What is Microbial Induced Corrosion? How Do Cellphone Towers Work? Why Your Fan Club Needs Personalized Ball Caps 7 Benefits of Physical Therapy After an Injury Your Guide to the Pharmaceutical Sales Industry What You Need to Know Before Moving to Indianapolis 6 Ways to Lower Your Cell Phone Bill 5 Ways to Pick Your Private Airline Service The Pros and Cons of Synthetic Oil 7 Tips for Maintaining a Healthy Bladder 5 Must-Have Heels Every Woman Needs in Her Closet 4 Powerful Tips for Overcoming Alcohol Addiction 5 Benefits to Working Out With a Friend How to Pick The Right Engine Oil 5 Things You Need To Know About Custom Coins 3 New Tactics to Improve Donor Retention Why 3D Glasses May Not Work for You The Most Common Room Fragrance Smells 6 Tips For Knowing Whether to Repair or Rebuild Electronics 5 Common Sublimation Issues Catfish Fishing Tips and Techniques 4 Fun And Crazy Lingerie Party Themes 7 Tips To Saving Money When You Shop Online Top 5 Places in Texas to Purchase Land The Future of Mobile Gas Fueling 6 Decorating Ideas for a Family Holiday Party 9 Problems to Avoid with Regular Pest Control Service 7 Important Things to Know Before Obtaining Your CDL License Preparing Trees For a Storm The Benefits of a Prepaid Phone Plan 8 Unique Photography Poses to Try for Brides and Grooms 6 Tips to Improve Company Culture A Guide to Understanding How Boat Insurance Works Tips For Reading The Housing Market Right Now 6 Great Ways to Show Off Your Fur Baby Everything You Need to Know About Hormone Replacement Therapy 6 Ways To Make Your Party Memorable 4 Signs it is Time To Replace Your Home Air Ducts 6 Reasons to Hire a Certified CPA 6 Tips for Opening a Restaurant Franchise How to Set Up Your Business Office from Scratch 6 Facts Everyone Should Know About Parking and ADA Compliance Three Reasons To Have An Outdoor Patio For Your Business What to Wear and Not Wear at the Gym 6 Tips For Purchasing An Anniversary Ring 6 Points To Note When Finding an Occupational Therapist For Your Child 5 Reasons You Should Take Surfing Lessons 6 Surprising Asphalt Facts You Didn’t Know How To Teach Your Children About the DNA Process of Replication A List of Adoption Terms Everyone Should Know 5 Major Misconceptions About Keeping Medical Records 5 Steps For Selecting The Best Mower For You 5 Ways To Welcome A New Employee 5 Tips For Helping Your Children Deal With A Move 7 Reasons to Hire a Personal Injury Attorney after Your Accident 6 Common Myths of Incontinence 6 Easy Tips To Get A Six-Pack 6 Amazing Ideas for Picking Your Bridesmaids Dresses How to Integrate Email and Direct Mail Marketing Campaigns Cigars: A History Preworkout Debate: Stimulant vs. Stimulant Free What Microbes are in Your Water? 6 Tips for Drawing Smallmouth Bass Out of Their Deep Summer Haunts Gun Range Basics: Everything You Need to Know Top Luxury Travel Destinations This Summer 4 Advantages of Bacteriostatic Water Everything You Need to Know About Making a Vinyl Sign 5 Outside Fitness Activities to Try this Summer 4 Important Facts to Know About Brain Injury Legal Outcomes 6 Ways to Stay Organized for Next Year’s Taxes How-to Decorate Your House Using Antique Furniture 6 Benefits to Steel Building Systems Construction 5 Ways to Live a Fit Lifestyle if You Hate Working Out 5 Signs It is Time to Talk To Your Parents About Assisted Living 5 Unique Ways Men Can Prevent Urinary Incontinence 4 Ways to Honor Veterans You Know Importance of Taking Control of Your Finances and Having No Debt 4 Tips For Getting Your Child To Sleep In Their Bed 3 Surprising Benefits of Dentures 5 Quick Ways to Save Money When Buying Toiletry Items 3 Vintage Clothing Styles to Rock This Winter 5 Reasons You Should Practice Laboratory Safety 5 Tips for Child Proofing Your Electrical Outlets and Appliances 7 Creative Uses for 5 Gallon Buckets 4 Things You Didn’t Know About Chiropractors 5 Reward Credit Cards You Need to Consider 5 Unique Ways to Show Appreciation to Employees The Most Common Franchise Mistakes and How-to Avoid Them 4 Ways to Choose What Type of Marijuana You Want 3 Reasons Water Treatment is Essential to the Oil and Gas Industry 6 Reasons Why Brain Training Works at Any Age 5 Reasons to Invest in a Yeti Cooler 6 Things to Look for in a Fitness Club 7 Simple Questions to Ask When Choosing a Credit Card 4 Reasons to Use a Portable Storage Unit for a Move 5 Tips When Looking for a New Job 5 Critical Things to Know When Relocating Your Business 3 Benefits of Buying a Lakefront Property 5 Simple Ways to Reduce Your Credit Card Debt 4 Reasons to Switch to LED Bulbs
images (11)

5 Simple Ways to Reduce Your Credit Card Debt

Whether you’ve made a new year’s resolution to get your credit in order or simply want to create a better financial plan for yourself overall, there are a few ways you can reduce your credit card debt. Making some simple adjustments to your finances can get you on the road to better credit and financial stability so you can accomplish more of your goals.

Get Organized

First, you’ll need to make a detailed list of the credit cards you have and how much you owe on each card. Be sure to write down the APR for each card as well. You can use an online credit card repayment calculator to determine how much you can pay on each credit card each month.

Determine Your Budget

Look for practical ways to reduce the amount you spend each month so you can put that money toward your credit card bills. Whether you decide to shop for generic brands at the grocery store or refraining from going shoe shopping for a few months, figure out how you can set aside a substantial amount of money to take care of your debt.

Reduce Your APR

If you have credit cards with a high APR, there are ways to lower the APR so you don’t spend too much money on interest. Call your credit card company or bank and inquire about how to make your APR lower. If the bank or credit card company doesn’t agree to change your rate, you can transfer your credit card debt to a balance transfer card. Just make sure that balance transfer card has a 0% APR initially. It’s also important to make sure that the card accepts balance transfers at no charge. Make sure that you can pay most of your debt off before the initial offer for the balance transfer card expires.

Pay More Than the Minimum

Even if you’re paying an extra $5 or $10 per month on your credit card bill, make sure that you’re paying more than the minimum balance. Each month, check your statement to determine how much you’ll need to pay monthly to reduce the time it will take to pay off your debt.

Stop Using Your Card

If you find that you use the credit card too much and don’t budget accurately when making credit card purchases, start using cash for your purchases. Reserve your credit card for emergencies only. Using cash will help you see exactly how much you’re spending and making cash purchases means you won’t have to pay interest. Once you trust yourself more with your money management, you can start incorporating your credit card back into your spending little by little.

2016 Kickercon News Blog