you ready to know what that secret is? It’s simple, LOCK UP YOUR CREDIT CARDS!
You are probably thinking, really that is it? Well yes it is, but do you think that is so easy to do? If so, do it right now. Don’t worry I’ll wait…
So are ALL your credit cards locked away where you cannot access them? Be truthful to yourself when you answer this question.
So why exactly did I give you this so simple tip? Well it’s because I know for many of us we rely on the balances on our credit cards to get by. Sometimes it may be that we use our Credit Cards for incentives and rewards such as cash back but then things get out of hand and bam we are in debt.
By Locking Away your credit cards you are saying NO. No to the debt, no to the overspending, no to the excuses to not live on the income you already have. You see, when an item such as your Credit Card is out of sight, it’s also out of your mind. Therefore, no need to use it.
About 4 months ago I finally decided it was time to lock up our credit cards. I took all the ones out of my wallet and locked them in a fire proof (and Brittanie proof) safe. My husband has the keys on his key chain and takes them to work with him everyday. And guess what? I’ve saved hundred possible even thousands of dollars in the last few months because I didn’t find a reason to need our credit cards and I do not miss them one bit!
Once you can get in the habit of not having your credit cards you can pull one out and reward yourself. Just be sure it’s for a reasonable purchase and your using a card you can earn cash back or rewards on. It does help build credit but you need to be able to be comfortable on the income you actually have and not the income you think you have because of a credit limit.
Try this tip and let me know how things go! I am curious to see if this one easy trick helps you out as well!